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| Date | Value |
|---|---|
| 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% |