Xpeng reported revenue of $1889.50M and net income of -$258.64M for the quarter ended Mar 2026, down 13.3% year over year. This income statement covers 28 quarters of results from Dec 2018 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2018 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||
| Revenue | 582.55M | 887.72M | 1,342.62M | 1,175.99M | 1,110.22M | 959.23M | 722.75M | 587.31M | 698.18M | 1,169.07M | 1,838.12M | 906.90M | 1,116.17M | 1,439.48M | 2,242.08M | 2,178.76M | 2,551.01M | 2,862.90M | 3,137.62M | 1,889.50M | ||||||||
| Cost of RevenueCost of Rev | 513.07M | 760.33M | 1,182.05M | 1,032.32M | 989.38M | 829.44M | 660.18M | 577.55M | 725.40M | 1,200.31M | 1,724.10M | 790.04M | 959.88M | 1,219.83M | 1,918.44M | 1,839.83M | 2,108.87M | 2,286.37M | 2,469.06M | 1,500.61M | ||||||||
| Gross Profit | 69.48M | 127.39M | 160.58M | 143.66M | 120.83M | 129.79M | 62.58M | 9.76M | -27.22M | -31.25M | 114.01M | 116.86M | 156.29M | 219.65M | 323.65M | 338.93M | 442.14M | 576.52M | 668.56M | 388.89M | ||||||||
| Operating items | ||||||||||||||||||||||||||||
| Research & DevelopmentR&D | -133.74M | -196.21M | -227.75M | -192.65M | -188.85M | -210.66M | -172.95M | -188.69M | -188.53M | -178.98M | -184.19M | -187.03M | -201.83M | -232.71M | -279.33M | -272.95M | -307.97M | -341.18M | -405.25M | -421.43M | ||||||||
| Selling, General & AdministrativeSG&A | -159.65M | -238.76M | -316.26M | -258.95M | -248.50M | -228.63M | -246.87M | -201.91M | -212.88M | -231.93M | -272.75M | -192.30M | -216.53M | -232.73M | -316.77M | -268.18M | -302.54M | -350.18M | -393.69M | -273.04M | ||||||||
| Other Operating ExpensesOther Opex | 24.25M | 2.29M | -23.11M | 28.49M | -16.29M | 4.75M | -10.37M | 5.74M | 7.41M | |||||||||||||||||||
| Operating ExpensesOpex | -293.39M | -434.97M | -544.02M | -451.60M | -437.36M | -439.29M | -419.82M | -390.60M | -401.41M | -410.92M | -456.94M | -379.33M | -418.37M | -465.44M | -540.27M | -482.45M | -572.61M | -682.02M | -674.80M | -660.63M | ||||||||
| Operating IncomeOp. Inc | -223.52M | -279.77M | -381.27M | -302.95M | -312.14M | -306.01M | -353.96M | -376.46M | -426.16M | -433.23M | -289.17M | -227.97M | -221.41M | -263.21M | -216.62M | -143.51M | -130.47M | -105.50M | -6.24M | -271.74M | ||||||||
| EBIT | -223.52M | -278.65M | -381.27M | -302.59M | -312.14M | -306.01M | -353.96M | -377.91M | -426.16M | -436.98M | -289.17M | -230.18M | -221.41M | -263.21M | -216.62M | -143.27M | -130.47M | -104.93M | -6.24M | -270.62M | ||||||||
| Non-operating items | ||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -3.72M | -2.54M | -2.17M | -3.13M | -3.33M | -5.48M | -7.18M | -9.12M | -9.24M | -9.01M | -10.31M | -11.79M | -11.20M | -11.89M | -13.09M | -17.77M | -10.49M | -13.96M | -10.78M | -23.92M | ||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 555.15M | 847.39M | 1,284.75M | 1,104.04M | 1,035.89M | 877.37M | -14.45M | -524.28M | -662.58M | -1140.34M | -26.10M | 767.89M | -4.93M | -30.89M | 2,042.45M | 1,980.14M | 2,356.87M | 2,536.00M | 37.41M | 24.52M | ||||||||
| Interest & Investment IncomeInt & Inv Inc | 23.24M | 30.09M | 116.60M | 35.96M | 39.94M | 40.76M | 153.51M | 43.65M | 41.87M | 43.04M | 177.49M | 55.21M | 49.08M | 45.32M | 188.31M | 40.13M | 43.03M | 42.26M | 166.34M | 37.28M | ||||||||
| Other Non Operating IncomeOther Non Op Inc. | 6.94M | 4.68M | 55.46M | 4.99M | -140.09M | -77.43M | 5.31M | 0.30M | 2.47M | -133.20M | 3.85M | -1.79M | 2.86M | 6.78M | 13.10M | 2.79M | 19.92M | 3.63M | -1.83M | -21.56M | ||||||||
| Net income details | ||||||||||||||||||||||||||||
| EBT | -185.01M | -247.46M | -197.96M | -267.91M | -268.88M | -259.77M | -193.27M | -324.94M | -375.04M | -384.48M | -101.36M | -162.53M | -161.13M | -206.00M | -15.23M | -85.47M | -76.95M | -49.02M | 170.88M | -209.67M | ||||||||
| Tax ProvisionsTaxes | -0.05M | -4.03M | -0.38M | -1.75M | -2.96M | 1.47M | -0.90M | -1.13M | -0.09M | -3.06M | -0.15M | 4.65M | -1.00M | 6.14M | -1.10M | 1.31M | 1.00M | -3.12M | -1.34M | |||||||||
| Profit After TaxPAT | -185.01M | -247.51M | -201.99M | -268.29M | -403.23M | -334.04M | -331.99M | -340.29M | -386.78M | -532.70M | -189.81M | -189.45M | -176.78M | -257.60M | -185.15M | -91.51M | -66.69M | -53.50M | 54.03M | -258.64M | ||||||||
| Equity Income | -0.50M | 0.40M | 0.65M | 0.14M | 6.74M | -0.40M | 1.10M | -0.84M | 3.69M | -3.62M | -3.40M | -1.00M | 6.12M | 0.80M | -1.60M | -1.72M | ||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 15.20M | 15.94M | 13.90M | 27.22M | 35.86M | 21.47M | 20.92M | 18.15M | 19.21M | 17.04M | 23.20M | 18.66M | 11.23M | 16.24M | 20.00M | 16.54M | 17.49M | 21.80M | ||||||||||
| Other IncomeOther Inc. | -142.29M | -80.52M | -2.45M | 0.30M | 5.88M | 0.82M | 6.53M | -1.81M | -14.62M | 17.98M | ||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -185.01M | -246.43M | -193.92M | -267.21M | -267.12M | -256.82M | -194.74M | -324.04M | -373.91M | -384.38M | -98.30M | -162.38M | -165.78M | -205.00M | -21.36M | -84.37M | -78.27M | -50.01M | 174.00M | -208.34M | ||||||||
| Consolidated Net IncomeConsol Net Inc. | -185.01M | -246.43M | -193.92M | -267.21M | -267.12M | -256.82M | -194.74M | -324.04M | -373.91M | -384.38M | -98.30M | -162.38M | -165.78M | -205.00M | -21.36M | -84.37M | -78.27M | -50.01M | 174.00M | -208.34M | ||||||||
| Income towards Parent CompanyParent Net Inc | -169.81M | -231.57M | -187.43M | -241.07M | -373.72M | -312.57M | -311.07M | -322.14M | -381.22M | -382.46M | -246.02M | -195.05M | -168.53M | -218.25M | -193.64M | -58.68M | -53.27M | -21.33M | 54.03M | -258.64M | ||||||||
| Preferred Dividend PaymentsPref Dividends | ||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -185.01M | -247.51M | -201.99M | -268.29M | -403.23M | -334.04M | -331.99M | -340.29M | -386.78M | -532.70M | -189.81M | -189.45M | -176.78M | -257.60M | -185.15M | -91.51M | -66.69M | -53.50M | 30.60M | -298.42M | ||||||||
| Additional items | ||||||||||||||||||||||||||||
| EPS (Basic) | -0.49 | -0.66 | -0.25 | -0.33 | -0.49 | -0.41 | -0.39 | -0.40 | -0.45 | -0.62 | -0.22 | -0.22 | -0.20 | -0.30 | -0.20 | -0.10 | -0.07 | -0.06 | 0.03 | -0.31 | ||||||||
| EPS (Diluted) | -0.49 | -0.66 | -0.25 | -0.33 | -0.49 | -0.41 | -0.39 | -0.40 | -0.45 | -0.62 | -0.22 | -0.22 | -0.20 | -0.30 | -0.20 | -0.10 | -0.07 | -0.06 | 0.03 | -0.31 | ||||||||
| Shares Outstanding | 377.14M | 377.14M | 821.45M | 821.45M | 821.45M | 821.45M | 856.27M | 856.27M | 856.27M | 856.27M | 870.46M | 870.46M | 870.46M | 870.46M | 945.68M | 945.68M | 945.68M | 945.68M | 951.99M | 951.99M | ||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 377.14M | 377.14M | 821.45M | 821.45M | 821.45M | 821.45M | 856.27M | 856.27M | 856.27M | 856.27M | 870.46M | 870.46M | 870.46M | 870.46M | 945.68M | 945.68M | 945.68M | 945.68M | 951.99M | 951.99M | ||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 856.38M | 862.70M | 943.41M | 950.21M | 955.83M | |||||||||||||||||||||||
| EBITDA | -223.52M | -278.65M | -381.27M | -302.59M | -312.14M | -306.01M | -353.96M | -377.91M | -426.16M | -436.98M | -289.17M | -230.18M | -221.41M | -263.21M | -216.62M | -143.27M | -130.47M | -104.93M | -6.24M | -270.62M | ||||||||
| Interest ExpensesInt Expense | -3.72M | -2.53M | -2.17M | -3.13M | -3.33M | -5.48M | -7.18M | -9.16M | -9.24M | -9.09M | -10.31M | -11.90M | -11.20M | -11.89M | -13.09M | -17.74M | -10.49M | -13.88M | -10.78M | -23.82M | ||||||||
| Tax Rate | 0.02% | 2.04% | 0.14% | 0.65% | 1.14% | -0.76% | 0.28% | 0.30% | 0.02% | 3.02% | 0.09% | -2.88% | 0.49% | -40.31% | 1.29% | -1.71% | -2.04% | -1.83% | 0.64% |