XPeng Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	76,720	40,866	30,676	26,855	20,988
Revenue Growth (YoY)	87.73%	33.22%	14.23%	27.95%	259.12%
Cost of Revenue	62,247	35,021	30,225	23,767	18,366
Gross Profit	14,473	5,846	451.16	3,088	2,623
Selling, General & Admin	9,398	6,871	6,559	6,688	5,305
Research & Development	9,490	6,457	5,277	5,215	4,114
Other Operating Expenses	1,644	823.47	494.93	-	-
Total Operating Expenses	20,533	14,151	12,330	11,903	9,420
Operating Income	-2,771	-6,658	-10,889	-8,706	-6,579
Interest Income	1,163	1,375	1,260	1,059	743.03
Interest Expense	-379.93	-343.98	-268.67	-132.19	-55.34
Other Non-Operating Income (Expense)	831.32	-203.38	-495.77	229.91	958.76
Total Non-Operating Income (Expense)	1,615	827.16	495.73	1,156	1,646
Pretax Income	-1,157	-5,831	-10,394	-7,549	-4,933
Provision for Income Taxes	-	-	-	24.73	25.99
Net Income	-1,139	-5,790	-10,376	-9,139	-4,863
Minority Interest in Earnings	30.93	-29.07	54.74	4.12	-
Net Income to Common	-1,139	-5,790	-10,376	-9,139	-4,863
Shares Outstanding (Basic)	952	946	870	856	821
Shares Outstanding (Diluted)	952	946	870	856	821
Shares Change (YoY)	0.67%	8.64%	1.66%	4.24%	117.81%
EPS (Basic)	-1.20	-6.12	-11.92	-10.68	-5.92
EPS (Diluted)	-1.20	-6.12	-11.92	-10.68	-5.92
Shares Outstanding	954.35	949.06	1,884	1,720	850.44
Free Cash Flow	5,103	-4,238	-1,140	-12,508	-3,394
Free Cash Flow Per Share	5.36	-4.48	-1.31	-14.61	-4.13
Gross Margin	18.86%	14.30%	1.47%	11.50%	12.50%
Operating Margin	-3.61%	-16.29%	-35.50%	-32.42%	-31.35%
Profit Margin	-1.49%	-14.17%	-33.82%	-34.03%	-23.17%
FCF Margin	6.65%	-10.37%	-3.72%	-46.58%	-16.17%
EBITDA	216.53	-4,086	-8,782	-7,295	-5,742
EBITDA Margin	0.28%	-10.00%	-28.63%	-27.16%	-27.36%
EBIT	-2,771	-6,658	-10,889	-8,706	-6,579
EBIT Margin	-3.61%	-16.29%	-35.50%	-32.42%	-31.35%
Effective Tax Rate	0.00%	0.00%	0.00%	-0.33%	-0.53%

Updated Mar 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q