Li Auto Inc. Q2 2026 Earnings Recap

2015.HK Q2 2026 August 28, 2026

Get alerts when 2015.HK reports next quarter

Li Auto’s shares inched up 1.9% following Q2 results that showed modest sequential recovery but continued year-over-year revenue declines; the market appeared to weigh cautious signs in sales and pricing pressure despite ongoing product refresh and technology upgrades.

Earnings Per Share Miss

$-0.87 vs $-0.41 est.

-113.0% surprise

Revenue Miss

29914000000 vs 30547650000 est.

-2.1% surprise

Market Reaction

Post-Earnings +1.93%

Aug 28 to Sep 4 -0.33%

See 2015.HK alongside your other holdings

Add to your portfolio — free

Key Takeaways

Q2 total revenues declined 15.1% year-over-year to RMB 25.7 billion, reflecting reduced vehicle deliveries and a lower average selling price.
Vehicle sales contributed RMB 24.1 billion, down 16.7% year-over-year but up 11.8% quarter-over-quarter, indicating some sequential improvement.
The company maintained a 50/50 split in sales mix between extended-range electric vehicles (EREV) and battery electric vehicles (BEV), positioning for future growth in both segments.
Recent technology upgrades include the rollout of proprietary MACH M100 chips and 5C supercharging battery systems, supporting enhanced user experience and ADAS capabilities.
New model launches are planned for H2 2026, including the Li MEGA and flagship Li i9 BEV SUV, aiming to bolster competitiveness and market share in the premium NEV segment.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit 2015.HK on AllInvestView.