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| Date | Value |
|---|---|
| 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% |