Xpeng (XPEV) Net Margin (2019 - 2026)
Xpeng (XPEV) posted quarterly Net Margin of 13.69% for Q1 2026, down 949.0% YoY from 1.61% in Q1 2025, and down 894.91% sequentially from 1.72% in Q4 2025.
Xpeng (XPEV) Net Margin (2019 - 2026) Analysis & Trends
Xpeng has disclosed Net Margin across 8 years of filings, most recently posting 13.69% for Q1 2026.
- In Q1 2026, Net Margin fell 949.0% year-over-year to 13.69%; the TTM figure through Mar 2026 stood at 3.11% (up 708.0% YoY), while the FY2025 annual figure was 1.49%, up 1268.0% from the prior year.
- Net Margin slipped to 13.69% in Q1 2026, from 1.72% in the prior quarter.
- Over the last five years, Net Margin for XPEV reached as high as 1.72% in Q4 2025 and fell as low as 57.94% in Q1 2023.
- The 5-year median for Net Margin is 17.9% (2024), against an average of 23.1%.
- Annual changes were most pronounced in 2023 — Net Margin slumped 3513 bps — and 2024, when it surged 3956 bps.
- A 5-year view of Net Margin shows it stood at 45.93% in 2022, then soared by 78 bps to 10.33% in 2023, then increased by 20 bps to 8.26% in 2024, then soared by 121 bps to 1.72% in 2025, then slumped by 895 bps to 13.69% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 13.69%, 1.72%, and 1.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 2.19% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 5.89% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 6.64% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -13.69% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -30.12% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -9.96% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -1.94% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 0.00% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -401.57% |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | 1.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.69% |
| Dec 31, 2025 | 1.72% |
| Sep 30, 2025 | -1.87% |
| Jun 30, 2025 | -2.61% |
| Mar 31, 2025 | -4.20% |
| Dec 31, 2024 | -8.26% |
| Sep 30, 2024 | -17.90% |
| Jun 30, 2024 | -15.84% |
| Mar 31, 2024 | -20.89% |
| Dec 31, 2023 | -10.33% |
| Sep 30, 2023 | -45.57% |
| Jun 30, 2023 | -55.40% |
| Mar 31, 2023 | -57.94% |
| Dec 31, 2022 | -45.93% |
| Sep 30, 2022 | -34.82% |
| Jun 30, 2022 | -36.32% |
| Mar 31, 2022 | -22.81% |
| Dec 31, 2021 | -15.04% |
| Sep 30, 2021 | -27.88% |
| Jun 30, 2021 | -31.76% |