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Li Auto Inc. (LI) Graph

LI Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2022-12-31: Revenue $2.68B*; Cost of revenue $2.14B*; Research and development $320.90M*; Selling, general and administrative $254.10M*.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

LI revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Vehicles$15.26BOther SalesAnd Services$805.00MRevenue$16.06BCost of revenue$13.06BGross profit$3.00BOperating expenses$3.08BOperating income-$74.52MOther income, net$9.64MResearch & development$1.62BSelling, general& administrative$1.53BPre-tax income$185.49MIncome tax$22.55MNet income$162.94M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome tax
2022-12-31$2.68B*$2.14B*$320.90M*$254.10M*$575.00M*-$14.17M*

Revenue and expense 9 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2022-09-30$3.89B$3.15B$662.11M$567.29M$1.23B-$4.24M-$318.99M

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2025-12-31$16.06B$13.06B$1.62B$1.53B$3.08B$22.55M(m)
2024-12-31$19.79B$15.73B$1.52B$1.68B$3.10B$174.04M(m)
2023-12-31$17.44B$13.57B$1.49B$1.38B$2.83B-$191.18M(m)
2022-12-31$6.57B$5.29B$983.01M$821.39M$1.80B-$18.41M(m)
2021-12-31$4.24B$3.33B$515.71M$548.03M$1.06B$26.46M-$50.44M
2020-12-31$1.45B$1.21B$168.56M$171.47M$340.03M-$3.50M-$23.24M