Li Auto annual gross margin
2019
2020
2021
2022
2023
2024
2025
Li Auto's gross margin was 18.68% for fiscal 2025.
View full Li Auto company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.68% | −1.84 pp |
| 2024 | 2024-12-31 | 20.53% | −1.67 pp |
| 2023 | 2023-12-31 | 22.20% | +2.79 pp |
| 2022 | 2022-12-31 | 19.41% | −1.92 pp |
| 2021 | 2021-12-31 | 21.33% | +4.95 pp |
| 2020 | 2020-12-31 | 16.38% | +16.42 pp |
| 2019 | 2019-12-31 | −0.03% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Over the last five reported fiscal years, Li Auto's gross margin increased from 16.38% to 18.68%, a change of +2.30 percentage points.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Li Auto filings at SEC.gov ↗