Vehicle Sales was the largest of Li Auto Inc.’s 2 reported lines in fiscal 2025, at $106.68B — 95% of $112.71B.
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Vehicle Sales | — | $120.29B | $138.54B | $106.68B |
| Motor Vehicles | $44.11B | — | — | — |
| Services | $1.18B | $3.56B | $5.92B | $6.02B |
| Total | $45.29B | $123.85B | $144.46B | $112.71B |
In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Li Auto Inc. reported in this breakdown added up to $112.71B. That was down 22.0% from $144.46B in fiscal 2024. Vehicle Sales was the largest revenue line, at $106.68B or 94.7% of the total, followed by Services ($6.02B, 5.3%).
Compared with fiscal 2024, Services grew the fastest, rising 1.7% to $6.02B. Vehicle Sales fell the most, down 23.0% to $106.68B.
Vehicle Sales was first reported as a separate revenue line in fiscal 2023. The table also keeps 1 revenue line that Li Auto Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2022 to 2025, as reported in Li Auto Inc.'s annual filings.
Revenue Recognized At A Point In Time was the largest of Li Auto Inc.’s 2 reported lines in fiscal 2025, at $106.68B — 100% of $107.09B.
| Timing of Transfer of Good or Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue Recognized At A Point In Time | $44.11B | $120.29B | $138.54B | $106.68B |
| Revenue Recognized Over Time | $136.33M | $227.85M | $351.21M | $410.22M |
| Total | $44.24B | $120.52B | $138.89B | $107.09B |
In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Li Auto Inc. reported in this breakdown added up to $107.09B. That was down 22.9% from $138.89B in fiscal 2024. Revenue Recognized At A Point In Time was the largest revenue line, at $106.68B or 99.6% of the total, followed by Revenue Recognized Over Time ($410.22M, 0.4%).
Over fiscal 2022 to 2025, revenue across these revenue lines went from $44.24B to $107.09B, a compound annual growth rate of 34.3%. Revenue Recognized At A Point In Time held a steady share of about 99.6%.
This breakdown covers every fiscal year from 2022 to 2025, as reported in Li Auto Inc.'s annual filings.
Li Auto Inc. (LI) breaks its revenue down by revenue line. In fiscal 2025, its largest revenue line was Vehicle Sales, with $106.68B or 94.7% of the total, followed by Services at $6.02B (5.3%).
Vehicle Sales was Li Auto Inc.'s largest revenue line in fiscal 2025, with $106.68B in revenue, 94.7% of the $112.71B reported across its 2 revenue lines.
Of the Li Auto Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Services grew the fastest, rising 1.7% from $5.92B to $6.02B.
Every figure is taken from Li Auto Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2022 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.