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