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LI
Li Auto Inc. American Depositary SharesStock · Industrials
$12.43+$0.15 (+1.26%)as of Aug 17, 3:55 PM ET
☾ After hours:$12.41+0.00%3:59 PM ET
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How Li Auto Inc. American Depositary Shares makes money

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How does Li Auto Inc. American Depositary Shares make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Li Auto Inc. American Depositary Shares · FY2025 · year ended 2025-12-31
Revenue$16.1BGross profit$3.0B · 19%Cost of revenue$13.1B · 81%Operating income$0 · 0%Operating expenses$3.0B · 19%R&D$1.6B · 10%Other opex$1.4B · 9%Pre-tax income$185M · 1%Other income$185M · 1%Net income$163M · 1%Income tax$0 · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.