Stocks Comparison
Li Auto vs NIO: revenue, profit, margins and growth compared
Li Auto brought in $16.1B of revenue in fiscal 2025, NIO $12.5B in fiscal 2025. Revenue changed by -18.8% at Li Auto and +38.9% at NIO on the year before, so NIO grew faster. Li Auto kept 1.0% of its revenue as net profit, NIO -17.8%. Free cash flow was -$1.8B at Li Auto and -$439.4M at NIO.
Side by side, latest fiscal year
| LI | NIO | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $16.1B | $12.5B |
| Revenue growth | -18.8% | +38.9% |
| Net income | $160.8M | -$2.2B |
| Net margin | 1.0% | -17.8% |
| Free cash flow | -$1.8B | -$439.4M |
| Free cash flow margin | -11.4% | -3.5% |
| Earnings per share (diluted) | $0.08 | -$0.98 |
| Cash | $8.1B | $1.6B |
| Debt | $471.8M | $1.3B |
| Price to earnings | n/a | n/a |
| Market value | $12.5B | $9B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #40 of 587 · Industrials | #51 of 587 · Industrials |
Over the years
Questions about Li Auto and NIO
Which is bigger by revenue, Li Auto or NIO?
Li Auto is bigger by revenue: $16.1B in fiscal 2025, against $12.5B for NIO in fiscal 2025.
Which keeps more of its revenue as profit, Li Auto or NIO?
Li Auto had a net margin of 1.0% in fiscal 2025; NIO had -17.8% in fiscal 2025.
Which grew revenue faster, Li Auto or NIO?
In their latest fiscal years revenue changed by -18.8% at Li Auto and +38.9% at NIO.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.