Growth Metrics

Li Auto (LI) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Li Auto (LI) over the last 6 years, with Q3 2025 value amounting to -$5.6 billion.

  • Li Auto's Operating Expenses rose 251.72% to -$5.6 billion in Q3 2025 from the same period last year, while for Sep 2025 it was -$21.2 billion, marking a year-over-year increase of 1210.88%. This contributed to the annual value of -$22.6 billion for FY2024, which is 1267.88% down from last year.
  • Per Li Auto's latest filing, its Operating Expenses stood at -$5.6 billion for Q3 2025, which was up 251.72% from -$5.2 billion recorded in Q2 2025.
  • In the past 5 years, Li Auto's Operating Expenses registered a high of -$1.0 billion during Q1 2021, and its lowest value of -$6.8 billion during Q4 2023.
  • For the 5-year period, Li Auto's Operating Expenses averaged around -$4.1 billion, with its median value being -$4.6 billion (2023).
  • In the last 5 years, Li Auto's Operating Expenses plummeted by 226382.69% in 2021 and then skyrocketed by 2197.71% in 2024.
  • Quarter analysis of 5 years shows Li Auto's Operating Expenses stood at -$2.4 billion in 2021, then tumbled by 57.05% to -$3.7 billion in 2022, then crashed by 82.45% to -$6.8 billion in 2023, then increased by 21.98% to -$5.3 billion in 2024, then decreased by 7.2% to -$5.6 billion in 2025.
  • Its Operating Expenses stands at -$5.6 billion for Q3 2025, versus -$5.2 billion for Q2 2025 and -$5.0 billion for Q1 2025.