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Li Auto Swings to Q2 Non-GAAP Loss as Revenue Falls

Li Auto Swings to Q2 Non-GAAP Loss as Revenue Falls

MT newswireMT newswire2026/08/26 09:02
05:02 AM EDT, 08/26/2026 (MT Newswires) -- Li Auto (LI) reported a Q2 non-GAAP loss Wednesday of 1.49 Chinese renminbi ($0.22) per diluted American depositary share, swinging from earnings of 1.37 renminbi a year earlier. Analysts polled by FactSet expected a loss of 0.49 renminbi. Revenue for the quarter ended June 30 was 25.67 billion renminbi, compared with 30.25 billion renminbi a year earlier. Analysts expected 26.26 billion renminbi. For Q3, the company expects revenue of 26.6 billion renminbi to 28 billion renminbi. Analysts expect 32.91 billion renminbi.
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