Li Auto (LI) EBITDA (2020 - 2025)
Li Auto (LI) posted EBITDA of -$45.4 million for Q4 2025, up 53.55% on a QoQ basis from -$97.8 million in Q3 2025, and down 108.8% year-over-year from $516.4 million in Q4 2024.
Li Auto (LI) has 6 years of EBITDA data on file, last reported at -$45.4 million in Q4 2025.
- In Q4 2025, EBITDA fell 108.8% year-over-year to -$45.4 million; the TTM figure through Dec 2025 stood at $65.1 million (down 94.22% YoY), while the FY2025 annual figure was $69.5 million, down 93.74% from the prior year.
- EBITDA grew to -$45.4 million in Q4 2025, from -$97.8 million in the prior quarter.
- Across five years, EBITDA topped out at $815.9 million in Q4 2023 and bottomed at -$187.4 million in Q3 2022.
- A 5-year average of $130.6 million and a median of $67.9 million in 2022 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2022 — EBITDA sank 3835.62% — and 2023, when it surged 1730.63%.
- Year by year, EBITDA stood at -$12.0 million in 2021, then soared by 470.98% to $44.6 million in 2022, then surged by 1730.63% to $815.9 million in 2023, then slumped by 36.7% to $516.4 million in 2024, then sank by 108.8% to -$45.4 million in 2025.
- The last three EBITDA figures came in at -$45.4 million (Q4 2025), -$97.8 million (Q3 2025), and $128.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 941.00 Mn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 2.93 Bn |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 2.33 Bn |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 805.47 Mn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | -881.00 Mn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 66.75 Mn |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | -45.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -45.43 Mn |
| Sep 30, 2025 | -97.81 Mn |
| Jun 30, 2025 | 128.89 Mn |
| Mar 31, 2025 | 79.47 Mn |
| Dec 31, 2024 | 516.43 Mn |
| Sep 30, 2024 | 382.50 Mn |
| Jun 30, 2024 | 153.21 Mn |
| Mar 31, 2024 | 73.57 Mn |
| Dec 31, 2023 | 815.89 Mn |
| Sep 30, 2023 | 388.55 Mn |
| Jun 30, 2023 | 301.92 Mn |
| Mar 31, 2023 | 140.00 Mn |
| Dec 31, 2022 | 44.57 Mn |
| Sep 30, 2022 | -187.41 Mn |
| Jun 30, 2022 | 62.28 Mn |
| Mar 31, 2022 | -15.14 Mn |
| Dec 31, 2021 | -12.01 Mn |
| Sep 30, 2021 | 5.02 Mn |
| Jun 30, 2021 | -83.83 Mn |
| Mar 31, 2021 | -38.93 Mn |
| Dec 31, 2020 | -80.70 Mn |
| Sep 30, 2020 | 26.51 Mn |
| Jun 30, 2020 | -24.88 Mn |
| Mar 31, 2020 | -33.55 Mn |