Xpeng (XPEV) Operating Income (2019 - 2026)

Xpeng (XPEV) posted quarterly Operating Income of -$271.7 million for Q1 2026, down 89.35% YoY from -$2.6 billion in Q1 2025, and down 4254.77% sequentially from -$6.2 million in Q4 2025.

Xpeng (XPEV) Operating Income (2019 - 2026) Analysis & Trends

Xpeng has disclosed Operating Income across 8 years of filings, most recently posting -$271.7 million for Q1 2026.

  • In Q1 2026, Operating Income fell 89.35% year-over-year to -$271.7 million; the TTM figure through Mar 2026 stood at -$514.0 million (up 39.16% YoY), while the FY2025 annual figure was -$396.3 million, up 56.55% from the prior year.
  • Operating Income fell to -$271.7 million in Q1 2026, from -$6.2 million in the prior quarter.
  • Over the last five years, Operating Income for XPEV reached as high as -$6.2 million in Q4 2025 and fell as low as -$433.2 million in Q3 2023.
  • The 5-year median for Operating Income is -$271.7 million (2026), against an average of -$257.8 million.
  • Annual changes were most pronounced in 2022 — Operating Income slumped 119.58% — and 2025, when it soared 97.12%.
  • A 5-year view of Operating Income shows it stood at -$354.0 million in 2022, then advanced by 19.44% to -$285.1 million in 2023, then gained by 24.03% to -$216.6 million in 2024, then soared by 97.12% to -$6.2 million in 2025, then plunged by 4254.77% to -$271.7 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$271.7 million, -$6.2 million, and -$105.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 941.00 Mn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 2.33 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 2.93 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -271.74 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -881.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -434.73 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 1.45 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -22,861.61 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -989.49 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 66.75 Mn

Historic Data

Download Data
DateValue
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 -216.62 Mn
Sep 30, 2024 -263.21 Mn
Jun 30, 2024 -221.41 Mn
Mar 31, 2024 -227.97 Mn
Dec 31, 2023 -285.14 Mn
Sep 30, 2023 -433.23 Mn
Jun 30, 2023 -426.16 Mn
Mar 31, 2023 -376.46 Mn
Dec 31, 2022 -353.96 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
Jun 30, 2021 -223.52 Mn