Li Auto (LI) Free Cash Flow (2020 - 2025)

Li Auto (LI) has 6 years of Free Cash Flow data on file, last reported at $654.2 million in Q4 2025.

• In Q4 2025, Free Cash Flow fell 57.74% year-over-year to $654.2 million; the TTM figure through Dec 2025 stood at -$603.0 million (down 118.21% YoY), while the FY2025 annual figure was -$1.8 billion, down 260.8% from the prior year.
• Free Cash Flow rose to $654.2 million in Q4 2025, from -$825.8 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $2.8 billion in Q4 2023 and bottomed at -$825.8 million in Q3 2025.
• A 5-year average of $728.1 million and a median of $496.0 million in 2021 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2021 — Free Cash Flow surged 2209.97% — and 2025, when it slumped 327.67%.
• Year by year, Free Cash Flow stood at $950.7 million in 2021, then increased by 0.55% to $955.9 million in 2022, then surged by 193.94% to $2.8 billion in 2023, then tumbled by 44.9% to $1.5 billion in 2024, then sank by 57.74% to $654.2 million in 2025.
• The last three Free Cash Flow figures came in at $654.2 million (Q4 2025), -$825.8 million (Q3 2025), and -$311.4 million (Q2 2025), per Business Quant data.

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