Xpeng (XPEV) EBITDA (2019 - 2026)
Xpeng (XPEV) posted quarterly EBITDA of -$270.6 million for Q1 2026, down 88.57% year-over-year from -$2.4 billion in Q1 2025, and down 4176.54% quarter-over-quarter from -$6.3 million in Q4 2025.
Xpeng (XPEV) EBITDA (2019 - 2026) Analysis & Trends
Xpeng (XPEV) has reported EBITDA for 8 consecutive years, with -$270.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 88.57% year-over-year to -$270.6 million; the TTM figure through Mar 2026 stood at -$512.9 million (up 39.28% YoY), while the FY2025 annual figure was -$396.3 million, up 56.55% from the prior year.
- EBITDA declined to -$270.6 million in Q1 2026 per XPEV's latest filing, from -$6.3 million in the prior quarter.
- Across five years, EBITDA topped out at -$6.3 million in Q4 2025 and bottomed at -$437.0 million in Q3 2023.
- Historically, EBITDA has averaged -$259.0 million across 5 years, with a median of -$270.6 million in 2026.
- Annual changes were most pronounced in 2022 — EBITDA plunged 119.58% — and 2025, when it jumped 97.08%.
- Xpeng's EBITDA stood at -$365.0 million in 2022, then advanced by 20.78% to -$289.2 million in 2023, then gained by 25.09% to -$216.6 million in 2024, then surged by 97.08% to -$6.3 million in 2025, then slumped by 4176.54% to -$270.6 million in 2026.
- Business Quant data shows XPEV's EBITDA at -$270.6 million in Q1 2026, -$6.3 million in Q4 2025, and -$105.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn | 6.67 Bn |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn | 1.46 Bn |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn | -836.00 Mn |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn | -337.90 Mn |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn | -167.79 Mn |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn | -1.08 Bn |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn | 66.75 Mn |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn | -66.11 Mn |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn | -34.83 Mn |
| 10 | Fabric.AI | 11.76 Mn | -9.92 Mn | - | -3.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -167.79 Mn |
| Mar 31, 2026 | -270.62 Mn |
| Dec 31, 2025 | -6.24 Mn |
| Sep 30, 2025 | -104.93 Mn |
| Jun 30, 2025 | -130.47 Mn |
| Mar 31, 2025 | -143.27 Mn |
| Dec 31, 2024 | -216.62 Mn |
| Sep 30, 2024 | -263.21 Mn |
| Jun 30, 2024 | -221.41 Mn |
| Mar 31, 2024 | -230.18 Mn |
| Dec 31, 2023 | -289.17 Mn |
| Sep 30, 2023 | -436.98 Mn |
| Jun 30, 2023 | -426.16 Mn |
| Mar 31, 2023 | -377.91 Mn |
| Dec 31, 2022 | -353.96 Mn |
| Sep 30, 2022 | -306.01 Mn |
| Jun 30, 2022 | -312.14 Mn |
| Mar 31, 2022 | -302.59 Mn |
| Dec 31, 2021 | -381.27 Mn |
| Sep 30, 2021 | -278.65 Mn |