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MARKETS / NYSE / XPEV
NYSE · MOTOR VEHICLES & PASSENGER CAR BODIES · LARGE CAP

Xpeng Inc. XPEV

8 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 76.7B
▲ 87.7% YoY
CNY -1.1B
CNY 5.1B
In brief

What this company does

XPENG designs, develops, manufactures, and markets Smart EVs and NEVs for middle-class consumers in China. In 2025, it recorded total revenues of RMB76,719.7 million and delivered 429,445 Smart EVs and NEVs. As of December 31, 2025, the company had a total of 19,884 employees. It develops full stack advanced driver assistance systems software in house and has deployed that software on mass-produced vehicles. The company mainly manufactures its vehicles at its own Zhaoqing and Guangzhou plants. Its sales network comprised a total of 721 stores covering 255 cities in China as of December 31, 2025, including both stores directly operated by the company and franchised stores. The XPENG self-operated charging station network reached 3,159 stations as of December 31, 2025, including 2,654 supercharging stations and 505 destination charging stations. The company has operated since its inception in 2015.

Written from the business description in XPENG INC.'s annual report to the U.S. Securities and Exchange Commission, filed 16 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 76.7B
Revenue, FY2025 · full 8-year series below
Revenue CNY B Net income CNY B
FY2025 · Revenue 76.7 · Net income -1.1
40B-4B-8B20182019202020212022202320242025
Compound annual growth
+41.9%
+67.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +67.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3.6% · Net -1.5%
-5000%-10000%-15000%20182019202020212022202320242025
ROE
FY2025 · ROE -3.7%
-10%-20%20182019202020212022202320242025

Each CNY of equity lost 4 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow CNY B
FY2025 · FCF 5.1
2B4B-5B-10B20182019202020212022202320242025

Total assetsCNY 103.2B
EquityCNY 30.4B
CashCNY 17.3B
Gross debtCNY 8.4B
Net debtCNY -8.9B
Current ratio1.09×

The company holds more cash than debt.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue CNY B76.740.930.726.921.05.82.30.0
Operating income CNY B−2.8−6.7−10.9−8.7−6.6−4.3−3.8−1.7
EBITDA CNY B−1.0−5.1−9.2−7.8−6.0−4.0−3.7−1.6
Income tax CNY B0.0−0.10.00.00.00.00.00.0
Net income CNY B−1.1−5.8−10.4−9.1−4.9−2.7−3.7−1.4
Free cash flow CNY B5.1−4.2−1.1−12.5−3.4−0.9−5.4−2.3
EPS, diluted CNY −0.60−3.06−5.96−5.34−2.96−6.48−13.29−6.83
Dividend / sh CNY ········
Payout %········
ROE %−3.7−17.1−28.3−23.1−12.7−19.8··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 39 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 56 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMotor Vehicles & Passenger Car Bodies
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2017

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