China’s Wackiest Electric Minivan Is Getting Another Update

Li Auto reported a Q2 2026 net loss of 1.70bn yuan ($251.3m), down from a profit a year earlier, due to lower demand and deliveries. Revenue fell 15.1% YoY but rose 11.7% QoQ. Vehicle sales dropped 16.7% YoY but increased 11.8% QoQ. The company expects Q3 deliveries of 95,000-100,000 vehicles and revenue of 26.6bn-28bn yuan.

Li Auto reported Q2 revenue of 25.7B yuan, down 15.1% YoY, with vehicle deliveries down 11.5% YoY. Gross profit fell 53.3% YoY to 2.8B yuan, and net loss was 1.7B yuan. CEO Li Xiang aims to transform the company, focusing on R&D and technical barriers, while addressing cost pressures from semiconductor prices and model transitions.

Li Auto Inc (LI) reported a Q2 2026 net loss of RMB1.7B, down from a RMB1.1B profit YoY, due to cost pressures and model refreshes. Vehicle margin fell to 9.4% from 19.4%. CEO Xiang Li outlined plans to address costs and highlighted new models like the Li MEGA and i9 BEV SUV. Free cash flow remained negative at RMB1.3B, with full-year positivity depending on Q4 deliveries.

Li Auto reported Q2 earnings, highlighting cost pressures from raw materials and components. The company aims for a 15-20% gross margin long-term. It repurchased 91.7 million shares for $631.5 million. New models and charging network expansions were announced. Li Auto forecasted Q3 deliveries of 95,000-100,000 vehicles and revenue of RMB26.6-28 billion. The company plans international expansions and technology updates.

Li Auto (LI) stock fell 1.0% in pre-market trading after reporting Q2 2026 results. Revenue of RMB25.67B beat estimates, but EPS loss of RMB1.49 missed forecasts. Q3 guidance of RMB26.6B-RMB28B is below consensus. Vehicle margins contracted to 9.4% from 19.4% YoY, and deliveries fell 11.5% YoY. The stock is near its 52-week low, down 45% over the past year.

Li Auto reported Q2 2026 revenues of RMB25.7 billion (US$3.8 billion), with deliveries down 11.5% YoY to 98,330 vehicles. Vehicle sales decreased 16.7% YoY but rose 11.8% QoQ. Gross margin was 11.0%, down from 20.1% YoY. The company launched new models and repurchased shares under a $1 billion program.