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Stocks Comparison

Li Auto vs Oshkosh: revenue, profit, margins and growth compared

Li Auto brought in $16.1B of revenue in fiscal 2025, Oshkosh $10.4B in fiscal 2025. Revenue changed by -18.8% at Li Auto and -2.9% at Oshkosh on the year before, so Oshkosh grew faster. Li Auto kept 1.0% of its revenue as net profit, Oshkosh 6.2%. Free cash flow was -$1.8B at Li Auto and $618M at Oshkosh.

Side by side, latest fiscal year

LIOSK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$16.1B$10.4B
Revenue growth-18.8%-2.9%
Net income$160.8M$647M
Net margin1.0%6.2%
Free cash flow-$1.8B$618M
Free cash flow margin-11.4%5.9%
Earnings per share (diluted)$0.08n/a
Cash$8.1B$479.8M
Debt$471.8M$1.1B
Price to earningsn/an/a
Market value$13.3B$8.6B
Dividend yieldn/a1.47%
Rank by revenue in sector#40 of 603 · Industrials#67 of 603 · Industrials

Over the years

Revenue
LI FY2020: $1.4BLI FY2021: $4.2BLI FY2022: $6.6BLI FY2023: $17.4BLI FY2024: $19.8BLI FY2025: $16.1BOSK FY2018: $7.7BOSK FY2019: $8.4BOSK FY2020: $6.9BOSK FY2021: $7.7BOSK FY2022: $8.3BOSK FY2023: $9.7BOSK FY2024: $10.7BOSK FY2025: $10.4BFY18FY19FY20FY21FY22FY23FY24FY25
LI $16.1BOSK $10.4B
Net income
LI FY2020: -$23.2MLI FY2021: -$50.4MLI FY2022: -$291.7MLI FY2023: $1.6BLI FY2024: $1.1BLI FY2025: $160.8MOSK FY2018: $471.9MOSK FY2019: $579.4MOSK FY2020: $321.5MOSK FY2021: $508.9MOSK FY2022: $173.9MOSK FY2023: $598MOSK FY2024: $681.4MOSK FY2025: $647MFY18FY19FY20FY21FY22FY23FY24FY25
LI $160.8MOSK $647M
Net margin
LI FY2020: -1.6%LI FY2021: -1.2%LI FY2022: -4.4%LI FY2023: 9.5%LI FY2024: 5.6%LI FY2025: 1.0%OSK FY2018: 6.1%OSK FY2019: 6.9%OSK FY2020: 4.7%OSK FY2021: 6.6%OSK FY2022: 2.1%OSK FY2023: 6.2%OSK FY2024: 6.4%OSK FY2025: 6.2%FY18FY19FY20FY21FY22FY23FY24FY25
LI 1.0%OSK 6.2%
Revenue growth
LI FY2021: +192.4%LI FY2022: +54.9%LI FY2023: +165.7%LI FY2024: +13.5%LI FY2025: -18.8%OSK FY2019: +8.8%OSK FY2020: -18.2%OSK FY2021: +12.8%OSK FY2023: +16.6%OSK FY2024: +11.1%OSK FY2025: -2.9%FY19FY20FY21FY22FY23FY24FY25
LI -18.8%OSK -2.9%
Free cash flow
LI FY2020: $377.7MLI FY2021: $768.3MLI FY2022: $326.6MLI FY2023: $6.2BLI FY2024: $1.1BLI FY2025: -$1.8BOSK FY2018: $341MOSK FY2019: $420.7MOSK FY2020: $215MOSK FY2021: $1.1BOSK FY2022: $331.8MOSK FY2023: $274.3MOSK FY2024: $269.1MOSK FY2025: $618MFY18FY19FY20FY21FY22FY23FY24FY25
LI -$1.8BOSK $618M

Fiscal years as each company reports them; the two may end in different months.

Questions about Li Auto and Oshkosh

Which is bigger by revenue, Li Auto or Oshkosh?

Li Auto is bigger by revenue: $16.1B in fiscal 2025, against $10.4B for Oshkosh in fiscal 2025.

Which keeps more of its revenue as profit, Li Auto or Oshkosh?

Li Auto had a net margin of 1.0% in fiscal 2025; Oshkosh had 6.2% in fiscal 2025.

Which grew revenue faster, Li Auto or Oshkosh?

In their latest fiscal years revenue changed by -18.8% at Li Auto and -2.9% at Oshkosh.

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.

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