XPeng Inc. (XPEV) — Financial statements
Income statement, balance sheet, and cash flow for XPeng Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 74,630↑82.6% | 40,866↑33.2% | 30,676↑14.2% | 26,855↑28.0% | 20,988 | |
| Cost of Revenue | 60,551↑72.9% | 35,021↑15.9% | 30,225↑27.2% | 23,767↑29.4% | 18,366 | |
| Gross Profit | 14,079↑140.8% | 5,846↑1195.7% | 451↓85.4% | 3,088↑17.8% | 2,623 | |
| Operating Expenses | ||||||
| R&D Expenses | 9,231↑43.0% | 6,457↑22.4% | 5,277↑1.2% | 5,215↑26.8% | 4,114 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,339↓13.3% | 1,545↓6.9% | 1,659↑61.2% | 1,029 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 5,532↑10.3% | 5,014↓0.3% | 5,029↑17.6% | 4,276 | |
| SG&A Expenses | 9,142↑33.1% | 6,871↑4.8% | 6,559↓1.9% | 6,688↑26.1% | 5,305 | |
| Other Expenses | 0.00↑100.0% | -823↓66.4% | -495↓353.4% | -109↑49.9% | -218 | |
| Operating Expenses | 18,374↑46.9% | 12,504↑10.3% | 11,341↓3.8% | 11,794↑28.2% | 9,202 | |
| Total Costs & Expenses | 78,925↑66.1% | 47,524↑14.3% | 41,566↑16.9% | 35,561↑29.0% | 27,568 | |
| Operating Results | ||||||
| Operating Income | -4,295↑35.5% | -6,658↑38.9% | -10,889↓25.1% | -8,706↓32.3% | -6,579 | |
| Depreciation & Amortization | 0.00↓100.0% | 2,573↑22.1% | 2,107↑49.4% | 1,411↑68.4% | 838 | |
| EBITDA | -4,295↓47.4% | -2,914↑63.7% | -8,018↓5.8% | -7,575↓92.1% | -3,944 | |
| EBIT | -4,295↑21.7% | -5,487↑45.8% | -10,125↓12.7% | -8,986↓87.9% | -4,782 | |
| Interest & Other Income | ||||||
| Net Interest Income | 762↓26.1% | 1,031↑3.9% | 991↑7.0% | 927↑34.7% | 688 | |
| Interest Income | 1,132↓17.7% | 1,375↑9.1% | 1,260↑19.0% | 1,059↑42.5% | 743 | |
| Interest Expense | 370↑7.4% | 344↑28.0% | 269↑103.2% | 132↑138.9% | 55 | |
| Non-Operating Income | 0.00↑100.0% | -1,171↓53.2% | -764↓372.4% | 281↑115.6% | -1,798 | |
| Other Income / Expenses | 3,200↑301.0% | 798↑45.0% | 550↑234.7% | -409↓123.5% | 1,742 | |
| Income Before Tax | -1,095↑81.3% | -5,860↑43.3% | -10,339↓13.4% | -9,114↓88.4% | -4,837 | |
| Income Tax Expense | 13↑118.9% | -70↓289.6% | 37↑48.8% | 25↓4.8% | 26 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,108↑80.9% | -5,790↑44.2% | -10,376↓13.5% | -9,139↓87.9% | -4,863 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,108↑80.9% | -5,790↑44.2% | -10,376↓13.5% | -9,143↓88.0% | -4,863 | |
| Bottom-Line Net Income | -1,108↑80.9% | -5,790↑44.2% | -10,376↓13.5% | -9,139↓87.9% | -4,863 | |
| EPS (Basic) | -2.38↑61.1% | -6.12↑48.7% | -11.92↓11.6% | -10.68↓80.4% | -5.92 | |
| EPS (Diluted) | -2.38↑61.1% | -6.12↑48.7% | -11.92↓11.6% | -10.68↓80.4% | -5.92 | |
| Weighted Average Shares | 476↓49.7% | 946↑8.6% | 870↑1.7% | 856↑4.2% | 821 | |
| Weighted Average Diluted Shares | 476↓49.7% | 946↑8.6% | 870↑1.7% | 856↑4.2% | 821 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.