How much revenue does Li Auto (LI) generate?

Li Auto (LI) generated 109B CNY in total revenue in TTM through Q1 2026, with a net profit margin of -1.7%, equivalent to roughly -1.8B CNY in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Li Auto (LI)?

Li Auto (LI) reported a gross profit margin of 16% in TTM through Q1 2026, equivalent to 17.4B CNY in gross profit on 109B CNY in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Li Auto (LI)?

Li Auto (LI) reported an operating profit margin of -3.9% in TTM through Q1 2026, equivalent to -4.21B CNY in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Li Auto (LI)?

Li Auto (LI) reported a net profit margin of -1.7% in TTM through Q1 2026, equivalent to -1.8B CNY in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Li Auto (LI) profitable?

Li Auto (LI) reported a net loss of 1.8B CNY for TTM through Q1 2026, a net profit margin of -1.7%. Combined operating expenses, interest, and income taxes exceeded revenue, so the period closed in the red on a reported basis.

How much does Li Auto (LI) invest in research and development?

Li Auto (LI) invested 8.5B CNY in research and development during TTM through Q1 2026, roughly 7.8% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Li Auto (LI) spend on capital expenditures?

Li Auto (LI) spent 4.46B CNY on capital expenditures (CapEx) during TTM through Q1 2026, roughly 4.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Li Auto (LI) generate?

Li Auto (LI) generated -17.5B CNY in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -16.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

How Li Auto Makes Money: 2026 Visual Revenue Map

Li Auto (LI) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported March 31, 2026).

Li Auto discloses geographic revenue only in annual filings. to view the full breakdown.

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Revenue Counter$486.14/s
Earnings Counter-$8.36/s
Economic Scale> Namibia

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