Xpeng (XPNGF) Cost of Revenue (2019 - 2026)
Xpeng's (XPNGF) quarterly Cost of Revenue came in at $2.3 billion in Q2 2026, up 9.44% year-over-year from $2.1 billion in Q2 2025, and up 53.81% quarter-over-quarter from $1.5 billion in Q1 2026.
Analysis
Xpeng (XPNGF) Cost of Revenue (2019 - 2026) Analysis & Trends
Xpeng (XPNGF) has reported Cost of Revenue for 8 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 9.44% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $8.6 billion, a 21.37% increase from a year earlier, with the FY2025 full-year figure at $8.9 billion, up 85.53% from the prior year.
- Cost of Revenue was $2.3 billion for Q2 2026 at Xpeng, up from $1.5 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.5 billion in Q4 2025 and troughed at $577.6 million in Q1 2023.
- A 5-year average of $1.4 billion and a median of $1.2 billion in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 158.04% in 2022 and tumbled 44.05% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at $680.8 million in 2022, then surged by 153.26% to $1.7 billion in 2023, then climbed by 9.5% to $1.9 billion in 2024, then jumped by 30.78% to $2.5 billion in 2025, then retreated by 6.52% to $2.3 billion in 2026.
- The last three Cost of Revenue figures came in at $2.3 billion (Q2 2026), $1.5 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,208.51 Bn | 1,164.99 Bn | 4.75 Bn | 23.49 Bn |
| 2 | Toyota Motor | 256.51 Bn | 178.52 Bn | 12.27 Bn | 63.91 Bn |
| 3 | Honda Motor | 126.61 Bn | 86.48 Bn | 8.46 Bn | 29.57 Bn |
| 4 | Ford Motor | 79.34 Bn | 48.01 Bn | 6.08 Bn | 42.22 Bn |
| 5 | General Motors | 76.98 Bn | 52.27 Bn | 7.33 Bn | 40.70 Bn |
| 6 | Rivian Automotive | 21.51 Bn | 16.20 Bn | 179.00 Mn | 1.48 Bn |
| 7 | Nio | 8.66 Bn | 2.33 Bn | 870.51 Mn | 3.87 Bn |
| 8 | VinFast Auto | 7.18 Bn | 7.18 Bn | -677,431.76 Bn | 1,598,117.44 Bn |
| 9 | Li Auto | 5.98 Bn | -6.51 Bn | 417.98 Mn | 3.36 Bn |
| 10 | Xpeng | 5.26 Bn | 2.95 Bn | 601.83 Mn | 2.31 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.31 Bn |
| Mar 31, 2026 | 1.50 Bn |
| Dec 31, 2025 | 2.47 Bn |
| Sep 30, 2025 | 2.29 Bn |
| Jun 30, 2025 | 2.11 Bn |
| Mar 31, 2025 | 1.84 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Sep 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 959.88 Mn |
| Mar 31, 2024 | 790.04 Mn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 725.40 Mn |
| Mar 31, 2023 | 577.55 Mn |
| Dec 31, 2022 | 680.75 Mn |
| Sep 30, 2022 | 829.44 Mn |
| Jun 30, 2022 | 989.38 Mn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 760.33 Mn |