Xpeng (XPNGF) Net Margin (2019 - 2026)
Xpeng's (XPNGF) quarterly Net Margin came in at 6.77% in Q2 2026, down 416.0% year-over-year from 2.14% in Q2 2025, and up 47.64% quarter-over-quarter from 12.93% in Q1 2026.
Powered by 
Analysis
Xpeng (XPNGF) Net Margin (2019 - 2026) Analysis & Trends
Xpeng (XPNGF) has reported Net Margin for 8 consecutive years, with 6.77% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 416.0% year-over-year to 6.77% in Q2 2026; TTM through Jun 2026 was 3.92%, a 322.0% increase from a year earlier, with the FY2025 full-year figure at 1.49%, up 1268.0% from the prior year.
- Net Margin was 6.77% for Q2 2026 at Xpeng, up from 12.93% in the prior quarter.
- Over five years, Net Margin peaked at 2.27% in Q4 2025 and troughed at 57.94% in Q1 2023.
- A 5-year average of 22.12% and a median of 16.87% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 3513 bps in 2023 and jumped 3956 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 45.93% in 2022, then jumped by 78 bps to 10.33% in 2023, then gained by 20 bps to 8.26% in 2024, then soared by 127 bps to 2.27% in 2025, then slumped by 398 bps to 6.77% in 2026.
- The last three Net Margin figures came in at 6.77% (Q2 2026), 12.93% (Q1 2026), and 2.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,191.54 Bn | 1,148.02 Bn | 4.75 Bn | 3.99% |
| 2 | Toyota Motor | 256.51 Bn | 178.52 Bn | 12.27 Bn | 12.16% |
| 3 | Honda Motor | 125.61 Bn | 85.48 Bn | 8.46 Bn | 7.44% |
| 4 | Ford Motor | 79.74 Bn | 48.40 Bn | 6.08 Bn | -2.75% |
| 5 | General Motors | 75.89 Bn | 51.17 Bn | 7.33 Bn | 2.68% |
| 6 | Rivian Automotive | 21.55 Bn | 16.24 Bn | 179.00 Mn | -50.24% |
| 7 | Nio | 8.66 Bn | 2.33 Bn | 870.51 Mn | -2.62% |
| 8 | VinFast Auto | 7.23 Bn | 7.23 Bn | -677,431.76 Bn | -121.41% |
| 9 | Li Auto | 5.98 Bn | -6.51 Bn | 417.98 Mn | -7.71% |
| 10 | Xpeng | 5.26 Bn | 2.95 Bn | 601.83 Mn | -6.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.77% |
| Mar 31, 2026 | -12.93% |
| Dec 31, 2025 | 2.27% |
| Sep 30, 2025 | -1.87% |
| Jun 30, 2025 | -2.61% |
| Mar 31, 2025 | -4.20% |
| Dec 31, 2024 | -8.26% |
| Sep 30, 2024 | -17.90% |
| Jun 30, 2024 | -15.84% |
| Mar 31, 2024 | -20.89% |
| Dec 31, 2023 | -10.33% |
| Sep 30, 2023 | -45.57% |
| Jun 30, 2023 | -55.40% |
| Mar 31, 2023 | -57.94% |
| Dec 31, 2022 | -45.93% |
| Sep 30, 2022 | -34.82% |
| Jun 30, 2022 | -36.32% |
| Mar 31, 2022 | -22.81% |
| Dec 31, 2021 | -15.04% |
| Sep 30, 2021 | -27.88% |