Li Auto Inc. (LAAOF) Operating Expenses (2020 - 2026)
Li Auto (LAAOF) posted quarterly Operating Expenses of -$696.8 million for Q1 2026, little changed year-over-year from -$698.2 million in Q1 2025, and up 12.56% quarter-over-quarter from -$797.0 million in Q4 2025.
Li Auto Inc. (LAAOF) Operating Expenses (2020 - 2026) Analysis & Trends
Li Auto's Operating Expenses history runs 7 years deep, the most recent figure standing at -$696.8 million for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.2% year-over-year to -$696.8 million; the TTM figure through Mar 2026 stood at -$3.0 billion (changed 0.32% YoY), while the FY2025 annual figure was $3.1 billion, down 0.84% from the prior year.
- Operating Expenses for Q1 2026 stood at -$696.8 million, up from -$797.0 million in the prior quarter.
- The five-year high for Operating Expenses was -$406.5 million in Q1 2022, with the low at -$950.8 million in Q4 2023.
- The 5-year median for Operating Expenses is -$721.6 million (2024), against an average of -$676.9 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 259880.3% in 2022, then gained 24.11% in 2024.
- Li Auto's Operating Expenses stood at -$536.4 million in 2022, then plunged by 77.24% to -$950.8 million in 2023, then increased by 24.11% to -$721.6 million in 2024, then declined by 10.45% to -$797.0 million in 2025, then grew by 12.56% to -$696.8 million in 2026.
- Business Quant data shows LAAOF's Operating Expenses at -$696.8 million in Q1 2026, -$797.0 million in Q4 2025, and -$793.1 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -696.85 Mn |
| Dec 31, 2025 | -796.96 Mn |
| Sep 30, 2025 | -793.12 Mn |
| Jun 30, 2025 | -731.47 Mn |
| Mar 31, 2025 | -695.47 Mn |
| Dec 31, 2024 | -721.56 Mn |
| Sep 30, 2024 | -825.35 Mn |
| Jun 30, 2024 | -785.57 Mn |
| Mar 31, 2024 | -812.88 Mn |
| Dec 31, 2023 | -950.78 Mn |
| Sep 30, 2023 | -727.13 Mn |
| Jun 30, 2023 | -635.67 Mn |
| Mar 31, 2023 | -498.70 Mn |
| Dec 31, 2022 | -536.44 Mn |
| Sep 30, 2022 | -465.55 Mn |
| Jun 30, 2022 | -426.50 Mn |
| Mar 31, 2022 | -406.50 Mn |
| Dec 31, 2021 | -369.69 Mn |
| Sep 30, 2021 | -296.39 Mn |
| Jun 30, 2021 | -230.57 Mn |