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Li Auto (LI) Earnings Beat by 15.2% Despite Revenue Plunging 90.7% Year-Over-Year

Li Auto adjusted EPS of $0.25 beat estimates by 15.2%, but revenue plunged 91% year-over-year to $4.10 billion amid severe operational headwinds.

March 12, 2026 2 min read
Tencent

Li Auto adjusted EPS of $0.25 beat estimates by 15.2%, but revenue plunged 91% year-over-year to $4.10 billion amid severe operational headwinds.

Earnings Per Share (adj.)
$0.04
vs $0.22 est. (+15.2%)
Revenue
$4.1B
estimate N/A

Adjusted earnings top consensus. Li Auto Inc reported adjusted EPS of $0.04 for Q4 2025, beating the consensus estimate of $0.22 by 15.2%. The automaker posted net income of $20.2 million on revenue of $4.10 billion. However, GAAP EPS came in at just $0.01, well below the adjusted figure, reflecting operating income of -$63.3 million. The adjusted result marks a sharp 99.7% decline from the year-ago quarter’s $3.79 per share.

Revenue collapses year-over-year. Q4 revenue of $4.10 billion plunged 90.7% from the prior year’s $44.27 billion, a dramatic contraction that signals severe operational headwinds. Gross profit totaled $1.20 billion against cost of revenue of $4.80 billion. The company guided Q1 2026 revenue to a range of $3.20 billion to $3.40 billion, suggesting the downturn will persist into the current quarter. Trading volume reached 5.5 million shares as the stock held steady at $17.76.

What to Watch: The earnings call at 8:00 AM ET today will be critical—management must explain the 91% revenue collapse and whether Q1 guidance of $3.2-$3.4 billion represents a bottom or further deterioration ahead.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

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Tags: #LI