Li Auto (LI) Operating Income (2020 - 2026)

Li Auto (LI) posted quarterly Operating Income of -$434.7 million for Q1 2026, down 1261.3% year-over-year from $37.4 million in Q1 2025, and down 586.9% on a QoQ basis from -$63.3 million in Q4 2025.

Li Auto (LI) Operating Income (2020 - 2026) Analysis & Trends

Li Auto (LI) has reported Operating Income for 7 consecutive years, with -$434.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income fell 1261.3% year-over-year to -$434.7 million; the TTM figure through Mar 2026 stood at -$547.9 million (down 149.89% YoY), while the FY2025 annual figure was -$74.5 million, down 107.75% from the prior year.
  • Operating Income came in at -$434.7 million for Q1 2026 at Li Auto, down from -$63.3 million in the prior quarter.
  • The five-year high for Operating Income was $507.4 million in Q4 2024, with the low at -$434.7 million in Q1 2026.
  • Average Operating Income over 5 years is $57.1 million, with a median of $37.4 million recorded in 2025.
  • Across the five-year window, Operating Income plunged 1872.54% in 2022 and jumped 2307.68% in 2023, its largest moves.
  • Year by year, Operating Income stood at -$19.4 million in 2022, then surged by 2307.68% to $427.7 million in 2023, then advanced by 18.63% to $507.4 million in 2024, then sank by 112.47% to -$63.3 million in 2025, then slumped by 586.9% to -$434.7 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$434.7 million, -$63.3 million, and -$165.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 941.00 Mn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 2.33 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 2.93 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -271.74 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -881.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -434.73 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 1.45 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -22,861.61 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -989.49 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 66.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -434.73 Mn
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