XPeng Inc. (XPEV) income statement
NYSE · Consumer Cyclical · Auto - Manufacturers · 20,632 employees · CEO Xiaopeng He
- Price
- $9.04 -1.58%
- Market cap
- $8.59B
- Enterprise value
- CN¥79.9B
- Last report
- Q2 '26 filed 2026-09-28
- Next report
- 2026-11-16
XPeng Inc. (XPEV) reported revenue of CN¥19.7B for Q2 '26 (+7.7% year on year), operating income of -CN¥1.32B (-6.7% of revenue) and net income of -CN¥1.33B. Over the last four quarters revenue was CN¥75B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥8.53B | CN¥13.1B | CN¥6.55B | CN¥8.11B | CN¥10.1B | CN¥16.1B | CN¥15.8B | CN¥18.3B | CN¥20.4B | CN¥21.9B | CN¥13B | CN¥19.7B | |
| Cost of revenue | CN¥8.76B | CN¥12.2B | CN¥5.7B | CN¥6.98B | CN¥8.56B | CN¥13.8B | CN¥13.4B | CN¥15.1B | CN¥16.3B | CN¥17.3B | CN¥10.3B | CN¥15.6B | |
| Gross profit | -CN¥228M | CN¥809M | CN¥844M | CN¥1.14B | CN¥1.54B | CN¥2.32B | CN¥2.46B | CN¥3.17B | CN¥4.1B | CN¥4.68B | CN¥2.67B | CN¥4.07B | |
| Research & development | CN¥1.31B | CN¥1.31B | CN¥1.35B | CN¥1.47B | CN¥1.63B | CN¥2.01B | CN¥1.98B | CN¥2.21B | CN¥2.43B | CN¥2.83B | CN¥2.89B | CN¥2.91B | |
| Other operating expenses | -CN¥65.2M | -CN¥382M | -CN¥249M | -CN¥296M | CN¥122M | -CN¥401M | -CN¥426M | -CN¥271M | -CN¥66.5M | CN¥0 | CN¥0 | CN¥6.79 | |
| Operating expenses | CN¥2.93B | CN¥2.86B | CN¥2.49B | CN¥2.74B | CN¥3.39B | CN¥3.88B | CN¥3.5B | CN¥4.1B | CN¥4.86B | CN¥5.59B | CN¥4.76B | CN¥5.4B | |
| Operating income | -CN¥3.16B | -CN¥2.05B | -CN¥1.65B | -CN¥1.61B | -CN¥1.85B | -CN¥1.56B | -CN¥1.04B | -CN¥935M | -CN¥751M | -CN¥912M | -CN¥2.1B | -CN¥1.32B | |
| Interest income | CN¥314M | CN¥343M | CN¥399M | CN¥357M | CN¥318M | CN¥301M | CN¥291M | CN¥308M | CN¥301M | CN¥259M | CN¥256M | CN¥216M | |
| Interest expense | CN¥65.8M | CN¥73.2M | CN¥85.1M | CN¥81.4M | CN¥83.5M | CN¥94M | CN¥129M | CN¥75.2M | CN¥99.4M | CN¥75.4M | CN¥164M | CN¥124M | |
| Other non-operating income (gains on investments, FX ...) | CN¥656M | -CN¥793M | -CN¥370M | -CN¥345M | -CN¥155M | -CN¥300M | -CN¥522M | -CN¥479M | -CN¥457M | -CN¥1.39B | -CN¥495M | CN¥0 | |
| Total non-operating income | -CN¥725M | CN¥727M | CN¥279M | CN¥291M | CN¥46.4M | CN¥182M | CN¥385M | CN¥447M | CN¥363M | CN¥1.31B | CN¥331M | CN¥64.5M | |
| Income before tax | -CN¥3.89B | -CN¥1.33B | -CN¥1.37B | -CN¥1.32B | -CN¥1.8B | -CN¥1.37B | -CN¥656M | -CN¥487M | -CN¥388M | CN¥400M | -CN¥1.76B | -CN¥1.26B | |
| Income tax | CN¥682K | CN¥21.8M | CN¥1.06M | -CN¥33.8M | CN¥7.03M | -CN¥44.1M | CN¥7.99M | -CN¥9.42M | -CN¥7.11M | CN¥21.8M | CN¥9.2M | CN¥74.1M | |
| Net income | -CN¥3.89B | -CN¥1.35B | -CN¥1.37B | -CN¥1.28B | -CN¥1.81B | -CN¥1.33B | -CN¥664M | -CN¥478M | -CN¥381M | CN¥378M | -CN¥1.77B | -CN¥1.33B | |
| EPS (basic) | -CN¥4.50 | -CN¥1.44 | -CN¥1.44 | -CN¥1.36 | -CN¥1.90 | -CN¥1.41 | -CN¥0.70 | -CN¥0.51 | -CN¥0.40 | CN¥0.80 | -CN¥3.72 | -CN¥2.86 | |
| EPS (diluted) | -CN¥4.50 | -CN¥1.44 | -CN¥1.44 | -CN¥1.36 | -CN¥1.90 | -CN¥1.41 | -CN¥0.70 | -CN¥0.50 | -CN¥0.40 | CN¥0.78 | -CN¥3.72 | -CN¥2.86 | |
| Shares (basic, weighted) | 865M | 934M | 943M | 944M | 944M | 946M | 946M | 946M | 953M | 477M | 478M | 478M | |
| Shares (diluted, weighted) | 865M | 934M | 943M | 944M | 944M | 946M | 946M | 946M | 953M | 484M | 478M | 478M | |
| EBITDA | -CN¥3.82B | -CN¥1.26B | -CN¥1.28B | -CN¥1.26B | -CN¥1.69B | -CN¥1.26B | -CN¥520M | -CN¥456M | -CN¥294M | CN¥475M | -CN¥1.6B | -CN¥1.32B |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥9.71M | CN¥2.32B | CN¥5.84B | CN¥21B | CN¥26.9B | CN¥30.7B | CN¥40.9B | CN¥76.7B | |
| Cost of revenue | CN¥12.1M | CN¥2.88B | CN¥5.58B | CN¥18.4B | CN¥23.8B | CN¥30.2B | CN¥35B | CN¥62.2B | |
| Gross profit | -CN¥2.36M | -CN¥558M | CN¥266M | CN¥2.62B | CN¥3.09B | CN¥451M | CN¥5.85B | CN¥14.5B | |
| Research & development | CN¥1.05B | CN¥2.07B | CN¥1.73B | CN¥4.11B | CN¥5.21B | CN¥5.28B | CN¥6.46B | CN¥9.49B | |
| Sales & marketing | CN¥317M | CN¥669M | CN¥1.74B | CN¥4.28B | CN¥5.03B | CN¥5.01B | CN¥5.53B | CN¥0 | |
| General & administrative | CN¥325M | CN¥496M | CN¥1.18B | CN¥1.03B | CN¥1.66B | CN¥1.55B | CN¥1.34B | CN¥0 | |
| Other operating expenses | -CN¥1.49M | -CN¥12.3M | -CN¥86.8M | -CN¥218M | -CN¥109M | -CN¥495M | -CN¥823M | -CN¥1.76B | |
| Operating expenses | CN¥1.69B | CN¥3.22B | CN¥4.56B | CN¥9.2B | CN¥11.8B | CN¥11.3B | CN¥12.5B | CN¥17.1B | |
| Operating income | -CN¥1.69B | -CN¥3.78B | -CN¥4.29B | -CN¥6.58B | -CN¥8.71B | -CN¥10.9B | -CN¥6.66B | -CN¥2.65B | |
| Interest income | CN¥65.4M | CN¥88.8M | CN¥133M | CN¥743M | CN¥1.06B | CN¥1.26B | CN¥1.37B | CN¥1.16B | |
| Interest expense | CN¥5.82M | CN¥32M | CN¥22.5M | CN¥55.3M | CN¥132M | CN¥269M | CN¥344M | CN¥380M | |
| Other non-operating income (gains on investments, FX ...) | -CN¥302M | -CN¥121M | -CN¥1.59B | -CN¥1.8B | CN¥281M | -CN¥764M | -CN¥1.17B | -CN¥1.88B | |
| Total non-operating income | CN¥296M | CN¥88.9M | CN¥1.56B | CN¥1.74B | -CN¥409M | CN¥550M | CN¥798M | CN¥1.53B | |
| Income before tax | -CN¥1.4B | -CN¥3.69B | -CN¥2.73B | -CN¥4.84B | -CN¥9.11B | -CN¥10.3B | -CN¥5.86B | -CN¥1.13B | |
| Income tax | CN¥0 | CN¥1K | CN¥1.22M | CN¥26M | CN¥24.7M | CN¥36.8M | -CN¥69.8M | CN¥13.6M | |
| Net income | -CN¥1.4B | -CN¥3.69B | -CN¥2.73B | -CN¥4.86B | -CN¥9.14B | -CN¥10.4B | -CN¥5.79B | -CN¥1.14B | |
| EPS (basic) | -CN¥3.12 | -CN¥6.16 | -CN¥6.42 | -CN¥5.92 | -CN¥10.68 | -CN¥11.92 | -CN¥6.12 | -CN¥2.40 | |
| EPS (diluted) | -CN¥3.12 | -CN¥6.16 | -CN¥6.42 | -CN¥5.92 | -CN¥10.68 | -CN¥11.92 | -CN¥6.12 | -CN¥2.40 | |
| Shares (basic, weighted) | 855M | 855M | 855M | 821M | 856M | 870M | 946M | 476M | |
| Shares (diluted, weighted) | 855M | 855M | 855M | 821M | 856M | 870M | 946M | 476M | |
| Depreciation & amortization | CN¥95.6M | CN¥227M | CN¥438M | CN¥838M | CN¥1.41B | CN¥2.11B | CN¥2.57B | CN¥2.99B | |
| EBITDA | -CN¥1.3B | -CN¥3.43B | -CN¥2.27B | -CN¥3.94B | -CN¥7.58B | -CN¥8.02B | -CN¥2.91B | CN¥2.21B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02 · Amounts in CNY as reported; price and market cap in USD.