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
DateValue
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