Li Auto (LI) Research & Development (2020 - 2026)
Li Auto (LI) posted Research & Development of -$409.08 million for Q2 2026, compared with -$392.29 million a year earlier.
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Analysis
Li Auto (LI) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Li Auto was -$1.65 billion; for FY2025, it was -$1.62 billion.
- In prior years, Li Auto's Research & Development was -$1.52 billion in FY2024, -$1.49 billion in FY2023, -$983.01 million in FY2022 and -$515.71 million in FY2021.
- Quarterly Research & Development has run from a low of -$491.7 million in Q4 2023 to a high of -$137.89 million in Q3 2021 over five years.
- According to Business Quant data, Research & Development for the three prior quarters was -$394.63 million (Q1 2026), -$431.37 million (Q4 2025) and -$417.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,292.55 Bn | 1,118.58 Bn | 4.75 Bn | 2.37 Bn |
| 2 | General Motors | 69.62 Bn | -34.99 Bn | 9.28 Bn | - |
| 3 | Ferrari | 69.57 Bn | 62.06 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Ford Motor | 46.77 Bn | -95.73 Bn | 6.08 Bn | - |
| 5 | Honda Motor | 44.57 Bn | -105.24 Bn | 8.46 Bn | 1.53 Bn |
| 6 | Toyota Motor | 25.22 Bn | -375.60 Bn | 20.95 Bn | - |
| 7 | Magna International | 17.94 Bn | 11.96 Bn | 1.61 Bn | - |
| 8 | Rivian Automotive | 15.28 Bn | -8.03 Bn | 179.00 Mn | 466.00 Mn |
| 9 | Stellantis | 13.47 Bn | -151.18 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Li Auto | 11.41 Bn | -37.55 Bn | 417.98 Mn | 409.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 409.08 Mn |
| Mar 31, 2026 | 394.63 Mn |
| Dec 31, 2025 | 431.37 Mn |
| Sep 30, 2025 | 417.80 Mn |
| Jun 30, 2025 | 392.29 Mn |
| Mar 31, 2025 | 346.42 Mn |
| Dec 31, 2024 | 329.94 Mn |
| Sep 30, 2024 | 368.58 Mn |
| Jun 30, 2024 | 416.61 Mn |
| Mar 31, 2024 | 422.27 Mn |
| Dec 31, 2023 | 491.70 Mn |
| Sep 30, 2023 | 386.13 Mn |
| Jun 30, 2023 | 334.51 Mn |
| Mar 31, 2023 | 269.72 Mn |
| Dec 31, 2022 | 291.06 Mn |
| Sep 30, 2022 | 253.65 Mn |
| Jun 30, 2022 | 228.67 Mn |
| Mar 31, 2022 | 216.74 Mn |
| Dec 31, 2021 | 192.38 Mn |
| Sep 30, 2021 | 137.89 Mn |
API Access
Li Auto Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();