BYD Company Ltd
CorpDigest
BYD Company Ltd
Annual Revenue
Last reviewed: 2025-07-15 · By Swet Parvadiya
FY2024 Revenue
$107.0B
▲ 28.9% vs FY2023 ($83.0B)
Net Income: $5.2B
Source: Annual Report
BYD Company Ltd reported $107.0B in revenue for fiscal year 2024. This represents a growth of 28.9% compared to the 2023 figure of $83.0B.
Revenue climbed 28.9% to $107 billion in 2024 as BYD delivered 1.76 million battery electric vehicles, surpassing Tesla's global BEV volume for the first time.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $107.0B | $5.2B | +28.9% |
| FY2023 | $83.0B | $4.5B | +53.7% |
| FY2022 | $54.0B | $2.8B | +63.6% |
| FY2021 | $33.0B | $590M | +46.0% |
| FY2020 | $22.6B | $470M | +4.6% |
| FY2019 | $21.6B | $280M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.