Market Flux
Open the Terminal

Unusual Volume

Li Auto Posts Second Straight Quarterly Loss as Revenue Drops 15% Year-Over-Year, Stock Hits 52-Week Low

By Market Flux··1 min read

Li Auto Inc. $LI

$12.14-1.06%as of publication

5D Change
-7.40%
Volume
37
vs Average
18.5×
Market Cap
$12.60B

Li Auto reported Q2 2026 revenue of 25.7 billion yuan, down sharply from 30.25 billion yuan in the same period a year earlier, as subdued demand and an intensely competitive Chinese EV market weighed on results. Sources are split on whether the figure beat or missed the consensus estimate of roughly 26.64 billion yuan. The company posted a second consecutive quarterly net loss, with vehicle margins also declining year-over-year.

Shares fell to a 52-week low on the news. Li Auto's EPS missed consensus by approximately 0.02 yuan. In response, Tiger Securities cut its price target on weak margins, and Bernstein SocGen trimmed its target citing competition concerns.

For Q3 2026, management guided for deliveries of 95,000 to 100,000 vehicles, which analysts received as a soft outlook. The company outlined plans to expand its battery-electric vehicle lineup with the MEGA and i9 launches and said it would continue investing in proprietary technology while pushing into overseas markets.

© AI-generated summary is provided by Market Flux

Sources

  1. WallstengineToday's Key Events (All EST) — 08/26/2026 07:00: US MBA Mortgage Applications 08:30: US Durable Goods Orders 08:30: US PCE Price Index 08:30: US Prelim GDP q/q 11:45: Fed's Barkin 13:00: US 5-Year Note Auction Before Open 04:00: UP Fintech Holding $TIGR 04:30: $LI Auto 06:00: Super Hi $HDL 06:00: Donaldson Company $DCI 06:45: Movado Group $MOV 06:50: Bath & Body Works $BBWI 06:50: JinkoSolar Holding Co. $JKS 07:00: Kohl's $KSS 07:00: Dycom Industries $DY 07:00: The J.M. Smucker $SJM 07:00: Photronics $PLAB 07:30: Abercrombie & Fitch $ANF 09:00: Williams-Sonoma $WSM After Hours 16:00: Salesforce $CRM 16:00: $OKTA 16:00: Nutanix $NTNX 16:05: CrowdStrike Holdings $CRWD 16:05: Synopsys $SNPS 16:05: Veeva Systems $VEEV 16:05: Agilent Technologies $A 16:05: Everpure $P 16:05: Urban Outfitters $URBN 16:05: Lantronix $LTRX 16:15: $HPQ 16:15: $OOMA 16:20: NVIDIA $NVDA 16:30: Phibro Animal Health $PAHC AMC: Standard Nuclear $STDN Follow @wallstengine for detailed earnings highlights from many of these companies throughout the day
  2. Sino_MarketLi Auto $LI reported Q2 2026 revenue of 25.7 bln yuan, below consensus 26.64 bln yuan and down from 30.25 bln yuan a year earlier. ( )
  3. Seeking AlphaLi Auto beats top-line estimates; gives Q3 outlook
  4. MarketsdayU.S. Equity #Earnings Calendar: Week of August 24, 2026 Wednesday, August 26, 2026 #Before Market Open (BMO) Agilent Technologies $A – Consensus EPS estimate of $1.49. Li Auto $LI – Consensus EPS estimate of $0.18. J.M. Smucker $SJM – Consensus EPS estimate of $2.15. #After Market Close (AMC) Nvidia $NVDA – Consensus EPS estimate of $2.09. Salesforce $CRM – Consensus EPS estimate of $2.35. CrowdStrike $CRWD – Consensus EPS estimate of $0.98. Synopsys $SNPS – Consensus EPS estimate of $3.28. Okta $OKTA – Consensus EPS estimate of $0.61. HP Inc. $HPQ – Consensus EPS estimate of $0.86. Veeva Systems $VEEV – Consensus EPS estimate of $1.53. Nutanix $NTNX – Consensus EPS estimate of $0.27.
  5. WsjChina’s Li Auto Posts Another Loss on Subdued Demand
  6. wsj.comChina's Li Auto Posts Another Loss on Subdued Demand
  7. InvestingEarnings call transcript: Li Auto misses Q2 2026 estimates as margins shrink
  8. Yahoo FinanceLi Auto Q2 Earnings Call Highlights
Show 3 more
  1. marketbeat.comLi Auto Q2 Earnings Call Highlights
  2. youtube.comChinese EVs Competition Ramps on the Road: TSLA & Waymo Take the Wheel
  3. seekingalpha.comLi Auto Inc. (LI) Q2 2026 Earnings Call Transcript