Li Auto (LI) Operating Income (2020 - 2025)
Li Auto (LI) posted Operating Income of -$63.3 million for Q4 2025, up 61.73% on a QoQ basis from -$165.4 million in Q3 2025, and down 112.47% year-over-year from $507.4 million in Q4 2024.
Li Auto (LI) has 6 years of Operating Income data on file, last reported at -$63.3 million in Q4 2025.
- In Q4 2025, Operating Income fell 112.47% year-over-year to -$63.3 million; the TTM figure through Dec 2025 stood at -$75.8 million (down 107.73% YoY), while the FY2025 annual figure was -$74.5 million, down 107.75% from the prior year.
- Operating Income rose to -$63.3 million in Q4 2025, from -$165.4 million in the prior quarter.
- Across five years, Operating Income topped out at $507.4 million in Q4 2024 and bottomed at -$299.4 million in Q3 2022.
- A 5-year average of $62.5 million and a median of -$5.7 million in 2021 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income tumbled 1872.54% — and 2023, when it surged 2307.68%.
- Year by year, Operating Income stood at $3.8 million in 2021, then slumped by 612.22% to -$19.4 million in 2022, then surged by 2307.68% to $427.7 million in 2023, then increased by 18.63% to $507.4 million in 2024, then slumped by 112.47% to -$63.3 million in 2025.
- The last three Operating Income figures came in at -$63.3 million (Q4 2025), -$165.4 million (Q3 2025), and $115.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 941.00 Mn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 2.93 Bn |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 2.33 Bn |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 805.47 Mn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | -881.00 Mn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 66.75 Mn |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | -63.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -63.29 Mn |
| Sep 30, 2025 | -165.36 Mn |
| Jun 30, 2025 | 115.45 Mn |
| Mar 31, 2025 | 37.44 Mn |
| Dec 31, 2024 | 507.35 Mn |
| Sep 30, 2024 | 489.15 Mn |
| Jun 30, 2024 | 64.40 Mn |
| Mar 31, 2024 | -81.01 Mn |
| Dec 31, 2023 | 427.67 Mn |
| Sep 30, 2023 | 320.64 Mn |
| Jun 30, 2023 | 224.22 Mn |
| Mar 31, 2023 | 59.00 Mn |
| Dec 31, 2022 | -19.37 Mn |
| Sep 30, 2022 | -299.39 Mn |
| Jun 30, 2022 | -146.08 Mn |
| Mar 31, 2022 | -65.16 Mn |
| Dec 31, 2021 | 3.78 Mn |
| Sep 30, 2021 | -15.18 Mn |
| Jun 30, 2021 | -83.01 Mn |
| Mar 31, 2021 | -62.23 Mn |
| Dec 31, 2020 | 12.10 Mn |
| Sep 30, 2020 | 26.51 Mn |
| Jun 30, 2020 | -24.88 Mn |
| Mar 31, 2020 | -33.55 Mn |