Li Auto annual r&d spending
2020
2021
2022
2023
2024
2025
Li Auto R&D Spending Growth & History (LI)
Li Auto's r&d spending was $1.62B for fiscal 2025.
View full Li Auto company overviewLi Auto annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.62B | $101.2M | +6.68% |
| 2024 | 2024-12-31 | $1.52B | $25.7M | +1.73% |
| 2023 | 2023-12-31 | $1.49B | $508.0M | +51.68% |
| 2022 | 2022-12-31 | $983.0M | $467.3M | +90.61% |
| 2021 | 2021-12-31 | $515.7M | $347.1M | +205.95% |
| 2020 | 2020-12-31 | $168.6M | — | — |
Li Auto r&d spending trends
Over the last five fiscal years, Li Auto's r&d spending increased from $168.6M to $1.62B, a change of $1.45B.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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