Li Auto LI
NASDAQ LI
$10.99 +0.10 (+0.92%)
At close: Oct 7, 2026 · 4:00 PM EDT

Li Auto (LI) Research & Development (2020 - 2026)

Updated

Li Auto (LI) posted Research & Development of -$409.08 million for Q2 2026, compared with -$392.29 million a year earlier.

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 1,223.67 Bn 1,049.69 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 243.73 Bn -163.01 Bn 20.95 Bn -
3 Honda Motor 126.52 Bn -7.78 Bn 8.46 Bn -1.53 Bn
4 General Motors 72.50 Bn -34.01 Bn 7.33 Bn -
5 Ferrari 68.83 Bn 61.27 Bn 1.18 Bn 252.82 Mn
6 Ford Motor 48.36 Bn -94.13 Bn 6.08 Bn -
7 Rivian Automotive 18.97 Bn -4.34 Bn 179.00 Mn 466.00 Mn
8 Magna International 18.29 Bn 15.51 Bn 1.61 Bn -
9 Stellantis 13.35 Bn -153.18 Bn 5.55 Bn 1.52 Bn
10 Li Auto 11.09 Bn -42.99 Bn 417.98 Mn -409.08 Mn
Historic Data

Historic Data

Download Data
DateValue
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 -300.14 Mn
Sep 30, 2022 -253.65 Mn
Jun 30, 2022 -228.67 Mn
Mar 31, 2022 -216.74 Mn
Dec 31, 2021 -193.01 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_KEY