Li Auto (LI) Capital Expenditures (2020 - 2025)

Li Auto (LI) has 6 years of Capital Expenditures data on file, last reported at -$150.7 million in Q4 2025.

• In Q4 2025, Capital Expenditures rose 58.03% year-over-year to -$150.7 million; the TTM figure through Dec 2025 stood at -$590.5 million (up 44.98% YoY), while the FY2025 annual figure was $601.4 million, down 43.21% from the prior year.
• Capital Expenditures grew to -$150.7 million in Q4 2025, from -$213.0 million in the prior quarter.
• Across five years, Capital Expenditures topped out at -$54.4 million in Q1 2021 and bottomed at -$374.1 million in Q4 2023.
• A 5-year average of -$198.4 million and a median of -$199.9 million in 2022 frame the typical range for Capital Expenditures.
• Annual changes were most pronounced in 2021 — Capital Expenditures tumbled 1123.57% — and 2025, when it soared 58.03%.
• Year by year, Capital Expenditures stood at -$348.6 million in 2021, then soared by 30.63% to -$241.8 million in 2022, then slumped by 54.69% to -$374.1 million in 2023, then advanced by 4.02% to -$359.1 million in 2024, then soared by 58.03% to -$150.7 million in 2025.
• The last three Capital Expenditures figures came in at -$150.7 million (Q4 2025), -$213.0 million (Q3 2025), and -$112.4 million (Q2 2025), per Business Quant data.

Peer Comparison