Xpeng (XPEV) Operating Income (2019 - 2026)
Xpeng's (XPEV) quarterly Operating Income came in at -$168.4 million in Q2 2026, down 29.06% year-over-year from -$237.4 million in Q2 2025, and up 38.03% quarter-over-quarter from -$271.7 million in Q1 2026.
Analysis
Xpeng (XPEV) Operating Income (2019 - 2026) Analysis & Trends
Xpeng (XPEV) has reported Operating Income for 8 consecutive years, with -$168.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 29.06% year-over-year to -$168.4 million in Q2 2026; TTM through Jun 2026 was -$551.9 million, a 26.45% increase from a year earlier, with the FY2025 full-year figure at -$396.3 million, up 56.55% from the prior year.
- Operating Income was -$168.4 million for Q2 2026 at Xpeng, up from -$271.7 million in the prior quarter.
- Over five years, Operating Income peaked at -$6.2 million in Q4 2025 and troughed at -$433.2 million in Q3 2023.
- A 5-year average of -$253.5 million and a median of -$267.5 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income sank 119.58% in 2022 and jumped 97.07% in 2025, its largest moves.
- Over 5 years, Operating Income stood at -$365.0 million in 2022, then rose by 20.78% to -$289.2 million in 2023, then advanced by 26.28% to -$213.2 million in 2024, then jumped by 97.07% to -$6.2 million in 2025, then slumped by 2598.47% to -$168.4 million in 2026.
- The last three Operating Income figures came in at -$168.4 million (Q2 2026), -$271.7 million (Q1 2026), and -$6.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,159.10 Bn | 1,115.58 Bn | 4.75 Bn | 398.00 Mn |
| 2 | Toyota Motor | 254.03 Bn | 176.04 Bn | 12.27 Bn | 6.67 Bn |
| 3 | Honda Motor | 128.49 Bn | 88.36 Bn | 8.46 Bn | 3.33 Bn |
| 4 | General Motors | 75.41 Bn | 50.69 Bn | 7.33 Bn | 1.46 Bn |
| 5 | Ford Motor | 53.33 Bn | 21.99 Bn | 6.08 Bn | 638.00 Mn |
| 6 | Rivian Automotive | 20.17 Bn | 14.86 Bn | 179.00 Mn | -836.00 Mn |
| 7 | Li Auto | 12.13 Bn | -444.38 Mn | 417.98 Mn | -339.10 Mn |
| 8 | Xpeng | 9.84 Bn | 7.52 Bn | 601.83 Mn | -168.39 Mn |
| 9 | Nio | 8.17 Bn | 1.84 Bn | 870.51 Mn | -51.18 Mn |
| 10 | VinFast Auto | 7.27 Bn | 7.27 Bn | -677,431.76 Bn | -910,748.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -168.39 Mn |
| Mar 31, 2026 | -271.74 Mn |
| Dec 31, 2025 | -6.24 Mn |
| Sep 30, 2025 | -105.50 Mn |
| Jun 30, 2025 | -130.47 Mn |
| Mar 31, 2025 | -143.52 Mn |
| Dec 31, 2024 | -213.17 Mn |
| Sep 30, 2024 | -263.21 Mn |
| Jun 30, 2024 | -221.41 Mn |
| Mar 31, 2024 | -227.97 Mn |
| Dec 31, 2023 | -289.17 Mn |
| Sep 30, 2023 | -433.23 Mn |
| Jun 30, 2023 | -426.16 Mn |
| Mar 31, 2023 | -376.46 Mn |
| Dec 31, 2022 | -364.99 Mn |
| Sep 30, 2022 | -306.01 Mn |
| Jun 30, 2022 | -312.14 Mn |
| Mar 31, 2022 | -302.95 Mn |
| Dec 31, 2021 | -381.27 Mn |
| Sep 30, 2021 | -279.77 Mn |