Growth Metrics

Li Auto (LI) Operating Leases (2017 - 2025)

Li Auto (LI) posted Operating Leases of $882.5 million for Q4 2025, down 2.69% on a QoQ basis from $906.9 million in Q3 2025, and up 10.51% year-over-year from $798.5 million in Q4 2024.

Li Auto (LI) has 8 years of Operating Leases data on file, last reported at $882.5 million in Q4 2025.

  • In Q4 2025, Operating Leases rose 10.51% year-over-year to $882.5 million; the TTM figure through Dec 2025 stood at $882.5 million (up 10.51% YoY), while the FY2025 annual figure was $895.0 million, up 13.9% from the prior year.
  • Operating Leases declined to $882.5 million in Q4 2025, from $906.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $906.9 million in Q3 2025 and bottomed at $85.4 million in Q3 2022.
  • A 5-year average of $473.2 million and a median of $329.7 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases plunged 68.39% — and 2023, when it jumped 316.45%.
  • Year by year, Operating Leases stood at $214.3 million in 2021, then increased by 27.73% to $273.7 million in 2022, then soared by 86.66% to $510.8 million in 2023, then soared by 56.32% to $798.5 million in 2024, then grew by 10.51% to $882.5 million in 2025.
  • The last three Operating Leases figures came in at $882.5 million (Q4 2025), $906.9 million (Q3 2025), and $887.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,345.47 Bn 1,300.79 Bn 4.72 Bn
2 General Motors 75.49 Bn 53.10 Bn 4.32 Bn
3 Ferrari 72.44 Bn 70.64 Bn -
4 Ford Motor 66.63 Bn 36.17 Bn 7.94 Bn
5 Stellantis 29.57 Bn -7.31 Bn 5.19 Bn
6 Rivian Automotive 21.06 Bn 16.25 Bn 119.00 Mn
7 China Yuchai International 16.90 Bn 15.88 Bn 317.01 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

Historic Data

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DateValue
Dec 31, 2025 882.47 Mn
Sep 30, 2025 906.89 Mn
Jun 30, 2025 887.02 Mn
Mar 31, 2025 798.32 Mn
Dec 31, 2024 798.50 Mn
Sep 30, 2024 688.07 Mn
Jun 30, 2024 629.70 Mn
Mar 31, 2024 612.39 Mn
Dec 31, 2023 510.82 Mn
Sep 30, 2023 355.65 Mn
Jun 30, 2023 42.60 Mn
Mar 31, 2023 289.42 Mn
Dec 31, 2022 273.67 Mn
Sep 30, 2022 245.10 Mn
Jun 30, 2022 255.74 Mn
Mar 31, 2022 235.97 Mn
Dec 31, 2021 214.25 Mn
Sep 30, 2021 270.20 Mn
Jun 30, 2021 247.89 Mn
Mar 31, 2021 218.03 Mn
Dec 31, 2020 154.70 Mn
Sep 30, 2020 207.28 Mn
Jun 30, 2020 197.72 Mn
Dec 31, 2019 34.21 Mn
Dec 31, 2017 21.58 Mn