Growth Metrics

Li Auto (LI) Share-based Compensation (2021 - 2025)

Li Auto (LI) posted Share-based Compensation of $36.4 million for Q4 2025, down 2.24% on a QoQ basis from $37.2 million in Q3 2025, and down 48.29% year-over-year from $70.3 million in Q4 2024.

Li Auto (LI) has 5 years of Share-based Compensation data on file, last reported at $36.4 million in Q4 2025.

  • In Q4 2025, Share-based Compensation fell 48.29% year-over-year to $36.4 million; the TTM figure through Dec 2025 stood at $176.0 million (down 52.12% YoY), while the FY2025 annual figure was $179.9 million, up 100.42% from the prior year.
  • Share-based Compensation eased to $36.4 million in Q4 2025, from $37.2 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $146.8 million in Q3 2024 and bottomed at $36.4 million in Q4 2025.
  • A 5-year average of $72.3 million and a median of $65.3 million in 2022 frame the typical range for Share-based Compensation.
  • Annual changes were most pronounced in 2022 — Share-based Compensation soared 66.56% — and 2025, when it sank 74.68%.
  • Year by year, Share-based Compensation stood at $61.1 million in 2021, then soared by 66.56% to $101.8 million in 2022, then climbed by 14.34% to $116.4 million in 2023, then slumped by 39.63% to $70.3 million in 2024, then tumbled by 48.29% to $36.4 million in 2025.
  • The last three Share-based Compensation figures came in at $36.4 million (Q4 2025), $37.2 million (Q3 2025), and $51.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Tesla 1,345.47 Bn 1,300.79 Bn 4.72 Bn 1.03 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 110.00 Mn
5 Stellantis 29.57 Bn -7.31 Bn 5.19 Bn -
6 Rivian Automotive 21.06 Bn 16.25 Bn 119.00 Mn 207.00 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 36.35 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 36.35 Mn
Dec 31, 2025 36.35 Mn
Sep 30, 2025 37.18 Mn
Sep 30, 2025 37.18 Mn
Jun 30, 2025 51.82 Mn
Jun 30, 2025 51.82 Mn
Mar 31, 2025 50.66 Mn
Mar 31, 2025 50.66 Mn
Dec 31, 2024 70.29 Mn
Dec 31, 2024 70.29 Mn
Sep 30, 2024 146.84 Mn
Sep 30, 2024 146.84 Mn
Jun 30, 2024 55.55 Mn
Jun 30, 2024 55.55 Mn
Mar 31, 2024 94.90 Mn
Mar 31, 2024 94.90 Mn
Dec 31, 2023 116.43 Mn
Dec 31, 2023 116.43 Mn
Sep 30, 2023 89.69 Mn
Sep 30, 2023 89.69 Mn
Jun 30, 2023 59.60 Mn
Jun 30, 2023 59.60 Mn
Mar 31, 2023 70.20 Mn
Mar 31, 2023 70.20 Mn
Dec 31, 2022 101.82 Mn
Dec 31, 2022 101.82 Mn
Sep 30, 2022 56.98 Mn
Sep 30, 2022 56.98 Mn
Jun 30, 2022 69.39 Mn
Jun 30, 2022 69.39 Mn
Mar 31, 2022 76.88 Mn
Mar 31, 2022 76.88 Mn
Dec 31, 2021 61.13 Mn
Dec 31, 2021 61.13 Mn
Sep 30, 2021 55.21 Mn
Sep 30, 2021 55.21 Mn