Market Newsdesk

BEIJING, China, Aug. 26, 2026 (GLOBE NEWSWIRE) — Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights

• Total revenues were RMB690.1 million (US$101.7 million), compared with RMB716.9 million in the same period of 2025.

• Gross margin was 57.0%, compared with 62.5% in the same period of 2025.

• Net loss was RMB37.4 million (US$5.5 million), compared with a net income of RMB72.5 million in the same period of 2025.

• Adjusted net loss (non-GAAP)
  
  <sup>[
  
  
  1]</sup>
  was RMB10.3 million (US$1.5 million), compared with an adjusted net income of RMB91.3 million in the same period of 2025.

• Average monthly subscribing members
  
  <sup>[
  
  
  2]</sup>
  were 13.1 million in the second quarter of 2026.

“During the second quarter, Zhihu’s authentic, professional, and trustworthy community remained resilient, with stable engagement depth among our core users and continued growth in high-quality content and professional creators,” said Mr. Yuan Zhou, chairman and chief executive officer of Zhihu. “AI is increasingly becoming a new medium connecting users with content, enabling Zhihu’s long-established content, IP and expert capabilities to extend into a broader range of use cases and commercial applications. Our new businesses remain at the commercial validation stage. We will allocate resources based on genuine market demand, customer value and investment returns, while working to stabilize our core businesses and prudently assessing the sustainability of new business opportunities.”

“During the second quarter, our total revenues increased by 5.9% quarter-over-quarter, while the year-over-year decline narrowed further,” said Mr. Han Wang, chief financial officer of Zhihu. “Notably, paid content and IP operations achieved year-over-year growth, and our expert data solutions initially validated the end-to-end process from understanding customer needs through delivery at scale. We will continue to balance investments in key businesses with operating efficiency and optimize our revenue mix. We will maintain our disciplined approach and continue to execute share repurchases to maximize long-term value for our shareholders.”

Second Quarter 2026 Financial Results

Total revenues were RMB690.1 million (US$101.7 million), compared with RMB716.9 million in the same period of 2025.

Marketing services revenue was RMB199.0 million (US$29.3 million), compared with RMB222.8 million in the same period of 2025. The decrease was primarily due to our proactive and ongoing refinement of service offerings.

Paid content and IP operations revenue

<sup>[


3


]</sup>
was RMB425.9 million (US$62.8 million), compared with RMB408.2 million in the same period of 2025. The increase was primarily due to the growth of revenues generated from our IP operations.

Other revenues

<sup>[


3


]


[4]</sup>
were RMB65.2 million (US$9.6 million), compared with RMB86.0 million in the same period of 2025. The decrease was primarily due to the strategic refinement of our vocational training business.

Cost of revenues was RMB296.7 million (US$43.7 million), compared with RMB268.7 million in the same period of 2025. The increase was primarily due to an increase in content-related costs.

Gross profit was RMB393.4 million (US$58.0 million), compared with RMB448.2 million in the same period of 2025. Gross margin was 57.0%, compared with 62.5% in the same period of 2025. The decrease in gross margin was primarily due to our continued efforts in broadening and enhancing content offerings for all of our users.

Total operating expenses decreased by 13.0% to RMB469.4 million (US$69.2 million) from RMB539.2 million in the same period of 2025.

Selling and marketing expenses decreased by 5.4% to RMB308.7 million (US$45.5 million) from RMB326.3 million in the same period of 2025. The decrease was primarily due to more disciplined marketing spending.

Research and development expenses decreased by 25.4% to RMB108.6 million (US$16.0 million) from RMB145.7 million in the same period of 2025. The decrease was primarily attributable to improvements in our research and development efficiency.

General and administrative expenses decreased by 22.7% to RMB52.0 million (US$7.7 million) from RMB67.3 million in the same period of 2025. The decrease was primarily attributable to a decrease in personnel-related expenses.

Loss from operations narrowed by 16.6% to RMB75.9 million (US$11.2 million) from RMB91.0 million in the same period of 2025.

Adjusted loss from operations
(non-GAAP)

<sup>[


1]</sup>
narrowed by 32.0% to RMB48.7 million (US$7.2 million) from RMB71.5 million in the same period of 2025.

Investment income was RMB16.4 million (US$2.4 million), compared with RMB140.8 million in the same period of 2025. The decrease was primarily attributable to unrealized gains as a result of re-measuring the fair value of our investment in a privately held company associated with an observable price change in the second quarter of 2025.

Net loss was RMB37.4 million (US$5.5 million), compared with a net income of RMB72.5 million in the same period of 2025.

Adjusted net loss (non-GAAP)

<sup>[


1]</sup>
was RMB10.3 million (US$1.5 million), compared with an adjusted net income of RMB91.3 million in the same period of 2025.

Diluted net loss per American depositary share (“ADS”) was RMB0.49 (US$0.07), compared with a diluted net income per ADS of RMB0.88 in the same period of 2025.

Cash and cash equivalents, term deposits, restricted cash and short-term investments

As of June 30, 2026, the Company had cash and cash equivalents, current and non-current term deposits, restricted cash and short-term investments of RMB4,423.8 million (US$652.0 million), compared with RMB4,451.2 million as of December 31, 2025.

Share Repurchase Programs

As of June 30, 2026, the Company had repurchased an aggregate of 41.3 million Class A ordinary shares (including Class A ordinary shares underlying the ADSs) for a total consideration of US$77.9 million on both the New York Stock Exchange and The Stock Exchange of Hong Kong Limited under the Company’s existing share repurchase programs. During the second quarter of 2026, the Company repurchased 6.5 million Class A ordinary shares for a total consideration of US$7.2 million.

^[1] Adjusted loss from operations and adjusted net income/(loss) are non-GAAP financial measures. For more information on the non-GAAP financial measures, please see the section “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release.

^[2] Monthly subscribing members refers to the number of members who subscribed for our membership packages in a specified month. Average monthly subscribing members for a period is calculated by dividing the sum of monthly subscribing members for each month during the specified period by the number of months in such period.

^[3] Starting from the first quarter of 2026, the Company reported revenues generated from paid membership and IP operations collectively as “paid content and IP operations revenue” to better present its business and results of operations in line with its overall strategy. Revenues generated from IP operations, which were formerly included in “other revenues,” consist primarily of copyrights licensing and content distribution. Revenues for the applicable comparison periods have been retrospectively reclassified.

^[
4
] Starting from the third quarter of 2025, the Company simplified its revenue stream by reclassifying vocational training into “others” to align with its overall strategy. Revenues for the applicable comparison periods have been retrospectively reclassified.

Conference Call

The Company’s management will host a conference call at 7:00 A.M. U.S. Eastern Time on Wednesday, August 26, 2026 (7:00 P.M. Beijing/Hong Kong Time on Wednesday, August 26, 2026) to discuss the results.

All participants wishing to join the conference call must pre-register online using the link provided below. Once the pre-registration has been completed, each participant will receive a set of dial-in numbers and a unique access PIN which can be used to join the conference call.

Registration Link:
https://register-conf.media-server.com/register/BI3c94fe2d0990465dab12836827011f11

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.zhihu.com.

About Zhihu Inc.

Zhihu Inc. (NYSE: ZH; HKEX: 2390) is a leading online content community where people come to find solutions, make decisions, seek inspiration, and have fun. Since the initial launch in 2010, Zhihu has grown into the largest Q&A-inspired online content community in China. For more information, please visit https://ir.zhihu.com. 

Use of Non-GAAP Financial Measures

In evaluating the business, the Company considers and uses non-GAAP financial measures, such as adjusted loss from operations and adjusted net income/(loss), to supplement the review and assessment of its operating performance. The Company defines non-GAAP financial measures by excluding the impact of share-based compensation expenses, amortization and impairment of intangible assets resulting from business acquisitions, impairment of goodwill and the tax effects of the non-GAAP adjustments, which are non-cash expenses. The Company believes that the non-GAAP financial measures facilitate comparisons of operating performance from period to period and company to company by adjusting for potential impacts of items, which the Company’s management considers to be indicative of its operating performance. The Company believes that the non-GAAP financial measures provide useful information to investors and others in understanding and evaluating the Company’s consolidated results of operations in the same manner as they help the Company’s management.

The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The presentation of the non-GAAP financial measures may not be comparable to similarly titled measures presented by other companies. The use of the non-GAAP financial measures has limitations as an analytical tool, and investors should not consider them in isolation from or as a substitute for analysis of our results of operations or financial condition as reported under U.S. GAAP. For more information on the non-GAAP financial measures, please see the tables captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release.

Exchange Rate Information

This announcement contains translations of certain Renminbi amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars were made at a rate of RMB6.7851 to US$1.00, the exchange rate in effect as of June 30, 2026 as set forth in the H.10 statistical release of the Federal Reserve Board.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

Zhihu Inc.
Email: [email protected]

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: [email protected]

ZHIHU INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (All amounts in thousands, except share, ADS, per share data and per ADS data)
	For the Three Months Ended												For the Six Months Ended
	June 30, 2025			March 31, 2026			June 30, 2026						June 30, 2025			June 30, 2026
	RMB			RMB			RMB			US$			RMB			RMB			US$
Revenues:
Marketing services	222,778			191,413			198,991			29,328			419,737			390,404			57,538
Paid content and IP operations	408,159			402,322			425,938			62,775			829,034			828,260			122,070
Others	85,957			57,831			65,192			9,608			197,788			123,023			18,131
Total revenues	716,894			651,566			690,121			101,711			1,446,559			1,341,687			197,739
Cost of revenues	(268,711	)		(263,235	)		(296,689	)		(43,727	)		(547,272	)		(559,924	)		(82,523	)
Gross profit	448,183			388,331			393,432			57,984			899,287			781,763			115,216
Selling and marketing expenses	(326,255	)		(285,146	)		(308,740	)		(45,503	)		(646,887	)		(593,886	)		(87,528	)
Research and development expenses	(145,683	)		(110,065	)		(108,615	)		(16,008	)		(287,549	)		(218,680	)		(32,229	)
General and administrative expenses	(67,251	)		(56,005	)		(51,995	)		(7,663	)		(108,460	)		(108,000	)		(15,917	)
Total operating expenses	(539,189	)		(451,216	)		(469,350	)		(69,174	)		(1,042,896	)		(920,566	)		(135,674	)
Loss from operations	(91,006	)		(62,885	)		(75,918	)		(11,190	)		(143,609	)		(138,803	)		(20,458	)
Other income/(expenses):
Investment income	140,836			28,594			16,390			2,416			160,185			44,984			6,630
Interest income	20,247			15,608			14,696			2,166			40,857			30,304			4,466
Exchange losses	(38	)		(90	)		(89	)		(13	)		(134	)		(179	)		(26	)
Others, net	31,120			11,856			4,164			614			33,519			16,020			2,361
Income/(Loss) before income tax	101,159			(6,917	)		(40,757	)		(6,007	)		90,818			(47,674	)		(7,027	)
Income tax (expenses)/benefits	(28,679	)		(1,610	)		3,366			496			(28,446	)		1,756			259
Net income/(loss)	72,480			(8,527	)		(37,391	)		(5,511	)		62,372			(45,918	)		(6,768	)
Net loss/(income) attributable to noncontrolling interests	2			23			(31	)		(5	)		16			(8	)		(1	)
Net income/(loss) attributable to Zhihu Inc.’s shareholders	72,482			(8,504	)		(37,422	)		(5,516	)		62,388			(45,926	)		(6,769	)
Net income/(loss) per share
Basic	0.30			(0.04	)		(0.16	)		(0.02	)		0.26			(0.20	)		(0.03	)
Diluted	0.29			(0.04	)		(0.16	)		(0.02	)		0.25			(0.20	)		(0.03	)
Net income/(loss) per ADS (One ADS represents three Class A ordinary shares)
Basic	0.90			(0.11	)		(0.49	)		(0.07	)		0.77			(0.60	)		(0.09	)
Diluted	0.88			(0.11	)		(0.49	)		(0.07	)		0.76			(0.60	)		(0.09	)
Weighted average number of ordinary shares outstanding
Basic	240,762,092			231,674,268			229,444,473			229,444,473			242,622,911			230,570,312			230,570,312
Diluted	245,755,672			231,674,268			229,444,473			229,444,473			247,329,829			230,570,312			230,570,312

ZHIHU INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (CONTINUED) (All amounts in thousands, except share, ADS, per share data and per ADS data)
	For the Three Months Ended												For the Six Months Ended
	June 30, 2025			March 31, 2026			June 30, 2026						June 30, 2025			June 30, 2026
	RMB			RMB			RMB			US$			RMB			RMB			US$
Share-based compensation expenses included in:
Cost of revenues	10			386			358			53			(862	)		744			110
Selling and marketing expenses	(294	)		(271	)		(297	)		(44	)		(32	)		(568	)		(84	)
Research and development expenses	(870	)		7,158			7,505			1,106			(1,469	)		14,663			2,161
General and administrative expenses	17,124			17,005			18,170			2,678			32,491			35,175			5,184

ZHIHU INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands)
	As of December 31, 2025		As of June 30, 2026
	RMB		RMB		US$
ASSETS
Current assets:
Cash and cash equivalents	3,369,154		2,917,986		430,058
Term deposits	30,000		372,436		54,890
Short-term investments	840,938		1,014,212		149,476
Restricted cash	1,078		9,155		1,349
Trade receivables	357,998		407,727		60,092
Amounts due from related parties	25,570		16,541		2,438
Prepayments and other current assets	107,265		111,293		16,403
Total current assets	4,732,003		4,849,350		714,706
Non-current assets:
Property and equipment, net	5,349		3,468		511
Intangible assets, net	29,588		26,232		3,866
Long-term investments, net	158,480		27,760		4,091
Term deposits	210,000		110,000		16,212
Right-of-use assets	42,063		27,365		4,033
Other non-current assets	13,391		9,363		1,380
Total non-current assets	458,871		204,188		30,093
Total assets	5,190,874		5,053,538		744,799
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities	681,307		702,167		103,487
Salary and welfare payables	188,038		115,254		16,986
Taxes payables	16,285		29,037		4,280
Contract liabilities	186,034		208,350		30,707
Amounts due to related parties	16,135		8,909		1,313
Short term lease liabilities	21,382		17,899		2,638
Short-term borrowings	35,000		104,058		15,336
Other current liabilities	124,233		112,904		16,640
Total current liabilities	1,268,414		1,298,578		191,387
Non-current liabilities:
Long term lease liabilities	15,592		5,214		768
Deferred tax liabilities	27,174		6,116		901
Other non-current liabilities	4,650		6,340		935
Total non-current liabilities	47,416		17,670		2,604
Total liabilities	1,315,830		1,316,248		193,991
Total Zhihu Inc.’s shareholders’ equity	3,804,136		3,663,427		539,922
Noncontrolling interests	70,908		73,863		10,886
Total shareholders’ equity	3,875,044		3,737,290		550,808
Total liabilities and shareholders’ equity	5,190,874		5,053,538		744,799

ZHIHU INC. UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (All amounts in thousands)
	For the Three Months Ended												For the Six Months Ended
	June 30, 2025			March 31, 2026			June 30, 2026						June 30, 2025			June 30, 2026
	RMB			RMB			RMB			US$			RMB			RMB			US$
Loss from operations	(91,006	)		(62,885	)		(75,918	)		(11,190	)		(143,609	)		(138,803	)		(20,458	)
Add:
Share-based compensation expenses	15,970			24,278			25,736			3,793			30,128			50,014			7,371
Amortization and impairment of intangible assets resulting from business acquisitions	3,490			1,510			1,510			223			6,980			3,020			445
Adjusted loss from operations	(71,546	)		(37,097	)		(48,672	)		(7,174	)		(106,501	)		(85,769	)		(12,642	)
Net income/(loss)	72,480			(8,527	)		(37,391	)		(5,511	)		62,372			(45,918	)		(6,768	)
Add:
Share-based compensation expenses	15,970			24,278			25,736			3,793			30,128			50,014			7,371
Amortization and impairment of intangible assets resulting from business acquisitions	3,490			1,510			1,510			223			6,980			3,020			445
Tax effects on non-GAAP adjustments	(600	)		(105	)		(105	)		(15	)		(1,200	)		(210	)		(31	)
Adjusted net income/(loss)	91,340			17,156			(10,250	)		(1,510	)		98,280			6,906			1,017

Quarterly total revenues reached RMB25.7 billion (US$3.8 billion)¹
Quarterly deliveries were 98,330 vehicles

BEIJING, China, Aug. 26, 2026 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2026.

Operating Highlights for the Second Quarter of 2026

• Total deliveries for the second quarter of 2026 were 98,330 vehicles, representing an 11.5% year-over-year decrease.

		2026 Q2		2026 Q1		2025 Q4		2025 Q3
Deliveries		98,330		95,142		109,194		93,211
		2025 Q2		2025 Q1		2024 Q4		2024 Q3
Deliveries		111,074		92,864		158,696		152,831

• As of June 30, 2026, in China, the Company had 495 retail stores in 160 cities, 536 servicing centers and Li Auto-authorized servicing shops operating in 220 cities, and 4,097 super charging stations in operation equipped with 22,593 charging stalls.

Financial Highlights for the Second Quarter of 2026

• Vehicle sales were RMB24.1 billion (US$3.5 billion) in the second quarter of 2026, representing a decrease of 16.7% from RMB28.9 billion in the second quarter of 2025 and an increase of 11.8% from RMB21.5 billion in the first quarter of 2026.

• Vehicle margin
  
  ²
  was 9.4% in the second quarter of 2026, compared with 19.4% in the second quarter of 2025 and 6.1% in the first quarter of 2026.

• Total revenues were RMB25.7 billion (US$3.8 billion) in the second quarter of 2026, representing a decrease of 15.1% from RMB30.2 billion in the second quarter of 2025 and an increase of 11.7% from RMB23.0 billion in the first quarter of 2026.

• Gross profit was RMB2.8 billion (US$418.0 million) in the second quarter of 2026, representing a decrease of 53.3% from RMB6.1 billion in the second quarter of 2025 and an increase of 56.9% from RMB1.8 billion in the first quarter of 2026.

• Gross margin was 11.0% in the second quarter of 2026, compared with 20.1% in the second quarter of 2025 and 7.9% in the first quarter of 2026.

• Operating expenses were RMB5.1 billion (US$757.1 million) in the second quarter of 2026, representing a decrease of 2.0% from RMB5.2 billion in the second quarter of 2025 and an increase of 6.9% from RMB4.8 billion in the first quarter of 2026.

• Loss from operations was RMB2.3 billion (US$339.1 million) in the second quarter of 2026, compared with RMB827.0 million income from operations in the second quarter of 2025 and RMB3.0 billion loss from operations in the first quarter of 2026.

• Operating margin was negative 9.0% in the second quarter of 2026, compared with 2.7% in the second quarter of 2025 and negative 13.0% in the first quarter of 2026.

• Net loss was RMB1.7 billion (US$251.3 million) in the second quarter of 2026, compared with RMB1.1 billion net income in the second quarter of 2025 and RMB2.3 billion net loss in the first quarter of 2026. Non-GAAP net loss³ was RMB1.5 billion (US$220.9 million) in the second quarter of 2026, compared with RMB1.5 billion non-GAAP net income in the second quarter of 2025 and RMB2.1 billion non-GAAP net loss in the first quarter of 2026.

• Diluted net loss per ADS
  
  ⁴
  
  attributable to ordinary shareholders was RMB1.69 (US$0.25) in the second quarter of 2026, compared with RMB1.03 diluted net earnings per ADS attributable to ordinary shareholders in the second quarter of 2025 and RMB2.26 diluted net loss per ADS attributable to ordinary shareholders in the first quarter of 2026. Non-GAAP diluted net loss per ADS attributable to ordinary shareholders was RMB1.49 (US$0.22) in the second quarter of 2026, compared with RMB1.37 non-GAAP diluted net earnings per ADS attributable to ordinary shareholders in the second quarter of 2025 and RMB2.09 non-GAAP diluted net loss per ADS attributable to ordinary shareholders in the first quarter of 2026.

• Net cash provided by operating activities was RMB15.0 million (US$2.2 million) in the second quarter of 2026, compared with RMB3.0 billion net cash used in operating activities in the second quarter of 2025 and RMB6.1 billion net cash used in operating activities in the first quarter of 2026.

• Free cash flow
  
  ⁵
  was negative RMB1.3 billion (US$191.7 million) in the second quarter of 2026, compared with negative RMB3.8 billion in the second quarter of 2025 and negative RMB7.4 billion in the first quarter of 2026.

Key Financial Results (in millions, except for percentages and per ADS data)
	For the Three Months Ended						% Change 6
	June 30, 2025		March 31, 2026		June 30, 2026		YoY		QoQ
	RMB		RMB		RMB
Vehicle sales	28,885.1		21,533.2		24,066.5		(16.7)%		11.8%
Vehicle margin	19.4%		6.1%		9.4%		(10.0)pts		3.3pts
Total revenues	30,245.6		22,982.9		25,666.9		(15.1)%		11.7%
Gross profit	6,067.0		1,808.0		2,836.1		(53.3)%		56.9%
Gross margin	20.1%		7.9%		11.0%		(9.1)pts		3.1pts
Operating expenses	(5,240.0)		(4,806.8)		(5,136.9)		(2.0)%		6.9%
Income/(Loss) from operations	827.0		(2,998.8)		(2,300.9)		N/A		(23.3)%
Operating margin	2.7%		(13.0)%		(9.0)%		(11.7)pts		4.0pts
Net income/(loss)	1,096.9		(2,276.0)		(1,705.3)		N/A		(25.1)%
Non-GAAP net income/(loss)	1,468.2		(2,108.0)		(1,498.5)		N/A		(28.9)%
Diluted net earnings/(loss) per ADS attributable to ordinary shareholders	1.03		(2.26)		(1.69)		N/A		(25.2)%
Non-GAAP diluted net earnings/(loss) per ADS attributable to ordinary shareholders	1.37		(2.09)		(1.49)		N/A		(28.7)%
Net cash (used in)/provided by operating activities	(3,036.2)		(6,091.0)		15.0		N/A		N/A
Free cash flow (non-GAAP)	(3,841.8)		(7,388.3)		(1,300.8)		(66.1)%		(82.4)%

Recent Developments

Delivery Update

• In July 2026, the Company delivered 30,468 vehicles. As of July 31, 2026, in China, the Company had 490 retail stores in 159 cities, 536 servicing centers and Li Auto-authorized servicing shops operating in 219 cities, and 4,141 super charging stations in operation equipped with 22,841 charging stalls.

Product Refresh

• In June 2026, the Company launched and commenced deliveries of its all-new Li L8. This model is available in two trims: Ultra and Livis. Both trims come standard with four zero-gravity seats, a 72.7 kWh 5C battery, Li Auto’s third-generation range extender, and the Qualcomm Snapdragon 8797 chip, alongside steer‑by‑wire and rear‑wheel steering. Li L8 Ultra features Li Auto’s third‑generation dual‑chamber, dual‑valve Magic Carpet Air Suspension and a proprietary MACH M100 chip, while Li L8 Livis features a proprietary 800V active suspension system, electro-mechanical brake, and dual MACH M100 chips. The Li L8 Ultra and Li L8 Livis are priced at RMB369,800 and RMB429,800, respectively.
• In July 2026, the Company launched and commenced deliveries of the new Li L6. The model features a new-generation all-aluminum suspension and dual-valve CDC for its chassis, the MACH M100 chip and fully upgraded perception hardware for its assisted driving system, and an EREV-dedicated 51 kWh LFP super charging battery. The new Li L6 is priced at RMB249,800.

Livis Day

• In June 2026, the Company hosted Livis Day, a launch event for software and embodied AI, systematically showcasing Li Auto’s new-generation cabin interaction experience alongside a series of proprietary breakthroughs. These included the language intelligence models MACH Mind-Pro and MACH Mind-Edge, the machine intelligence model MACH VLA, and the world’s first dynamic dataflow AI chip, the MACH M100.

US$1.0 Billion Share Repurchase Program

• Pursuant to its US$1.0 billion share repurchase program announced on March 24, 2026, the Company repurchased a total of 41,232,100 Class A ordinary shares at an aggregate consideration of HK$2.1 billion on the HKEX and a total of 9,487,026 ADSs (representing 18,974,052 Class A ordinary shares) at an aggregate consideration of US$150.9 million on the Nasdaq in the second quarter of 2026. As of the date of this press release, the Company has repurchased a total of approximately 91.7 million Class A ordinary shares (including approximately 23.7 million ADSs) for an aggregate consideration of approximately US$631.5 million.

CEO and CFO Comments

Mr. Xiang Li, chairman and chief executive officer of Li Auto, commented, “Amid intense market competition and a major model refresh cycle, Li Auto remained the best-selling domestic automotive brand in China’s RMB200,000-and-above NEV market in the first half of 2026. We have completed the upgrade of Li L series and are now refreshing our BEV lineup. Notably, the new Li L6 generated robust order flow, and we are confident that it will carry on the success of the Li i6 and reinforce our leading position in the RMB200,000-to-300,000 SUV market. Our enhanced product portfolio positions us well for growth. Backed by our unwavering user-centric product philosophy and leading in-house technologies, we will continue to pursue product excellence, expand our global footprint, and forge a sustainable path toward long-term value creation.”

Mr. Tie Li, chief financial officer of Li Auto, added, “In the second quarter of 2026, our gross margin improved sequentially to 11.0%, benefiting from the launch of the all-new Li L9. We anticipate further margin expansion for the second half of the year as our product mix optimizes, with a higher sales contribution from the Livis trim and the launch of refreshed BEV models and Li i9. Coupled with a sustained focus on operational efficiency, we expect our bottom-line to improve gradually. Balancing growth and profitability through disciplined capital allocation, we will steadfastly execute our core strategies in product innovation, technological advancement, and global expansion to secure our future competitiveness.”

Financial Results for the Second Quarter of 2026

Revenues

• Total revenues were RMB25.7 billion (US$3.8 billion) in the second quarter of 2026, representing a decrease of 15.1% from RMB30.2 billion in the second quarter of 2025 and an increase of 11.7% from RMB23.0 billion in the first quarter of 2026.

• Vehicle sales were RMB24.1 billion (US$3.5 billion) in the second quarter of 2026, representing a decrease of 16.7% from RMB28.9 billion in the second quarter of 2025 and an increase of 11.8% from RMB21.5 billion in the first quarter of 2026. The decrease in revenue from vehicle sales over the second quarter of 2025 was primarily due to the decrease in vehicle deliveries and a lower average selling price due to a different product mix. The increase in revenue from vehicle sales over the first quarter of 2026 was primarily attributable to a higher average selling price due to a different product mix and the increase in vehicle deliveries.

• Other sales and services were RMB1.6 billion (US$235.9 million) in the second quarter of 2026, representing an increase of 17.6% from RMB1.4 billion in the second quarter of 2025 and an increase of 10.4% from RMB1.4 billion in the first quarter of 2026. The increase in revenue from other sales and services over the second quarter of 2025 and the first quarter of 2026 was mainly due to increased provision of services and sales of accessories, which is in line with higher accumulated vehicle sales.

Cost of Sales and Gross Margin

• Cost of sales was RMB22.8 billion (US$3.4 billion) in the second quarter of 2026, representing a decrease of 5.6% from RMB24.2 billion in the second quarter of 2025 and an increase of 7.8% from RMB21.2 billion in the first quarter of 2026. The decrease in cost of sales over the second quarter of 2025 was primarily due to the decrease in vehicle deliveries. The increase in cost of sales over the first quarter of 2026 was primarily attributable to a higher average cost of sales due to a different product mix and the increase in vehicle deliveries.

• Gross profit was RMB2.8 billion (US$418.0 million) in the second quarter of 2026, representing a decrease of 53.3% from RMB6.1 billion in the second quarter of 2025 and an increase of 56.9% from RMB1.8 billion in the first quarter of 2026.

• Vehicle margin was 9.4% in the second quarter of 2026, compared with 19.4% in the second quarter of 2025 and 6.1% in the first quarter of 2026. The change in vehicle margin over the second quarter of 2025 and the first quarter of 2026 was mainly attributable to a different product mix.

• Gross margin was 11.0% in the second quarter of 2026, compared with 20.1% in the second quarter of 2025 and 7.9% in the first quarter of 2026. The change in gross margin over the second quarter of 2025 and the first quarter of 2026 was mainly due to the change in vehicle margin.

Operating Expenses

• Operating expenses were RMB5.1 billion (US$757.1 million) in the second quarter of 2026, representing a decrease of 2.0% from RMB5.2 billion in the second quarter of 2025 and an increase of 6.9% from RMB4.8 billion in the first quarter of 2026.

• Research and development expenses were RMB2.8 billion (US$409.1 million) in the second quarter of 2026, representing a decrease of 1.2% from RMB2.8 billion in the second quarter of 2025 and an increase of 2.0% from RMB2.7 billion in the first quarter of 2026. Research and development expenses remained relatively stable compared with the second quarter of 2025 and the first quarter of 2026.

• Selling, general and administrative expenses were RMB2.3 billion (US$335.7 million) in the second quarter of 2026, representing a decrease of 16.2% from RMB2.7 billion in the second quarter of 2025 and an increase of 11.2% from RMB2.0 billion in the first quarter of 2026. The decrease in selling, general and administrative expenses over the second quarter of 2025 was primarily due to decreased employee compensation. The increase in selling, general and administrative expenses over the first quarter of 2026 was primarily due to increased expenses related to marketing and promotional activities.

Income/(Loss) from Operations

• Loss from operations was RMB2.3 billion (US$339.1 million) in the second quarter of 2026, compared with RMB827.0 million income from operations in the second quarter of 2025 and RMB3.0 billion loss from operations in the first quarter of 2026. Operating margin was negative 9.0% in the second quarter of 2026, compared with 2.7% in the second quarter of 2025 and negative 13.0% in the first quarter of 2026. Non-GAAP loss from operations was RMB2.1 billion (US$308.6 million) in the second quarter of 2026, compared with RMB1.2 billion non-GAAP income from operations in the second quarter of 2025 and RMB2.8 billion non-GAAP loss from operations in the first quarter of 2026.

Net Income/(Loss) and Net Earnings/(Loss) Per Share

• Net loss was RMB1.7 billion (US$251.3 million) in the second quarter of 2026, compared with RMB1.1 billion net income in the second quarter of 2025 and RMB2.3 billion net loss in the first quarter of 2026. Non-GAAP net loss was RMB1.5 billion (US$220.9 million) in the second quarter of 2026, compared with RMB1.5 billion non-GAAP net income in the second quarter of 2025 and RMB2.1 billion non-GAAP net loss in the first quarter of 2026.

• Basic and diluted net loss per ADS attributable to ordinary shareholders were both RMB1.69 (US$0.25) in the second quarter of 2026, compared with RMB1.09 and RMB1.03 basic and diluted net earnings per ADS attributable to ordinary shareholders in the second quarter of 2025, respectively, and RMB2.26 basic and diluted net loss per ADS attributable to ordinary shareholders in the first quarter of 2026. Non-GAAP basic and diluted net loss per ADS attributable to ordinary shareholders were both RMB1.49 (US$0.22) in the second quarter of 2026, compared with RMB1.46 and RMB1.37 non-GAAP basic and diluted net earnings per ADS attributable to ordinary shareholders in the second quarter of 2025, respectively, and RMB2.09 non-GAAP basic and diluted net loss per ADS attributable to ordinary shareholders in the first quarter of 2026.

Cash Position, Operating Cash Flow and Free Cash Flow

• Cash position
  
  ⁷
  was RMB87.5 billion (US$12.9 billion) as of June 30, 2026.

• Net cash provided by operating activities was RMB15.0 million (US$2.2 million) in the second quarter of 2026, compared with RMB3.0 billion net cash used in operating activities in the second quarter of 2025 and RMB6.1 billion net cash used in operating activities in the first quarter of 2026. The change in net cash provided by operating activities over the second quarter of 2025 and the first quarter of 2026 was mainly due to the timing differences between cash received from customers and payments for inventory purchases.

• Free cash flow was negative RMB1.3 billion (US$191.7 million) in the second quarter of 2026, compared with negative RMB3.8 billion in the second quarter of 2025 and negative RMB7.4 billion in the first quarter of 2026.

Business Outlook

For the third quarter of 2026, the Company expects:

• Deliveries of vehicles to be between 95,000 and 100,000 vehicles, representing a year-over-year increase of 1.9% to 7.3%.

• Total revenues to be between RMB26.6 billion (US$3.9 billion) and RMB28.0 billion (US$4.1 billion), representing a year–over-year change of -2.8% to +2.3%.

This business outlook reflects the Company’s current and preliminary views on its business situation and market conditions, which are subject to change.

Conference Call

Management will hold a conference call at 8:00 a.m. U.S. Eastern Time on Wednesday, August 26, 2026 (8:00 p.m. Beijing/Hong Kong Time on August 26, 2026) to discuss financial results and answer questions from investors and analysts.

For participants who wish to join the call, please complete online registration using the link provided below prior to the scheduled call start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, passcode, and a unique access PIN. To join the conference, please dial the number provided, enter the passcode followed by your PIN, and you will join the conference instantly.

Participant Online Registration: https://s1.c-conf.com/diamondpass/10056444-vrf1u8.html

A replay of the conference call will be accessible through September 2, 2026, by dialing the following numbers:

United States:	+1-855-883-1031
Chinese Mainland:	+86-400-1209-216
Hong Kong, China:	+852-800-930-639
International:	+61-7-3107-6325
Replay PIN:	10056444

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.lixiang.com.

Non-GAAP Financial Measures

The Company uses non-GAAP financial measures, such as non-GAAP cost of sales, non-GAAP research and development expenses, non-GAAP selling, general and administrative expenses, non-GAAP income/(loss) from operations, non-GAAP net income/(loss), non-GAAP net income/(loss) attributable to ordinary shareholders, non-GAAP basic and diluted net earnings/(loss) per ADS attributable to ordinary shareholders, non-GAAP basic and diluted net earnings/(loss) per share attributable to ordinary shareholders and free cash flow, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company’s past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for financial information prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.

The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.

For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this press release.

Exchange Rate Information

This press release contains translations of certain Renminbi amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars and from U.S. dollars to Renminbi are made at a rate of RMB6.7851 to US$1.00, the exchange rate on June 30, 2026, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred to could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Be Proactive, Change the World. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. It offers high-tech flagship family MPVs, Li L series extended-range electric SUVs, and Li i series battery electric SUVs. The Company will continue to expand its product lineup to target a broader user base.

For more information, please visit: https://ir.lixiang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “HKEX”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles and high-power charging battery electric vehicles; Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: [email protected]

Christensen Advisory
Tel: +86-10-5900-1548
Email: [email protected]

Li Auto Inc. Unaudited Condensed Consolidated Statements of Comprehensive Income/(Loss) (All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)
	For the Three Months Ended
	June 30, 2025		March 31, 2026		June 30, 2026		June 30, 2026
	RMB		RMB		RMB		US$
Revenues:
Vehicle sales	28,885,133		21,533,182		24,066,488		3,546,961
Other sales and services	1,360,480		1,449,729		1,600,402		235,870
Total revenues	30,245,613		22,982,911		25,666,890		3,782,831
Cost of sales:
Vehicle sales	(23,273,292)		(20,225,885)		(21,795,419)		(3,212,247)
Other sales and services	(905,352)		(948,981)		(1,035,416)		(152,601)
Total cost of sales	(24,178,644)		(21,174,866)		(22,830,835)		(3,364,848)
Gross profit	6,066,969		1,808,045		2,836,055		417,983
Operating expenses:
Research and development expenses	(2,810,170)		(2,722,159)		(2,775,633)		(409,078)
Selling, general and administrative expenses	(2,717,761)		(2,049,203)		(2,278,044)		(335,742)
Other operating income/(expense), net	287,980		(35,473)		(83,228)		(12,266)
Total operating expenses	(5,239,951)		(4,806,835)		(5,136,905)		(757,086)
Income/(Loss) from operations	827,018		(2,998,790)		(2,300,850)		(339,103)
Other (expense)/income:
Interest expense	(49,776)		(40,658)		(116,248)		(17,133)
Interest income and investment income, net	496,454		394,020		455,033		67,064
Others, net	15,288		44,248		13,199		1,946
Income/(Loss) before income tax	1,288,984		(2,601,180)		(1,948,866)		(287,226)
Income tax (expense)/benefit	(192,048)		325,148		243,609		35,904
Net income/(loss)	1,096,936		(2,276,032)		(1,705,257)		(251,322)
Less: Net income/(loss) attributable to noncontrolling interests	4,365		13,499		(1,076)		(159)
Net income/(loss) attributable to ordinary shareholders of Li Auto Inc.	1,092,571		(2,289,531)		(1,704,181)		(251,163)
Net income/(loss)	1,096,936		(2,276,032)		(1,705,257)		(251,322)
Other comprehensive loss, net of tax
Foreign currency translation adjustment, net of nil tax	(173,612)		(161,404)		(273,671)		(40,334)
Total other comprehensive loss, net of tax	(173,612)		(161,404)		(273,671)		(40,334)
Total comprehensive income/(loss)	923,324		(2,437,436)		(1,978,928)		(291,656)
Less: Comprehensive income/(loss) attributable to noncontrolling interests	4,365		13,499		(1,076)		(159)
Comprehensive income/(loss) attributable to ordinary shareholders of Li Auto Inc.	918,959		(2,450,935)		(1,977,852)		(291,497)
Weighted average number of ADSs
Basic	1,005,986,033		1,013,814,503		1,007,098,886		1,007,098,886
Diluted	1,071,261,046		1,013,814,503		1,007,098,886		1,007,098,886
Net earnings/(loss) per ADS attributable to ordinary shareholders
Basic	1.09		(2.26)		(1.69)		(0.25)
Diluted	1.03		(2.26)		(1.69)		(0.25)
Weighted average number of ordinary shares
Basic	2,011,972,066		2,027,629,006		2,014,197,771		2,014,197,771
Diluted	2,142,522,091		2,027,629,006		2,014,197,771		2,014,197,771
Net earnings/(loss) per share attributable to ordinary shareholders
Basic	0.54		(1.13)		(0.85)		(0.12)
Diluted	0.51		(1.13)		(0.85)		(0.12)

Li Auto Inc. Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands)
			As of
	December 31, 2025		June 30, 2026		June 30, 2026
	RMB		RMB		US$
ASSETS
Current assets:
Cash and cash equivalents	56,691,765		40,117,782		5,912,629
Restricted cash	216,314		14,782		2,179
Time deposits and short-term investments	44,331,407		45,474,274		6,702,079
Trade receivable	119,823		206,592		30,448
Inventories	8,752,439		8,333,701		1,228,236
Prepayments and other current assets	5,174,246		4,322,856		637,110
Total current assets	115,285,994		98,469,987		14,512,681
Non-current assets:
Long-term investments	848,672		2,976,994		438,755
Property, plant and equipment, net	22,774,938		22,893,313		3,374,057
Operating lease right-of-use assets, net	9,099,313		7,890,346		1,162,893
Intangible assets, net	1,191,974		1,165,561		171,782
Goodwill	5,484		5,484		808
Deferred tax assets	3,334,206		3,755,111		553,435
Other non-current assets	1,755,237		3,522,804		519,197
Total non-current assets	39,009,824		42,209,613		6,220,927
Total assets	154,295,818		140,679,600		20,733,608
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings	6,217,745		286,205		42,181
Trade and notes payable	40,579,219		38,756,080		5,711,939
Amounts due to related parties	26,644		452,813		66,736
Deferred revenue, current	1,621,429		1,208,610		178,127
Operating lease liabilities, current	1,690,356		1,572,211		231,715
Accruals and other current liabilities	13,412,260		12,201,637		1,798,301
Total current liabilities	63,547,653		54,477,556		8,028,999
Non-current liabilities:
Long-term borrowings	3,299,203		6,863,999		1,011,628
Deferred revenue, non-current	624,734		666,287		98,199
Operating lease liabilities, non-current	6,258,957		5,620,164		828,310
Finance lease liabilities, non-current	348,506		349,322		51,484
Deferred tax liabilities	691,652		548,423		80,828
Other non-current liabilities	6,385,370		6,192,234		912,622
Total non-current liabilities	17,608,422		20,240,429		2,983,071
Total liabilities	81,156,075		74,717,985		11,012,070
Total Li Auto Inc. shareholders’ equity	72,619,255		65,428,704		9,642,997
Noncontrolling interests	520,488		532,911		78,541
Total shareholders’ equity	73,139,743		65,961,615		9,721,538
Total liabilities and shareholders’ equity	154,295,818		140,679,600		20,733,608

Li Auto Inc. Unaudited Condensed Consolidated Statements of Cash Flows (All amounts in thousands)
	For the Three Months Ended
	June 30, 2025		March 31, 2026		June 30, 2026		June 30, 2026
	RMB		RMB		RMB		US$
Net cash (used in)/provided by operating activities	(3,036,219)		(6,090,994)		15,025		2,214
Net cash (used in)/provided by investing activities	(226,724)		(8,181,439)		2,919,510		430,283
Net cash (used in)/provided by financing activities	(70,037)		337,303		(5,487,924)		(808,820)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(108,393)		(102,382)		(184,614)		(27,209)
Net change in cash, cash equivalents and restricted cash	(3,441,373)		(14,037,512)		(2,738,003)		(403,532)
Cash, cash equivalents and restricted cash at beginning of period	53,238,339		56,908,079		42,870,567		6,318,340
Cash, cash equivalents and restricted cash at end of period	49,796,966		42,870,567		40,132,564		5,914,808
Net cash (used in)/provided by operating activities	(3,036,219)		(6,090,994)		15,025		2,214
Capital expenditures	(805,544)		(1,297,326)		(1,315,790)		(193,923)
Free cash flow (non-GAAP)	(3,841,763)		(7,388,320)		(1,300,765)		(191,709)

Li Auto Inc. Unaudited Reconciliation of U.S. GAAP and Non-GAAP Results (All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)
	For the Three Months Ended
	June 30, 2025		March 31, 2026		June 30, 2026		June 30, 2026
	RMB		RMB		RMB		US$
Cost of sales	(24,178,644)		(21,174,866)		(22,830,835)		(3,364,848)
Share-based compensation expenses	8,135		8,730		8,039		1,185
Non-GAAP cost of sales	(24,170,509)		(21,166,136)		(22,822,796)		(3,363,663)
Research and development expenses	(2,810,170)		(2,722,159)		(2,775,633)		(409,078)
Share-based compensation expenses	236,668		128,160		126,933		18,708
Non-GAAP research and development expenses	(2,573,502)		(2,593,999)		(2,648,700)		(390,370)
Selling, general and administrative expenses	(2,717,761)		(2,049,203)		(2,278,044)		(335,742)
Share-based compensation expenses	126,413		31,156		71,759		10,576
Non-GAAP selling, general and administrative expenses	(2,591,348)		(2,018,047)		(2,206,285)		(325,166)
Income/(Loss) from operations	827,018		(2,998,790)		(2,300,850)		(339,103)
Share-based compensation expenses	371,216		168,046		206,731		30,469
Non-GAAP income/(loss) from operations	1,198,234		(2,830,744)		(2,094,119)		(308,634)
Net income/(loss)	1,096,936		(2,276,032)		(1,705,257)		(251,322)
Share-based compensation expenses	371,216		168,046		206,731		30,469
Non-GAAP net income/(loss) 8	1,468,152		(2,107,986)		(1,498,526)		(220,853)
Net income/(loss) attributable to ordinary shareholders of Li Auto Inc.	1,092,571		(2,289,531)		(1,704,181)		(251,163)
Share-based compensation expenses	371,216		168,046		206,731		30,469
Non-GAAP net income/(loss) attributable to ordinary shareholders of Li Auto Inc.	1,463,787		(2,121,485)		(1,497,450)		(220,694)
Weighted average number of ADSs
Basic	1,005,986,033		1,013,814,503		1,007,098,886		1,007,098,886
Diluted	1,071,261,046		1,013,814,503		1,007,098,886		1,007,098,886
Non-GAAP net earnings/(loss) per ADS attributable to ordinary shareholders
Basic	1.46		(2.09)		(1.49)		(0.22)
Diluted	1.37		(2.09)		(1.49)		(0.22)
Weighted average number of ordinary shares
Basic	2,011,972,066		2,027,629,006		2,014,197,771		2,014,197,771
Diluted	2,142,522,091		2,027,629,006		2,014,197,771		2,014,197,771
Non-GAAP net earnings/(loss) per share attributable to ordinary shareholders
Basic	0.73		(1.05)		(0.74)		(0.11)
Diluted	0.69		(1.05)		(0.74)		(0.11)

______________________________
¹   All translations from Renminbi (“RMB”) to U.S. dollars (“US$”) are made at a rate of RMB6.7851 to US$1.00, the exchange rate on June 30, 2026 as set forth in the H.10 statistical release of the Federal Reserve Board.

²   Vehicle margin is the margin of vehicle sales, which is calculated based on revenues and cost of sales derived from vehicle sales only.

³   The Company’s non-GAAP financial measures exclude share-based compensation expenses. See “Unaudited Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this press release.

⁴   Each ADS represents two Class A ordinary shares.

⁵   Free cash flow represents operating cash flow less capital expenditures, which is considered a non-GAAP financial measure.

⁶   Except for vehicle margin, gross margin, and operating margin, where absolute changes instead of percentage changes are presented.

⁷   Cash position includes cash and cash equivalents, restricted cash, time deposits and short-term investments, and long-term time deposits and financial instruments included in long-term investments.

⁸   Non-GAAP items have no tax impact for all the periods presented.

MALVERN, Pa., Aug. 26, 2026 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today announced that the company will showcase its latest semiconductor and passive technologies at PCIM Asia 2026. In Hall 16, Booth C12, visitors are invited to explore Vishay’s products and reference designs tailored to the rapidly evolving demands of AI infrastructure and physical AI applications.

At PCIM Asia, Vishay will highlight reference designs and products spanning the complete AI power architecture, from grid-level power infrastructure to board-level system power delivery. Featured exhibits will include solid-state transformers (SST), AC/DC power supply units (PSUs), high voltage DC (HVDC), DC/DC power conversion, battery backup units (BBUs), capacitor backup units (CBUs), hot-swap systems, software-defined vehicles (SDV), and humanoid robot motor control. Additional highlights will include automotive power modules for next-generation vehicle platforms.

For AI grid infrastructure, an SST reference design will feature components for input, DC blocking, output, and voltage balancing stages, including compact metallized polypropylene DC-Link film capacitors rated at 11 µF and 1800 V; high reliability power electronic capacitors up to 310 µF and 2000 V; four-terminal snap-in aluminum electrolytic capacitors with high ripple current and long life; non-inductive power resistors with working voltages up to 5000 V; and SiC MOSFET power modules in the EMIPAK 2B package. AC/DC PSU solutions will comprise Gen 5 E series MOSFETs for PFC and LLC stages; TrenchFET^® Gen V power MOSFETs for synchronous rectification and OR-ing applications; low profile rectifiers; low forward voltage bridge rectifiers; glass passivated rectifiers with high forward surge capability; SiC Schottky diodes optimized for high speed hard switching for clamp protection; and Power Metal Strip^® resistors for high power, low resistance current sensing. HVDC power conversion exhibits will highlight solutions for PFC, bootstrap, filtering, and precharge functions. Featured products will include Gen 4 SiC Schottky diodes with virtually no recovery tail, low switching losses, and a guaranteed minimum creepage distance of 3.2 mm; DC-Link film capacitors operating up to +125 °C with high ripple current capability and high humidity robustness; and PTC thermistors for inrush current limiting with energy absorption up to 300 J.

Board-level power conversion exhibits will consist of low profile PowerPAK^® SO-8DC MOSFET solutions that deliver high temperature operation up to +175 °C and combine low on-resistance with low gate and output charge for efficient switching, together with thick film chip resistors for gate-drive applications offering excellent pulse-load capability, enhanced power ratings, and double-sided printed resistor elements. BBU and CBU exhibits will feature edge-wound inductors with current capability up to 260 A and 350 V_DC coil to core isolation; IHDV power inductors rated up to 150 A with 1500 V_DC coil to core isolation; IHLP^® power inductors with current ratings up to 100 A; and output filter capacitors. Hot-swap systems will showcase power resistors for precharge and discharge applications rated up to 150 W with pulse absorption up to 75 J/0.1 s.

SDV exhibits will focus on POL converter, protection, and current sensing. Featured products will include AEC-Q100 qualified, integrated smart power stages with continuous current up to 50 A and peak current up to 80 A in the thermally enhanced PowerPAK MLP 5 x 6 package; polymer tantalum capacitors qualified to AEC-Q200 with ultra low ESR and 85 °C / 85 % RH rated voltage capability; Automotive Grade TVS devices with 7 kW surge protection and a flat clamping voltage; Ethernet ESD protection diodes compliant with OPEN Alliance specifications; 4-terminal current sense resistors with extremely low resistance values; and thermally enhanced MOSFETs for reverse protection. Humanoid robot motor control exhibits will demonstrate switching, gate-drive circuitry, and current sensing using MOSFETs in PowerPAK SO-8 and TOLL packages, 4-terminal shunt resistors with high power to 8 W, and an Automotive Grade inductor with a 200 V operating voltage rating. Automotive power module exhibits for EV / HEV charging stations and 48 V micromobility systems will feature SiC MOSFET / Si MOSFET power modules combining high blocking voltage, low on-resistance, high speed switching, and low capacitance, as well as half-bridge inverter modules integrating current and temperature sensing with an electrically isolated, exposed DBC substrate.

Addition reference designs being featured at PCIM Asia 2026 will include:

• Active discharge circuits with wirewound safety resistors and MOSFET drivers for 400 V / 800 V DC-Link capacitors
• An intelligent battery shunt built on WSBE Power Metal Strip^® resistors, with low TCR and a CAN FD interface for 400 V / 800 V systems
• A 48 V, 100 A resettable eFuse with adjustable current limiting and DC-Link capacitor pre-charge
• A single-stage, single-phase 480 µH EMI filter featuring a common mode choke and replaceable X and Y capacitors
• An active backup solution for 3.3 V systems featuring EDLC capacitors with charging and discharging currents up to 2.5 A

PCIM Asia 2026 will take place Aug. 26-28 at the Shenzhen World Exhibition and Convention Center in Shenzhen, China. More information on the event is available at https://pcimasia-shenzhen.cn.messefrankfurt.com/shenzhen/en.html.

# # #

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.^® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech
^® is a registered trademark of Vishay Intertechnology, Inc. Power Metal Strip and IHLP are registered trademarks of Vishay Intertechnology, Inc. PowerPAK and TrenchFET are registered trademarks of Siliconix incorporated.

Vishay on Facebook:
http://www.facebook.com/VishayIntertechnology

Vishay Twitter feed:
http://twitter.com/vishayindust

Link to The DNA of tech
^®
image:

https://www.flickr.com/photos/vishay/50342588442/sizes/l/

For more information please contact:

Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

NEW YORK and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in EquipmentShare.com Inc. (“EquipmentShare” or the “Company”) (NasdaqGS: EQPT) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors who purchased or otherwise acquired EquipmentShare.com, Inc.: (a) Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s January, 2026, initial public offering (“IPO” or the “Offering”), and/or (b) EquipmentShare securities between January 23, 2026 and June 23, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nasdaqgs-eqpt/

EquipmentShare investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-eqpt/ to learn more.

>>>

CLICK HERE

for more information

CASE DETAILS: According to the Complaint, EquipmentShare and certain of its executives are charged with failing to disclose material information in connection with its Registration Statement in support of its IPO and/or during the Class Period, violating federal securities laws.

The alleged false and misleading statements and/or omissions include, but are not limited to, that: (i) the Company participated in additional undisclosed related party transactions; (ii) the Company had not terminated or substantially reduce a number of the transactions with entities owned or controlled by the co-founders; (iii) as a result, the Company’s financial statements were materially misleading; and (iv) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis

The case is Parra v. Equipmentshare.Com Inc., et al., No. 26-cv-06288.

WHAT TO DO? If you invested in EquipmentShare and suffered a loss during the relevant time frame, you have until September 21, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9bc37f12-5196-4d23-99e2-253a9d0b5e14

NEW YORK and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until September 22, 2026 to file lead plaintiff applications in a securities class action lawsuit against PROCEPT BioRobotics Corporation (“Procept” or the “Company”) (NasdaqGM: PRCT), if they purchased the Company’s shares between February 28, 2024 and February 25, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.

What You May Do

If you purchased shares of Procept and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-prct/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 22, 2026.

>>>

CLICK HERE

for more information

About the Lawsuit

Procept and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On February 25, 2026, the Company announced earnings results for its fourth fiscal quarter and year ending December 31, 2025, disclosing that, contrary to prior assurances that U.S. handpiece sales were largely commensurate with procedures, handpiece sales had in fact materially exceeded procedures in every quarter since the first fiscal quarter of 2023, a differential which had consistently grown over time, ultimately resulting in cumulative excess field inventory of more than 10,000 units. Due to this inventory glut, the Company revealed that quarterly handpiece unit sales in the U.S. had declined significantly from 13,225 units in the third quarter to 9,400 units, representing a sequential decline of nearly 30%, resulting in the Company widely missing its annual revenue guidance by tens of millions of dollars.

On this news, the price of Procept shares fell from $27.84 per share on February 25, 2026 to $22.69 per share on February 27, 2026, a decline of more than 18% over a two-day trading period, on above-average trading volume.

The case is Operating Engineers Construction Industry and Miscellaneous Pension Fund v. PROCEPT BioRobotics Corporation, No. 26-cv-07691.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

NEW YORK CITY and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Wix.com Ltd. (“Wix” or the “Company”) (NasdaqGS: WIX) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors who purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nasdaqgs-wix/

Wix investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-wix/ to learn more.

>>>

CLICK HERE

for more information

CASE DETAILS: According to the Complaint, Wix and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

The alleged false and misleading statements and/or omissions include, but are not limited to, that: (i) the Company had overstated the competitiveness and performance of its AI product offerings relative to those offered by other companies; (ii) the Company had understated the costs associated with developing and promoting its AI product offerings; (iii) accordingly, Defendants overstated the commercial and financial benefits of Wix’s AI product offerings; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The case is Yappi v. Wix.com Ltd., et al., No. 26-cv-08852.

WHAT TO DO? If you invested in Wix and suffered a loss during the relevant time frame, you have until September 22, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/97159546-7866-43de-a427-0926b57d90a2

NEW YORK and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until October 13, 2026 to file lead plaintiff applications in a securities class action lawsuit against Simply Good Foods Company (“Simply Good” or the “Company”) (NasdaqCM: SMPL), if they purchased or otherwise acquired the Company’s shares between October 24, 2024 and April 8, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased shares of Simply Good as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqcm-smpl/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 13, 2026.

>>>

CLICK HERE

for more information

About the Lawsuit

Simply Good and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On October 23, 2025, the Company announced its Q4 and YE August 30, 2025 financial results, disclosing that its OWYN (Only What You Need, Inc.) segment, acquired in 2024 for $280 million, had suffered a slowdown in sales growth due to a previously undisclosed product quality issue, specifically, that “a raw material sourcing decision for pea protein,” which predated the close of the OWYN acquisition but was implemented shortly thereafter, had “resulted in taste and texture issues” as the products aged, leading to negative product ratings and reviews and depressed sales for OWYN. The Company also disclosed disappointing 2026 net sales guidance in the range of negative 2% to positive 2%, a decline in the rate of growth of at least 75% from the 9% net sales growth it had reported for fiscal 2025. On this news, the price of Simply Good shares fell more than 17%.

Then, on April 9, 2026, the Company announced its Q2 2026 earnings results, disclosing that OWYN’s quarterly sales had contracted by nearly 17% year-over-year, as well as a $187 million impairment charge against its OWYN brand intangible assets and reduction of 2026 net sales outlook to a range of negative 7% to negative 10%. On this news, the price of Simply Good shares fell more than 27% over a two-day trading period.

The case is Monroe County Employees’ Retirement System v. The Simply Good Foods Company, No. 26-cv-06971.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

NEW YORK and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until October 13, 2026 to file lead plaintiff applications in a securities class action lawsuit against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB), if they purchased or otherwise acquired the Company’s securities between July 17, 2023 and May 26, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased securities of HDFC as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-hdb/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 13, 2026.

>>>

CLICK HERE

for more information

About the Lawsuit

HDFC and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On May 27, 2026, pre-market, The Indian Express reported that HDFC Bank had disguised crores of rupees as marketing expenditures in order to pay above-market interest rates to a state-owned enterprise. According to the article, the Company secretly funneled roughly Rs 45 crore (about $4.7 million) to the Maharashtra State Road Development Corporation (“MSRDC”) to encourage MSRDC to place substantial deposits with the bank. HDFC Bank offered MSRDC a 6.01% interest rate — 2.51 percentage points above what it paid other depositors — and covered that premium by characterizing the payments as sponsorship of an MSRDC road safety awareness initiative. The article further reported that an internal investigation conducted in March and April 2026 found more than ten senior officials responsible for the scheme, including CEO Sashidhar Jagdishan.

On this news, the price of HDFC shares fell $1.02, or 4.1%, to close at $23.78 per share on May 27, 2026, on unusually heavy trading volume.

The case is Soneji v. HDFC Bank Limited, Case No. 26-cv-06943.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC 
Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

NEW YORK and NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have untilSeptember 21, 2026 to file lead plaintiff applications in a securities class action lawsuit against Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NasdaqGS: CCOI), if they purchased the Company’s shares between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Columbia.

What You May Do

If you purchased shares of Cogent as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-ccoi/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 21, 2026.

>>>

CLICK HERE

for more information

About the Lawsuit

Cogent and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the most of the purported orders in the Company’s optical wavelength “backlog” were unlikely to ever result in a paid order; (ii) many of the “backlog” customers were unable or unwilling to accept delivery even if timely provision was possible; (iii) as a result of (i)-(ii) above, the Company had materially misrepresented demand for its optical wavelength services and the nature of its “backlog” of wavelength orders; (iv) as a result of (i)-(iii) above, the Company was not on track to achieve its revenue and margin targets and such targets lacked a reasonable basis in objective fact; (v) the Company did not have the financial capacity or business fundamentals to maintain its long-standing dividend policy; and (vi) there was a material, undisclosed risk that Cogent Founder, CEO and Chairman, David Schaeffer, would be forced to sell vast quantities of Cogent stock as a result of his high-risk pledging activities, thereby further depressing the price of the Company’s stock in the event the truth regarding its “backlog,” demand issues, and financial position were ever revealed.

The case is City of Southfield Fire and Police Retirement System v. Cogent Communications Holdings, Inc., No. 26-cv-02609.

>>>To Learn More, Click

HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click

HERE

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/541ae3cc-7097-486e-ae74-a533da812638