XPeng Inc. ADR (XPEV) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.76	-$1.29	-69.7%	—	$19.7B	—
Q1 26	-$1.04	-$1.76	-69.2%	—	$13B	—
Q4 25	$0.16	$0.43	+168.8%	—	$22.3B	—
Q3 25	-$0.47	-$0.16	+66.0%	—	$20.4B	—
Q2 25	-$1.06	-$0.41	+61.3%	—	$18.3B	—
Q1 25	-$1.51	-$0.45	+70.2%	—	$15.8B	—
Q4 24	-$1.45	-$1.47	-1.4%	—	$16.1B	—
Q3 24	-$1.69	-$1.62	+4.1%	—	$1.4B	—
Q2 24	-$1.32	-$1.29	+2.3%	—	$1.1B	—
Q1 24	-$1.77	-$1.49	+15.8%	—	$6.5B	—
Q4 23	-$3.03	-$1.98	+34.7%	—	$13.1B	—
Q3 23	-$3.34	-$3.23	+3.3%	—	$8.5B	—
Q2 23	-$2.46	-$3.1	-26.0%	—	$5.1B	—
Q1 23	-$2.31	-$2.57	-11.3%	—	$4B	—
Q4 22	-$2.37	-$2.57	-8.4%	—	$5.1B	—
Q3 22	-$2.03	-$2.59	-27.6%	—	$6.8B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$1.2	—	—	$76.7B	—
FY24	—	-$6.12	—	—	$40.9B	—
FY23	—	-$11.9	—	—	$30.7B	—
FY22	—	-$10.7	—	—	$26.9B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$9.7M	$2.3B	$5.8B	$21B	$26.9B	$30.7B	$40.9B	$76.7B
YoY change	—	+23.8K%	+151.8%	+259.1%	+28%	+14.2%	+33.2%	+87.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	9.7M	2.3B	5.8B	21B	26.9B	30.7B	40.9B	76.7B
Cost of revenue	12.1M	2.9B	5.6B	18.4B	23.8B	30.2B	35B	62.2B
Gross profit	-2.4M	-558.1M	266M	2.6B	3.1B	451.2M	5.8B	14.5B
Gross margin	-24.3%	-24%	4.55%	12.5%	11.5%	1.47%	14.3%	18.9%
Research & development	1.1B	2.1B	1.7B	4.1B	5.2B	5.3B	6.5B	9.5B
Selling, general & administrative	642.5M	1.2B	2.9B	5.3B	6.7B	6.6B	6.9B	9.4B
Operating expenses	1.7B	3.2B	4.6B	9.2B	11.8B	11.4B	12.7B	17.1B
Operating income	-1.7B	-3.8B	-4.3B	-6.6B	-8.7B	-10.9B	-6.9B	-2.7B
Operating margin	-17.5K%	-162.9%	-73.5%	-31.3%	-32.4%	-35.6%	-16.9%	-3.46%
Non-operating income, net	236.3M	32.1M	1.5B	1.1B	-1.3B	-466.4M	30.9M	714M
Pretax income	-1.4B	-3.7B	-2.7B	-4.8B	-9.1B	-10.4B	-5.8B	-1.2B
Income tax	0	1K	1.2M	26M	24.7M	36.8M	-69.8M	13.6M
Net income	-1.4B	-3.7B	-2.7B	-4.9B	-9.1B	-10.4B	-5.8B	-1.1B
Net margin	-14.4K%	-159%	-46.7%	-23.2%	-34%	-33.8%	-14.2%	-1.49%
EBITDA	-1.6B	-3.5B	-3.7B	-4.9B	-6.2B	-7.5B	-2.8B	1.5B
EPS	-2.84	-5.84	-13	-5.92	-10.7	-11.9	-6.12	-1.2
Diluted EPS	-2.84	-5.84	-13	-5.92	-10.7	-11.9	-6.12	-1.2

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	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	8.5B	13.1B	6.5B	1.1B	1.4B	16.1B	15.8B	18.3B	20.4B	22.3B	13B	19.7B
Cost of revenue	8.8B	12.2B	5.7B	971.4M	1.2B	13.8B	13.4B	15.1B	16.3B	17.5B	10.4B	15.7B
Gross profit	-228M	809.5M	843.8M	158.2M	217.1M	2.3B	2.5B	3.2B	4.1B	4.7B	2.7B	4.1B
Gross margin	-2.67%	6.2%	12.9%	14%	15.3%	14.4%	15.6%	17.3%	20.1%	21.3%	20.6%	20.7%
Research & development	1.3B	1.3B	1.4B	204.3M	230.1M	2B	2B	2.2B	2.4B	2.9B	2.9B	2.9B
Selling, general & administrative	1.7B	1.9B	1.4B	219.1M	230.1M	2.3B	1.9B	2.2B	2.5B	2.8B	1.9B	2.5B
Operating expenses	2.9B	2.9B	2.7B	384.6M	454.5M	4.1B	3.4B	4.1B	4.8B	4.8B	4.6B	5.3B
Operating income	-3.2B	-2.1B	-1.8B	-226.4M	-237.4M	-1.8B	-923.2M	-968.7M	-677.2M	-85M	-1.9B	-1.2B
Operating margin	-37.1%	-16%	-27.8%	-20%	-16.7%	-10.9%	-5.84%	-5.3%	-3.32%	-0.38%	-14.8%	-6.03%
Non-operating income, net	-970.4M	479.2M	146.9M	717.5K	-45.8M	203.8M	112.1M	204.5M	82M	315.3M	70.4M	-168.6M
Pretax income	-3.9B	-1.3B	-1.4B	-187.3M	-250.1M	-1.3B	-648.8M	-531M	-393.7M	416.7M	-1.8B	-1.3B
Income tax	682K	21.8M	1.1M	-4.7M	989.6K	-44.1M	8M	-9.4M	-7.1M	22.1M	9.3M	74.3M
Net income	-3.9B	-1.3B	-1.4B	-178.9M	-254.7M	-1.3B	-664M	-477.8M	-380.9M	383.2M	-1.8B	-1.3B
Net margin	-45.6%	-10.3%	-20.9%	-15.8%	-17.9%	-8.26%	-4.2%	-2.61%	-1.87%	1.72%	-13.7%	-6.77%
EBITDA	-2.8B	-1.7B	-1.4B	-176.2M	-191.6M	-1.4B	-611.7M	-657M	-377.5M	200.1M	-1.7B	-961M
EPS	-4.5	-1.5	-1.46	-1.36	-1.9	-1.4	-0.7	-0.5	-0.4	0.4	-1.86	-1.4
Diluted EPS	-4.5	-1.5	-1.46	-1.36	-1.9	-1.4	-0.7	-0.5	-0.4	0.4	-1.86	-1.4

Market cap

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	61.7B	92.8B	—	19.3B	19.3B
Enterprise value	—	—	—	—	43.7B	76.5B	—	3.9B	3.9B
Shares outstanding	5.8B	5.8B	2.7B	6B	6.2B	6.4B	945.7M	952M	952M

Valuation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/S	—	—	—	—	2.3	3.03	—	0.25	0.25
P/B	—	—	—	—	1.67	2.55	—	0.64	0.64
EV/EBITDA	—	—	—	—	-7.06	-10.2	—	2.53	2.53
EV/Sales	—	—	—	—	1.63	2.5	—	0.05	0.05
FCF yield	—	—	—	—	-20.9%	-1.46%	—	25.4%	25.4%

Profitability

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-24.3%	-24%	4.55%	12.5%	11.5%	1.47%	14.3%	18.9%	18.9%
Operating margin	-17.5K%	-162.9%	-73.5%	-31.3%	-32.4%	-35.6%	-16.9%	-3.46%	-3.46%
Net margin	-14.4K%	-159%	-46.7%	-23.2%	-34%	-33.8%	-14.2%	-1.49%	-1.49%
ROE	64%	54%	-7.93%	-11.5%	-24.8%	-28.6%	-18.5%	-3.75%	-3.75%
ROA	-18.2%	-39.9%	-6.11%	-7.41%	-12.8%	-12.3%	-7%	-1.1%	-1.1%
ROIC	32.2%	57.6%	-115.7%	-87.9%	-45.9%	-54.4%	-47.6%	-17.7%	-17.7%
Return on tangible assets	-19.8%	-43.4%	-6.39%	-8.15%	-14.3%	-15.1%	-8.52%	-1.29%	-1.29%

Financial health

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	6.28	1.5	5.06	2.71	1.81	1.51	1.25	1.09	1.09
Quick ratio	6.1	1.37	4.89	2.56	1.62	1.36	1.11	0.91	0.91
Debt / equity	-0.71	-0.38	0.07	0.12	0.35	0.42	0.51	0.64	0.64
Debt / assets	0.2	0.28	0.05	0.08	0.18	0.18	0.19	0.19	0.19
Net debt / EBITDA	1.99	-0.08	8.27	7.03	2.9	2.17	5.92	-9.99	-9.99
Interest coverage	-239.3	-114.3	-120.6	-86.4	-68	-37.7	-16	-2.04	-2.04
Effective tax rate	0%	0%	0%	0%	0%	0%	0%	0%	0%

Per share

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0	0.4	2.14	3.52	4.33	4.82	43.2	80.6	80.6
EPS (basic)	-2.84	-5.84	-13	-5.92	-10.7	-11.9	-6.12	-1.2	-1.2
EPS (diluted)	-2.84	-5.84	-13	-5.92	-10.7	-11.9	-6.12	-1.2	-1.2
Book value per share	-0.38	-1.19	12.6	7.08	5.95	5.71	33.1	31.9	31.9
FCF per share	-0.45	-0.95	-0.55	-0.91	-2.08	-0.21	-4.7	5.16	5.16
Cash per share	0.8	0.41	12.1	6.67	4.96	4.98	34.6	36.7	36.7
Capex per share	0.13	0.32	0.29	0.38	0.68	0.33	2.17	—	—

Capital allocation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.9K%	78.9%	13.4%	10.8%	15.6%	6.81%	5.03%	—	—
Capex / operating cash flow	-54.7%	-47.9%	65.8%	-110.7%	-42.6%	-98.6%	-46.2%	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	4.6B	2.4B	33B	39.7B	30.8B	31.7B	32.7B	35B
Receivables	38.4M	539.2M	1.1B	2.7B	3.9B	2.7B	2.4B	2B
Inventory	169.3M	454.1M	1.3B	2.7B	4.5B	5.5B	5.6B	10.4B
Total current assets	6.1B	5B	39.7B	48.8B	43.5B	54.5B	49.7B	63.3B
Property, plant & equipment	1.2B	3.7B	2.9B	6.1B	10.4B	8.4B	8.6B	11.4B
Goodwill & intangibles	618.9M	746.4M	2B	6B	7.6B	15.5B	14.8B	15B
Total assets	7.7B	9.3B	44.7B	65.7B	71.5B	84.2B	82.7B	103.2B
Accounts payable	214.9M	953.9M	5.1B	12.4B	14.2B	22.2B	23.1B	18B
Short-term debt	283.6M	570.7M	292.5M	480.1M	3.8B	6.2B	6.8B	7.8B
Total current liabilities	973M	3.3B	7.8B	18B	24.1B	36.1B	39.9B	58.1B
Long-term debt	1.3B	2.1B	2B	4.6B	9B	9.2B	9.1B	11.7B
Total liabilities	9.9B	16.1B	10.3B	23.5B	34.6B	47.8B	51.4B	72.8B
Shareholders' equity	-2.2B	-6.8B	34.4B	42.1B	36.9B	36.3B	31.3B	30.4B
Total debt	1.6B	2.6B	2.3B	5.1B	12.8B	15.4B	15.9B	19.6B
Net debt	-75.9M	675.2M	-26.9B	-6B	-1.8B	-5.7B	-2.6B	2.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	24.5B	31.7B	33.6B	3.9B	3.8B	32.7B	32.5B	33.9B	34.7B	35B	27.1B	23.6B
Receivables	3.2B	2.7B	2B	297.3M	329M	2.4B	2.2B	872.9M	1.6B	2B	1.1B	611.1M
Inventory	5.3B	5.5B	6.1B	775.1M	865.3M	5.6B	6B	6.6B	9.2B	10.4B	13.3B	13.7B
Total current assets	43.7B	54.5B	50.3B	6.2B	6.2B	49.7B	52B	54.8B	60B	63.3B	60.7B	61.5B
Property, plant & equipment	12.5B	8.4B	12B	1.1B	1.8B	8.6B	15.3B	11.5B	16.1B	11.4B	18.6B	19B
Goodwill & intangibles	7.7B	15.5B	15.2B	2.1B	2.1B	14.8B	15.4B	15.2B	14.9B	15B	15.2B	14.9B
Total assets	70.5B	84.2B	79.9B	10.4B	10.8B	82.7B	88.9B	92.4B	98.3B	103.2B	100.8B	101.6B
Accounts payable	16.6B	22.2B	20B	1.1B	2.4B	23.1B	27B	17B	17.8B	18B	13.1B	15.7B
Short-term debt	5.5B	6.2B	6.5B	904.2M	979.8M	6.8B	6.5B	20.8B	23.2B	7.8B	25.8B	25.2B
Total current liabilities	30.3B	36.1B	33.5B	4.1B	4.5B	39.9B	42.9B	48B	53.6B	58.1B	53.3B	55.3B
Long-term debt	8.8B	9.2B	7.6B	1.2B	1.2B	9.1B	11.2B	11.2B	11.5B	11.7B	15.7B	15.7B
Total liabilities	41.7B	47.8B	44.8B	5.7B	6.3B	51.4B	58.2B	62.1B	68.3B	72.8B	72.4B	74.6B
Shareholders' equity	28.8B	36.3B	35.1B	4.7B	4.5B	31.3B	30.7B	30.3B	30B	30.4B	28.5B	27B
Total debt	14.2B	15.4B	14.2B	2.1B	2.2B	15.9B	17.7B	32B	34.7B	19.6B	41.5B	40.9B
Net debt	2B	-5.7B	-387.9M	147.1M	669.9M	-2.6B	-57.8M	13.2B	17.2B	2.2B	27B	26.6B

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

Market cap

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

XPeng Inc. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

Market cap

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement