Gross Profit for Li Auto (LI)
According to Li Auto's latest reported financial statements, the company's current gross profit (TTM) is $20.95B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LI
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TTM (last 4 quarters)
$20.95B
YoY change
-31.2%
5Y CAGR
+71.2%
Peak year (2024)
$29.67B
Cumulative gross profit
$93.13B
Gross Profit history chart for Li Auto (LI) from 2018 to 2025
Gross Profit history table for Li Auto (LI) from 2018 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $20.41B | -31.2% | ||
| 2024 | $29.67B | +7.9% | ||
| 2023 | $27.49B | +212.2% | ||
| 2022 | $8.81B | +58.6% | ||
| 2021 | $5.55B | +300.4% | ||
| 2020 | $1.39B | -1527.4% | ||
| 2019 | -$97.13M | +8.3% | ||
| 2018 | -$89.70M | — |
Gross Profit values are taken from Li Auto's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
The 2025 reading of Li Auto (LI) gross profit is $20.41B – plunged 31.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Li Auto gross profit compounded at +71.2% per year, with the latest reading among the more recent periods of the dataset.
Li Auto gross profit peaked at $29.67B in 2024; the latest annual figure is $20.41B in 2025 (31.2% below peak).
2024 marks the peak gross profit at $29.67B, with the historical low of -$97.13M recorded in 2019.
Within Consumer Cyclical, Li Auto (LI) ranks 6th among 8 peers we track. The peer median for gross profit is $40.89B.
Li Auto Gross Profit by Year
Li Auto Gross Profit 2025: $20.41B
Li Auto gross profit in 2025 was $20.41B, plunged 31.2% below 2024.
Li Auto Gross Profit 2024: $29.67B
Li Auto gross profit in 2024 was $29.67B, grew 7.9% from 2023. This figure represents the highest annual value in the available history.
Li Auto Gross Profit 2023: $27.49B
Li Auto gross profit in 2023 was $27.49B, surged 212.2% from 2022.
Li Auto Gross Profit 2022: $8.81B
Li Auto gross profit in 2022 was $8.81B, surged 58.6% from 2021.
Li Auto Gross Profit 2021: $5.55B
Li Auto gross profit in 2021 was $5.55B.
See more financial history for Li Auto (LI).
Sector peers — Gross Profit
Companies in the same sector as Li Auto, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is Li Auto's gross profit?
- Latest reported gross profit for Li Auto (LI) is $20.95B (period ending December 31, 2025).
How has Li Auto gross profit changed year-over-year?
- Li Auto (LI) gross profit changed -31.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Li Auto gross profit?
- Li Auto (LI) gross profit compound annual growth rate is +71.2% over the most recent 5 years available.
When did Li Auto gross profit hit its highest annual value?
- Li Auto gross profit reached its highest annual value of $29.67B in 2024.
What was Li Auto gross profit in 2024?
- Li Auto (LI) gross profit in 2024 was $29.67B.
What was Li Auto gross profit in 2025?
- Li Auto (LI) gross profit in 2025 was $20.41B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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