NASDAQ · LI
Li Auto financials
$11.23−4.10%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $16.05B | $19.79B | $17.50B | $6.57B | $27.01B | $1.45B |
| Gross profit | $3.00B | $4.06B | $3.88B | $1.27B | $5.76B | $237.4M |
| Gross margin | 18.7% | 20.5% | 22.2% | 19.4% | 21.3% | 16.4% |
| Operating income | -$142.2M | $870.7M | $1.01B | -$529.9M | -$1.02B | -$102.6M |
| Net income | $160.7M | $1.10B | $1.65B | -$291.7M | -$321.5M | -$121.4M |
| Net margin | 1.0% | 5.6% | 9.5% | −4.4% | −1.2% | −8.4% |
| Diluted EPS | $0.08 | $0.52 | $0.78 | $-0.15 | $-0.17 | $-0.14 |
| EBITDA | $520.3M | $1.29B | $1.26B | -$353.9M | -$426.9M | -$53.4M |
| Operating cash flow | -$1.22B | $2.18B | $7.16B | $1.07B | $8.34B | $481.2M |
| Free cash flow | -$1.82B | $1.12B | $6.24B | $326.5M | $4.90B | $377.7M |
| Diluted shares | 2,142.7M | 2,129.3M | 2,115.4M | 1,941.2M | 1,853.3M | 870.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.10B | $9.03B | $12.90B | $38.48B | $4.37B | $1.37B |
| Short-term investments | $6.34B | $6.43B | $1.69B | $0.00 | $3.09B | $3.02B |
| Total debt | $1.41B | $1.26B | $1.23B | $9.62B | $941.2M | $134.6M |
| Total assets | $22.05B | $22.24B | $20.27B | $86.54B | $9.71B | $5.57B |
| Total liabilities | $11.60B | $12.47B | $11.71B | $41.35B | $3.26B | $1.01B |
| Shareholders' equity | $10.45B | $9.77B | $8.56B | $45.19B | $6.44B | $4.57B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology