Income Statement - XPENG INC. (XPEV)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 74,629.53 | 40,866.31 | 30,676.07 | 26,855.12 | 20,988.13 | 5,844.32 | 2,321.22 | 9.71 |
| Cost of revenue | 60,550.92 | 35,020.54 | 30,224.91 | 23,766.73 | 18,365.58 | 5,578.33 | 2,879.36 | 12.07 |
| Gross profit | 14,078.61 | 5,845.77 | 451.16 | 3,088.39 | 2,622.56 | 265.99 | -558.14 | -2.36 |
| Total operating expenses | 18,373.82 | 12,503.91 | 11,340.59 | 11,793.91 | 9,201.96 | 4,559.73 | 3,222.43 | 1,692.27 |
| Operating income | -4,295.22 | -6,658.14 | -10,889.43 | -8,705.52 | -6,579.41 | -4,293.74 | -3,780.57 | -1,694.63 |
| Non-operating income (net) | 3,200.02 | 798.09 | 550.47 | -408.72 | 1,742.30 | 1,562.97 | 88.90 | 295.81 |
| Income before tax | -1,095.20 | -5,860.04 | -10,338.97 | -9,114.24 | -4,837.11 | -2,730.76 | -3,691.67 | -1,398.82 |
| Income tax expense | 13.22 | -69.78 | 36.81 | 24.73 | 25.99 | 1.22 | 0.00 | 301.63 |
| Net income | -1,108.42 | -5,790.26 | -10,375.78 | -9,143.09 | -4,863.10 | -2,731.99 | -3,691.67 | -1,398.82 |
Show Quarterly Income Statement
Income Statement - XPENG INC. (XPEV)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,954.95 | 21,946.61 | 20,380.95 | 18,274.41 | 15,810.63 | 16,105.10 | 10,101.71 | 8,111.41 | 6,548.10 | 13,050.43 | 8,529.52 | 5,062.70 | 4,033.42 | 5,140.35 | 6,823.49 | 7,436.35 | 7,454.94 | 8,556.01 | 5,719.92 | 3,761.28 | 2,950.93 | 2,851.35 | 1,990.12 | 590.78 | 412.07 | 640.01 | 449.72 | 615.75 | 615.75 |
| Cost of revenue | 10,288.58 | 17,270.25 | 16,276.70 | 15,107.08 | 13,351.10 | 13,780.32 | 8,560.26 | 6,975.62 | 5,704.34 | 12,240.96 | 8,757.48 | 5,260.09 | 3,966.39 | 4,695.29 | 5,900.25 | 6,626.99 | 6,544.21 | 7,532.70 | 4,899.09 | 3,312.70 | 2,621.09 | 2,640.79 | 1,898.58 | 607.02 | 431.94 | 682.06 | 495.02 | 851.14 | 851.14 |
| Gross profit | 2,666.37 | 4,676.36 | 4,104.25 | 3,167.33 | 2,459.53 | 2,324.78 | 1,541.45 | 1,135.79 | 843.75 | 809.47 | -227.96 | -197.39 | 67.03 | 445.06 | 923.24 | 809.36 | 910.73 | 1,023.31 | 820.82 | 448.58 | 329.84 | 210.56 | 91.54 | -16.24 | -19.87 | -42.05 | -45.30 | -235.39 | -235.39 |
| Total operating expenses | 4,761.46 | 5,588.29 | 4,855.30 | 4,101.98 | 3,500.98 | 3,705.66 | 3,388.54 | 2,744.85 | 2,489.72 | 2,891.86 | 2,932.87 | 2,892.79 | 2,652.41 | 2,962.51 | 3,100.07 | 2,900.14 | 2,831.19 | 3,452.98 | 2,623.46 | 1,891.75 | 1,233.77 | 1,331.74 | 1,835.73 | 762.85 | 629.41 | 1,044.05 | 716.24 | 746.95 | 746.95 |
| Operating income | -2,095.09 | -911.93 | -751.05 | -934.65 | -1,041.45 | -1,556.01 | -1,847.10 | -1,609.06 | -1,645.97 | -2,053.05 | -3,160.83 | -3,090.18 | -2,585.38 | -2,517.44 | -2,176.83 | -2,090.78 | -1,920.47 | -2,429.67 | -1,802.64 | -1,443.17 | -903.93 | -1,121.18 | -1,744.18 | -779.09 | -649.28 | -1,086.10 | -761.55 | -966.46 | -966.46 |
| Non-operating income (net) | 330.97 | 1,311.67 | 363.07 | 447.47 | 385.39 | 150.44 | 46.40 | 290.60 | 279.14 | 719.38 | -725.04 | 244.88 | 254.58 | 141.20 | -178.30 | -598.36 | 222.12 | 1,168.19 | 208.14 | 248.60 | 117.37 | 334.97 | 595.43 | 633.05 | -0.48 | 89.03 | -14.73 | 7.30 | 7.30 |
| Income before tax | -1,764.11 | 399.74 | -387.98 | -487.18 | -656.06 | -1,405.57 | -1,800.70 | -1,318.45 | -1,366.83 | -1,333.67 | -3,885.87 | -2,845.31 | -2,330.80 | -2,376.25 | -2,355.13 | -2,689.15 | -1,698.34 | -1,261.48 | -1,594.50 | -1,194.57 | -786.56 | -786.20 | -1,148.76 | -146.04 | -649.76 | -997.07 | -776.28 | -959.16 | -959.16 |
| Income tax expense | 9.20 | 21.82 | -7.11 | -9.42 | 7.99 | 95.47 | 7.03 | -33.77 | 1.06 | 21.75 | 0.68 | -40.66 | 6.16 | -15.07 | 21.02 | 11.74 | 2.42 | 25.69 | 0.30 | -126.02 | -133.96 | 1.22 | 0.01 | -2.62 | -2.38 | 0.00 | -12.11 | 193.61 | 193.61 |
| Net income | -1,773.31 | 377.92 | -380.87 | -477.75 | -664.05 | -1,329.97 | -1,807.72 | -1,284.68 | -1,367.89 | -1,347.62 | -3,886.55 | -2,804.65 | -2,337.94 | -2,365.80 | -2,379.00 | -2,697.52 | -1,700.77 | -1,287.17 | -1,594.80 | -1,194.57 | -786.56 | -787.42 | -1,148.76 | -146.04 | -649.76 | -997.07 | -776.28 | -1,152.78 | -1,152.78 |