Li Auto (LI) Capital Expenditures (2020 - 2026)
Li Auto (LI) posted quarterly Capital Expenditures of -$188.1 million for Q1 2026, down 64.51% year-over-year from -$530.0 million in Q1 2025, and down 24.81% on a QoQ basis from -$150.7 million in Q4 2025.
Li Auto (LI) Capital Expenditures (2020 - 2026) Analysis & Trends
Li Auto (LI) has reported Capital Expenditures for 7 consecutive years, with -$188.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures fell 64.51% year-over-year to -$188.1 million; the TTM figure through Mar 2026 stood at -$664.2 million (up 30.11% YoY), while the FY2025 annual figure was $601.4 million, down 43.21% from the prior year.
- Capital Expenditures came in at -$188.1 million for Q1 2026 at Li Auto, down from -$150.7 million in the prior quarter.
- The five-year high for Capital Expenditures was -$102.8 million in Q2 2022, with the low at -$374.1 million in Q4 2023.
- Average Capital Expenditures over 5 years is -$207.7 million, with a median of -$203.9 million recorded in 2022.
- Across the five-year window, Capital Expenditures slumped 286.5% in 2022 and surged 58.03% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at -$241.8 million in 2022, then sank by 54.69% to -$374.1 million in 2023, then increased by 4.02% to -$359.1 million in 2024, then soared by 58.03% to -$150.7 million in 2025, then declined by 24.81% to -$188.1 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$188.1 million, -$150.7 million, and -$213.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 2.49 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 2.38 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 3.27 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 534.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -188.07 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 5,078.04 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 253.17 Mn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -188.07 Mn |
| Mar 31, 2026 | -188.07 Mn |
| Dec 31, 2025 | -150.69 Mn |
| Dec 31, 2025 | -150.69 Mn |
| Sep 30, 2025 | -213.04 Mn |
| Sep 30, 2025 | -213.04 Mn |
| Jun 30, 2025 | -112.45 Mn |
| Jun 30, 2025 | -112.45 Mn |
| Mar 31, 2025 | -114.32 Mn |
| Mar 31, 2025 | -114.32 Mn |
| Dec 31, 2024 | -359.07 Mn |
| Dec 31, 2024 | -359.07 Mn |
| Sep 30, 2024 | -281.13 Mn |
| Sep 30, 2024 | -281.13 Mn |
| Jun 30, 2024 | -195.86 Mn |
| Jun 30, 2024 | -195.86 Mn |
| Mar 31, 2024 | -237.23 Mn |
| Mar 31, 2024 | -237.23 Mn |
| Dec 31, 2023 | -374.11 Mn |
| Dec 31, 2023 | -374.11 Mn |