XPeng (XPEV) Financial Statements & Analysis

XPeng (XPEV) Income Statement

XPeng reported revenue of CNY 76.72B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 87.7% from CNY 40.87B a year earlier. XPeng posted a net loss of CNY 1.14B, compared with a net loss of CNY 5.79B a year earlier. Gross margin was 18.9% and operating margin -3.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 19.74B, up 8.0% from the same quarter a year earlier.

XPeng Income Statement Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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XPeng Inc. income statement - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	76.72	40.87	30.68	26.86	20.99	5.84	2.32	0.01
Cost of Revenue	62.14	35.02	30.22	23.74	18.37	5.52	2.88	0.01
Gross Profit	14.47	5.85	0.45	3.09	2.62	0.33	-0.56	0.00
Operating Expenses
Research & Development	9.49	6.46	5.28	5.21	4.11	1.73	2.07	1.05
Selling, General & Administrative	9.40	6.87	6.56	6.69	5.31	2.92	1.16	0.64
Operating Expenses	17.24	12.50	11.37	11.90	9.20	4.56	3.22	1.69
Operating Income	-2.77	-6.66	-10.92	-8.71	-6.58	-4.23	-3.78	-1.69
Other Income/Expense
Interest Income	1.16	1.37	1.26	1.06	0.74	0.13	0.09	0.07
Interest Expense	0.38	0.34	0.27	-0.13	0.06	-0.02	0.03	0.01
Other Income/Expense	1.61	0.80	-0.47	1.16	1.74	1.37	0.09	0.30
Income
Income Before Tax	-1.13	-5.86	-10.39	-9.11	-4.84	-2.73	-3.69	-1.40
Income Tax Expense	0.01	-0.07	0.04	0.02	0.03	0.00	0.00	0.00
Net Income	-1.14	-5.79	-10.38	-9.14	-4.86	-2.73	-3.69	-1.40
Net Income - Continuous Operations	-1.14	-5.79	-10.38	-9.14	-4.86	-2.73	-3.69	-1.40
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-0.27	-2.91	-8.02	-7.64	-3.94	-3.90	-3.43	-1.30
EBIT	-2.54	-6.75	-10.13	-8.67	-6.68	-4.23	-	-
Depreciation & Amortization	2.99	2.57	2.11	1.03	0.84	0.33	0.23	0.10
Earnings Per Share
Basic EPS	-1.00	-6.00	-12.00	-11.00	-6.00	-13.00	-6.00	-3.00
Diluted EPS	-1.00	-6.00	-12.00	-11.00	-6.00	-13.00	-6.00	-3.00
Basic Shares Outstanding	0.95	0.95	0.87	0.86	0.82	0.38	0.86	0.86
Diluted Shares Outstanding	0.95	0.95	0.87	0.86	0.82	0.38	0.86	0.86

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About XPeng Financial Statements

What was XPeng's revenue in fiscal 2025?

XPeng reported revenue of CNY 76.72B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 87.7% from CNY 40.87B a year earlier.

Is XPeng profitable?

No. XPeng reported a net loss of CNY 1.14B in fiscal 2025. In fiscal 2024 it lost CNY 5.79B.

What is XPeng's operating margin?

XPeng's operating income was −CNY 2.77B on revenue of CNY 76.72B in fiscal 2025, an operating margin of -3.6%, compared with -16.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition