Xpeng (XPEV) Operating Margin (2018 - 2025)

Xpeng (XPEV) reported Operating Margin of 3.61% for FY2025, up 77.83% year-over-year from 16.29% in FY2024.

Xpeng (XPEV) Operating Margin (2018 - 2025) Analysis & Trends

Xpeng (XPEV) has 8 years of Operating Margin data on file, last reported at 3.61% in FY2025.

  • Operating Margin for Q1 2026 came in at 14.38%, down 779.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.92% (up 719.0% YoY), and the FY2025 annual result was 3.61%, up 1268.0% from the prior year.
  • Operating Margin climbed to 3.61% in FY2025 per XPEV's latest filing, from 16.29% in the prior year.
  • Over five years, Operating Margin peaked at 3.61% in FY2025 and troughed at 35.5% in FY2023.
  • A 5-year average of 23.83% and a median of 31.35% in 2021 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2021 and 2023: Operating Margin surged 4212 bps in 2021, then slumped 308 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 31.35% in 2021, then declined by 3 bps to 32.42% in 2022, then slipped by 10 bps to 35.5% in 2023, then surged by 54 bps to 16.29% in 2024, then surged by 78 bps to 3.61% in 2025.
  • Business Quant data shows XPEV's Operating Margin at 3.61% in FY2025, 16.29% in FY2024, and 35.5% in FY2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Yr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn -
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 7.43%
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 29.52%
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn -
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn -
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn -
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn 4.42%
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -22.01%
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -3.61%
Dec 31, 2024 -16.29%
Dec 31, 2023 -35.50%
Dec 31, 2022 -32.42%
Dec 31, 2021 -31.35%
Dec 31, 2020 -73.47%
Dec 31, 2019 -162.87%
Dec 31, 2018 -17,459.65%