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

Li Auto has reported Research & Development for 7 years, with the latest figure at -$409.1 million in Q2 2026.

• On a quarterly basis, Research & Development fell 4.28% year-over-year to -$409.1 million in Q2 2026; TTM through Jun 2026 was -$1.7 billion, a 15.0% decrease from a year earlier, with the FY2025 full-year figure at -$1.6 billion, down 6.68% from the prior year.
• Research & Development was -$409.1 million for Q2 2026 at Li Auto, down from -$394.6 million in the prior quarter.
• The five-year high for Research & Development was -$216.7 million in Q1 2022, with the low at -$491.7 million in Q4 2023.
• Average Research & Development over 5 years is -$356.1 million, with a median of -$377.4 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Research & Development slumped 176.0% in 2022, then jumped 32.9% in 2024.
• Over 5 years, Research & Development stood at -$300.1 million in 2022, then slumped by 63.83% to -$491.7 million in 2023, then surged by 32.9% to -$329.9 million in 2024, then plunged by 30.74% to -$431.4 million in 2025, then rose by 5.17% to -$409.1 million in 2026.
• The last three Research & Development figures came in at -$409.1 million (Q2 2026), -$394.6 million (Q1 2026), and -$431.4 million (Q4 2025), per Business Quant data.