Li Auto annual operating expenses
2020
2021
2022
2023
2024
2025
Li Auto Operating Expenses Growth & History (LI)
Li Auto's operating expenses was $3.08B for fiscal 2025.
View full Li Auto company overviewLi Auto annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.08B | −$25.9M | −0.84% |
| 2024 | 2024-12-31 | $3.10B | $271.7M | +9.60% |
| 2023 | 2023-12-31 | $2.83B | $1.03B | +56.82% |
| 2022 | 2022-12-31 | $1.80B | $740.7M | +69.63% |
| 2021 | 2021-12-31 | $1.06B | $723.7M | +212.84% |
| 2020 | 2020-12-31 | $340.0M | — | — |
Li Auto operating expenses trends
Over the last five fiscal years, Li Auto's operating expenses increased from $340.0M to $3.08B, a change of $2.74B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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