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Li Auto Inc. (LI) Q4 2025 Earnings Call Transcript

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⚡ Quantum Brief
Li Auto reported Q4 2025 earnings on March 12, 2026, with CEO Xiang Li and CFO Tie Li leading the call, highlighting record deliveries and revenue growth. The company emphasized expanded production capacity, citing new manufacturing plants and supply chain optimizations to meet rising demand for its extended-range electric vehicles. CTO Yan Xie outlined advancements in autonomous driving tech, including Level 4 testing progress and plans for over-the-air software updates in 2026. Financial results showed improved margins, with guidance suggesting continued profitability despite macroeconomic pressures in China’s EV market. Analysts questioned global expansion plans, battery tech innovations, and regulatory risks, with executives stressing R&D investments and cost-control measures.
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Li Auto Inc. (LI) Q4 2025 Earnings Call Transcript

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SA Transcripts158.94K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Li Auto Inc. (LI) Q4 2025 Earnings Call March 12, 2026 8:00 AM EDT Company Participants Janet Chang - Director of Investor RelationsXiang Li - Founder, Executive Chairman & CEOTie Li - CFO & Executive DirectorYan Xie - Senior VP & CTO Conference Call Participants Tim Hsiao - Morgan Stanley, Research DivisionPaul Gong - UBS Investment Bank, Research DivisionJing Chang - China International Capital Corporation Limited, Research DivisionFeixiang Gao - Citic Securities Co., Ltd., Research DivisionTina Hou - Goldman Sachs Group, Inc., Research Division Presentation Operator Hello, ladies and gentlemen. Thank you for standing by for Li Auto's Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded. I will now turn the call over to your host, Ms. Janet Chang, Investor Relations Director of Li Auto. Please go ahead, Janet. Janet ChangDirector of Investor Relations Thank you, operator. Good evening, and good morning, everyone. Welcome to Li Auto's Fourth Quarter and Full Year 2025 Earnings Conference Call. The company's financial and operating results were published in our press release earlier today and are posted on the company's IR website. On today's call, we will have our Chairman and CEO, Mr. Xiang Li; and our CFO, Mr.

Johnny Tie Li, to begin with prepared remarks. Our President, Mr. Donghui Ma; and our CTO, Mr. Yan Xie, will join for the Q&A discussion. Before we continue, please be reminded that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S.

Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's actual results may be materially different from the views expressed today. Further information regarding risks and uncertainties is included in certain company filings with the U.S. Securities and Exchange Commission and the Stock Exchange of

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