Li Auto Inc. (LI) Gross margin 2020–2025
Li Auto Inc. (LI) gross margin by fiscal year — reported gross profit divided by reported revenue.
18.7%FY2025 · since FY2020: 16.4% → 18.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 18.7% | -1.8 pp |
| FY2024 | 20.5% | -1.7 pp |
| FY2023 | 22.2% | +2.8 pp |
| FY2022 | 19.4% | -1.9 pp |
| FY2021 | 21.3% | +4.9 pp |
| FY2020 | 16.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice