Li Auto's 2025 financial report shows a decline in both revenue and profit.

Li Auto reported in its 2025 financial report that its annual revenue decreased by 22.3% year-on-year to RMB 112.312 billion, while its net profit plummeted by 85.8% to only RMB 1.139 billion. Furthermore, the company's sales also declined, with annual deliveries reaching 406,300 vehicles, a year-on-year decrease of 18.81%, making it the only emerging electric vehicle manufacturer to experience a year-on-year sales decline.