A light emitting diode includes a substrate, a first semiconductor layer, an active layer, a second semiconductor layer, a first electrode, a second electrode and a carbon nanotube structure. The first semiconductor layer, the active layer, and the second semiconductor layer are stacked on the substrate. The first semiconductor layer is a stepped structure and has a first surface and a second surface lower than the first surface. The first electrode is located on and electrically connected to the second semiconductor layer. The carbon nanotube structure is located on the second surface of the first semiconductor layer and electrically connected to the first semiconductor layer. The second electrode is located on and electrically connected to the carbon nanotube structure.