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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

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

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
30B60B-5B-10B
2018202120242025
Compound annual growth
+41.9%
+67.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +67.4% a year over the five years to FY2025.

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%
201820212025
ROE
FY2025 · ROE -3.7%
-10%-20%
201820212025
Three returns, three denominators.

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-10B
201820212025

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—not applicable◌not available in our data
XPEV, 8-year financial record
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 % — not applicable: no dividend————————
ROE %−3.7−17.1−28.3−23.1−12.7———

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 39 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 24 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 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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