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Li Auto to report Q3 results on November 25 after deliveries near upper end of guidance

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Li Auto to report Q3 results on November 25 after deliveries near upper end of guidance

Li Auto (NASDAQ: LI) will report its unaudited financial results for the third quarter of 2026 before US markets open on Wednesday, November 25, after quarterly deliveries came in near the upper end of its guidance.

The Chinese electric vehicle maker said in an announcement on Tuesday that management will hold an earnings call on the day of the release.

The call is scheduled for 8:00 pm Beijing Time, or 7:00 am US Eastern Time. A live webcast and replay will be available on the company's investor relations website.

Li Auto delivered 99,964 vehicles in the third quarter, up 7.24% year-on-year and 1.66% from the second quarter, according to data compiled by CnEVPost.

That result was near the upper end of the company's guidance of 95,000 to 100,000 deliveries. Li Auto had forecast third-quarter revenue of 26.6 billion yuan ($3.96 billion) to 28.0 billion yuan.

Whether profitability can improve further will be a focus of the earnings release. Li Auto posted a second-quarter net loss of 1.7 billion yuan, narrowing from 2.3 billion yuan in the first quarter.

Second-quarter revenue fell 15.1% year-on-year to 25.7 billion yuan. Overall gross margin stood at 11.0% and vehicle margin at 9.4%, both improving from the first quarter.

Deutsche Bank analyst Wang Bin's team forecast in a research note earlier today that Li Auto's third-quarter revenue would reach 27.0 billion yuan, up about 5% from the previous quarter.

7% in the third quarter and the net loss to narrow to 300 million yuan, better than the consensus estimate of a 942 million yuan net loss cited in its report.


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