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Li Auto Unveils Q1 Financial Performance: Revenue Declines 11.4% Year-on-Year to RMB 23 Billion, Incurring a Net Loss of RMB 2.3 Billion
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Author：小编
On May 28, Li Auto disclosed its unaudited financial outcomes for the inaugural quarter of 2026. Throughout this quarter, Li Auto's aggregate revenue stood at RMB 23 billion, reflecting an 11.4% downturn compared to the same period last year and a 20.1% dip from the preceding quarter. Regarding profitability, the enterprise registered a net loss of RMB 2.3 billion for the first quarter. This contrasts sharply with the net profit of RMB 646.6 million achieved in the first quarter of 2025 and the net profit of RMB 20.2 million posted in the fourth quarter of the previous year, indicating a transition from profitability to a loss in this quarter.
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