Li Auto (LI) Net Margin (2020 - 2026)

Li Auto (LI) posted quarterly Net Margin of 9.96% for Q1 2026, down 1247.0% year-over-year from 0.87% in Q1 2025, and down 44082.09% on a QoQ basis from 0.02% in Q4 2025.

Li Auto (LI) Net Margin (2020 - 2026) Analysis & Trends

Li Auto (LI) has reported Net Margin for 7 consecutive years, with 9.96% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin fell 1247.0% year-over-year to 9.96%; the TTM figure through Mar 2026 stood at 1.72% (down 731.0% YoY), while the FY2025 annual figure was 1.0%, down 456.0% from the prior year.
  • Net Margin came in at 9.96% for Q1 2026 at Li Auto, down from 0.02% in the prior quarter.
  • The five-year high for Net Margin was 13.56% in Q4 2023, with the low at 17.56% in Q3 2022.
  • Average Net Margin over 5 years is 1.61%, with a median of 2.99% recorded in 2025.
  • Across the five-year window, Net Margin surged 2570 bps in 2023 and plunged 1247 bps in 2026, its largest moves.
  • Year by year, Net Margin stood at 1.46% in 2022, then surged by 831 bps to 13.56% in 2023, then sank by 41 bps to 7.96% in 2024, then slumped by 100 bps to 0.02% in 2025, then slumped by 44082 bps to 9.96% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 9.96%, 0.02%, and 2.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 2.19%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 5.89%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 6.64%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -13.69%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -30.12%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -9.96%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -1.94%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn 0.00%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -401.57%
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 1.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.96%
Dec 31, 2025 0.02%
Sep 30, 2025 -2.28%
Jun 30, 2025 3.61%
Mar 31, 2025 2.51%
Dec 31, 2024 7.96%
Sep 30, 2024 6.56%
Jun 30, 2024 3.48%
Mar 31, 2024 2.31%
Dec 31, 2023 13.56%
Sep 30, 2023 8.14%
Jun 30, 2023 8.00%
Mar 31, 2023 4.95%
Dec 31, 2022 1.46%
Sep 30, 2022 0.00%
Jun 30, 2022 0.00%
Dec 31, 2021 0.00%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%
Dec 31, 2020 0.00%