Li Auto (ADR) (LI)
Builds family-oriented extended-range and battery-electric vehicles through a direct network in China.
$11.76
vs last close+0.10 (+0.85%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,216 | 6,103 | 3,824 | 4,722 | 6,444 | 6,264 | 3,878 | 4,530 | 4,090 | 4,235 | 3,409 | 3,819 |
| Cost of revenue | 4,066 | 4,672 | 3,036 | 3,801 | 5,057 | 4,998 | 3,082 | 3,621 | 3,422 | 3,480 | 3,141 | 3,397 |
| Gross profit | 1,150 | 1,431 | 788 | 921 | 1,386 | 1,266 | 795 | 909 | 668 | 755 | 268 | 422 |
| 806 | 989 | 899 | 871 | 894 | 766 | 755 | 828 | 858 | 834 | 708 | 752 | |
| Research & development | 424 | 511 | 455 | 451 | 389 | 336 | 376 | 421 | 445 | 0 | 404 | 413 |
| Selling, general & administrative | 383 | 478 | 444 | 420 | 505 | 431 | 379 | 407 | 414 | 390 | 304 | 339 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 444 | — | — |
| Operating income | 343 | 443 | −111 | 50 | 493 | 500 | 41 | 81 | −190 | −78 | −440 | −330 |
| 100 | 168 | 212 | 126 | 18 | 82 | 75 | 112 | 80 | 74 | 54 | 40 | |
| Interest income | 66 | 116 | 159 | 55 | 0 | 55 | 77 | 74 | 71 | 0 | 58 | 68 |
| Interest expense | 2 | 2 | 4 | 6 | 8 | 9 | 7 | 7 | 5 | 6 | 6 | 17 |
| Other non-operating income | −102 | −170 | −216 | −132 | −26 | −91 | −82 | −120 | −85 | −80 | −60 | 0 |
| Income before tax | 444 | 611 | 101 | 176 | 511 | 582 | 116 | 193 | −110 | −4 | −386 | −290 |
| Income tax expense | 21 | −231 | 13 | 11 | 87 | 75 | 19 | 29 | −17 | −7 | −48 | −36 |
| Net income from continuing operations | 423 | 841 | 88 | 164 | 424 | 507 | 97 | 164 | −93 | 3 | −338 | −254 |
| Net income | 425 | 827 | 88 | 164 | 423 | 505 | 97 | 164 | −93 | 1 | −340 | −254 |
| EPS, basic | $0.43 | $0.84 | $0.09 | $0.17 | $0.42 | $0.50 | $0.10 | $0.16 | −$0.09 | $0.00 | −$0.34 | −$0.25 |
| EPS, diluted | $0.40 | $0.78 | $0.08 | $0.16 | $0.40 | $0.47 | $0.09 | $0.15 | −$0.09 | $0.00 | −$0.34 | −$0.25 |
| Weighted average shares, basic | 986 | 990 | 993 | 995 | 998 | 1,000 | 1,004 | 1,006 | 1,009 | 1,011 | 1,014 | 1,007 |
| Weighted average shares, diluted | 1,060 | 1,065 | 1,066 | 1,062 | 1,063 | 1,067 | 1,069 | 1,071 | 1,009 | 1,042 | 1,014 | 1,007 |
| EBITDA | 446 | 767 | 105 | 376 | 519 | 852 | 123 | 457 | −106 | 436 | −380 | −330 |
| Depreciation & amortization | 0 | 154 | 0 | 194 | 0 | 262 | 0 | 257 | 0 | 435 | 0 | 0 |
| EBIT | 446 | 613 | 105 | 182 | 519 | 591 | 123 | 200 | −106 | 1 | −380 | −330 |