Li Auto Inc. · LI · Next earnings

Li Auto Inc. reports Wednesday, Nov 25, 2026

LI reports before market open with consensus EPS at $-0.11 and revenue at $4.05B. Last quarter: Li Auto pairs a full model refresh with Q3 delivery guidance

Reports Before market open65 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $-0.11 Calendar consensus
Consensus revenue $4.05B Calendar consensus
Report date Nov 25, 2026 Wednesday, date estimated
Session Before market open 65 days away

Where LI left off: FY2026 Q2

Full report

Li Auto pairs a full model refresh with Q3 delivery guidance

EPS surprise -2400.0% Reported $-0.25 vs $-0.01
Revenue surprise -2.3% Reported $3.78B vs $3.86B
Stock move -1.1% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained its forward outlook and provided Q3 guidance of 95,000–100,000 vehicle deliveries and RMB 26.6–28.0 billion in revenue.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Commodity-cost inflation could pressure gross margin.
  • Model-refresh and inventory-clearing effects may create short-term operating headwinds.
  • Overseas expansion faces geopolitical and regulatory uncertainty.
  • Reception for the refreshed L-Series and new BEV models remains important to the outlook.

Questions analysts left open

  • Whether the refreshed L-Series can improve sales momentum.
  • Demand for the Li MEGA and pricing and specifications for the Li i9.
  • Commodity-cost pressure on batteries, memory chips, and other semiconductors.
  • Progress in autonomous-driving algorithm upgrades and overseas execution.

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Recent LI quarters

All LI earnings
-1.1%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.