# Xpeng Inc. (XPEV)

Source page: https://stoqly.net/companies/xpev

- **Ticker:** XPEV (NYSE)
- **Sector:** Consumer Discretionary / Motor Vehicles & Passenger Car Bodies
- **SEC CIK:** 0001810997
- **Latest annual report:** 20-F filed 2026-04-16 (https://www.sec.gov/Archives/edgar/data/1810997/000119312526157849/d36361d20f.htm)
- **Data updated:** 2026-11-09

## What the company does

XPeng designs, develops, manufactures and sells smart electric vehicles (EVs) and other new energy vehicles (NEVs), along with software for driver assistance and in-car systems. Its cars include the MONA M03 and Next P7 sedans, G6 and G9 sport utility vehicles, and X9 multipurpose vehicle. The company mainly targets middle-class buyers and the mid- to high-end passenger vehicle market. Its software supports driving assistance and connected features, and vehicles can receive upgrades through wireless firmware updates.

XPeng earns revenue by selling vehicles and related products and services. It develops its driver-assistance software in-house and sells its vehicles primarily in China, while expanding into international markets. Its models are available as battery electric vehicles (BEVs) or, for some models, extended-range electric vehicles (EREVs), which combine electric drive with an additional range-extending system. The company operates both directly run and franchised sales and service stores, alongside online sales and marketing channels.

XPeng mainly builds vehicles at its own Zhaoqing and Guangzhou plants. As of March 31, 2026, construction of its new Wuhan manufacturing base was complete. Customers can charge at home, at XPeng-operated stations or at third-party stations. As of December 31, 2025, its network included 3,159 XPENG-operated charging stations, and it had 721 stores in 255 cities in China. XPeng is based in Guangzhou, China.

## Key figures

- **Last close:** $9.37 on 2026-11-13 (−0.95% on the day)
- **Market cap:** $8.9B
- **EPS, trailing 12 months:** −$0.17
- **Revenue (FY2025):** $10.7B
- **Revenue growth:** +88.0%
- **Revenue growth, 5-year CAGR:** +66.0%
- **Gross margin:** 18.9%
- **Operating margin:** −3.6%
- **Net margin:** −1.5%
- **Free cash flow:** $710M
- **Free cash flow margin:** 6.7%
- **Return on invested capital:** −9.5%
- **Return on equity:** −3.7%
- **Net debt:** −$1.0B
- **Change in share count:** +0.7%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

Definitions: https://stoqly.net/about

## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/xpev/figures.csv

| US$ millions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 1 | 336 | 847 | 3,254 | 3,989 | 4,331 | 5,678 | 10,674 |
| Operating income | -256 | -547 | -622 | -1,020 | -1,293 | -1,537 | -925 | -386 |
| Net income | -211 | -534 | -396 | -754 | -1,357 | -1,465 | -805 | -159 |
| Diluted EPS (US$) | -2.06 | -3.85 | -1.88 | -0.92 | -1.59 | -1.68 | -0.85 | -0.17 |
| Operating cash flow | -238 | -516 | -20 | -170 | -1,223 | 135 | -280 | 1,149 |
| Free cash flow | -354 | -781 | -137 | -526 | -1,858 | -161 | -589 | 710 |
| Cash | 237 | 338 | 4,899 | 2,182 | 2,300 | 3,084 | 2,649 | 2,935 |
| Debt and leases | — | 82 | 278 | 264 | 1,264 | 1,649 | 1,774 | 1,929 |

---

Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.