Growth Metrics

Li Auto (LI) Gross Margin (2020 - 2025)

Historic Gross Margin for Li Auto (LI) over the last 6 years, with Q3 2025 value amounting to 16.33%.

  • Li Auto's Gross Margin fell 51800.0% to 16.33% in Q3 2025 from the same period last year, while for Sep 2025 it was 19.42%, marking a year-over-year decrease of 20500.0%. This contributed to the annual value of 20.53% for FY2024, which is 16700.0% down from last year.
  • Li Auto's Gross Margin amounted to 16.33% in Q3 2025, which was down 51800.0% from 20.06% recorded in Q2 2025.
  • Li Auto's Gross Margin's 5-year high stood at 23.45% during Q4 2023, with a 5-year trough of 12.65% in Q3 2022.
  • For the 5-year period, Li Auto's Gross Margin averaged around 20.28%, with its median value being 20.51% (2025).
  • In the last 5 years, Li Auto's Gross Margin crashed by -106500bps in 2022 and then skyrocketed by 93900bps in 2023.
  • Over the past 5 years, Li Auto's Gross Margin (Quarter) stood at 22.41% in 2021, then decreased by -10bps to 20.21% in 2022, then grew by 16bps to 23.45% in 2023, then fell by -14bps to 20.26% in 2024, then fell by -19bps to 16.33% in 2025.
  • Its Gross Margin stands at 16.33% for Q3 2025, versus 20.06% for Q2 2025 and 20.51% for Q1 2025.