XPENG INC. (XPEV)
Operating within the People's Republic of China, XPeng Inc. is an innovator in the electric vehicle (EV) sector, focusing on the creation and sale of intelligent, connected automobiles. It handles the entire process from conceptualization to market distribution. Its diverse lineup caters to various consumer needs, featuring SUV models like the G3 and G3i, the P7 performance-oriented sports sedan, and the P5, designed as a family-friendly sedan. Beyond manufacturing vehicles, XPeng supports its customers with a comprehensive ecosystem of services. These encompass sales and financial solutions (including contracts, leasing, and loan referrals), vehicle upkeep (maintenance and super charging), and a range of digital and convenience offerings such as insurance agency, ride-hailing, technical assistance, and music subscriptions. The company was established in 2015, with its headquarters located in Guangzhou, China.
Sector: Motor Vehicles & Passenger Car Bodies
Industry: Auto - Manufacturers
XPeng Inc.
NYSE:XPEVConsumer Cyclical · Auto - Manufacturers
+1.54%$9.21
AH Close$9.23+0.22%vs close
AH Close$9.23+0.22%vs close
Mkt Cap$8.82B
Float939.58M
O/S957.98M
Inst Own13.4%
SI5.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$11.5B
Net Income-$170.83M
Total Assets$15.47B
Free Cash Flow$736.33M
Debt & Equity
Debt 39%
Equity 61%
Total Debt$2.93B
Total Equity$4.55B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in XPEV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$15.47B
Liabilities$10.91B
Accounts Receivable$1.37B
Accounts Payable$2.7B
Inventory$1.56B
PP&E (Net)$2.59B
Goodwill$5.11M
Intangible Assets$1.12B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $11.5B | $6.13B | $4.6B | $4.03B | $3.15B | $876.18M | $348M | $1.46M |
| YoY Growth | 87.7% | 33.2% | 14.2% | 28.0% | 259.1% | 151.8% | 23815.3% | - |
| Cost of Revenue | $9.33B | $5.25B | $4.53B | $3.56B | $2.75B | $836.3M | $431.67M | $1.81M |
| Gross Profit | $2.17B | $876.4M | $67.64M | $463.01M | $393.17M | $39.88M | -$83.68M | -$354K |
| Gross Margin | 18.9% | 14.3% | 1.5% | 11.5% | 12.5% | 4.6% | -24.0% | -24.3% |
| Research and Development | $1.42B | $967.99M | $791.06M | $781.81M | $616.81M | $258.75M | $310.36M | $157.6M |
| Selling, General, and Administrative | $1.41B | $1.03B | $983.31M | $1B | $795.39M | $437.86M | $174.59M | $96.33M |
| Other | -$264.07M | -$123.45M | -$74.2M | -$16.37M | -$32.64M | -$13.02M | -$1.84M | -$223K |
| Total Operating Expenses | $2.57B | $1.87B | $1.7B | $1.77B | $1.38B | $683.59M | $483.11M | $253.7M |
| Operating Income (EBIT) | -$397.9M | -$998.19M | -$1.63B | -$1.31B | -$986.38M | -$643.72M | -$566.78M | -$254.06M |
| Operating Margin | -3.5% | -16.3% | -35.5% | -32.4% | -31.3% | -73.5% | -162.9% | -17459.7% |
| Interest Expense | $56.96M | $51.57M | $40.28M | $19.82M | $8.3M | $3.37M | $4.8M | $873K |
| Interest Income | $174.39M | $206.07M | $188.92M | $158.73M | $111.4M | $19.94M | $13.32M | $9.8M |
| Other Income (Expense) | $229.11M | $119.65M | $82.53M | -$61.27M | $261.2M | $234.32M | $13.33M | $44.35M |
| Income Before Tax (EBT) | -$168.79M | -$878.54M | -$1.55B | -$1.37B | -$725.18M | -$409.39M | -$553.45M | -$209.71M |
| Income Tax Expense | $2.04M | -$10.46M | $5.52M | $3.71M | $3.9M | $183K | $150 | $0 |
| Net Income | -$170.83M | -$868.07M | -$1.56B | -$1.37B | -$729.07M | -$409.58M | -$553.45M | -$209.71M |
| Net Income Margin | -1.5% | -14.2% | -33.8% | -34.0% | -23.2% | -46.7% | -159.0% | -14411.9% |
| Supplementary Data | ||||||||
| EPS | -2.40 | -6.12 | -11.92 | -10.68 | -5.92 | -6.42 | -6.16 | -3.12 |
| Diluted EPS | -2.40 | -6.12 | -11.92 | -10.68 | -5.92 | -6.42 | -6.16 | -3.12 |
| Weighted Average OS | 476.00M | 945.68M | 870.46M | 856.27M | 821.45M | 855.26M | 855.26M | 855.26M |
| EBITDA | $331.48M | -$436.92M | -$1.2B | -$1.14B | -$591.28M | -$340.37M | -$514.67M | -$194.5M |
| EBITDA Margin | 2.9% | -7.1% | -26.1% | -28.2% | -18.8% | -38.8% | -147.9% | -13366.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $2.6B | $2.79B | $3.17B | $2.19B | $1.65B | $4.38B | $291.88M | $243.9M |
| Short-Term Investments | $2.64B | $2.12B | $2.64B | $2.49B | $4.3B | $569.79M | $61.14M | $450.7M |
| Cash and Short-Term Investments | $5.24B | $4.91B | $5.8B | $4.68B | $5.95B | $4.95B | $353.03M | $694.6M |
| Accounts Receivable | $1.37B | $1.1B | $926.57M | $991.33M | $623.12M | $192.64M | $87.71M | $163.06M |
| Inventory | $1.56B | $833.99M | $828.49M | $677.84M | $399.07M | $201.35M | $68.08M | $25.39M |
| Other Current Assets | $1.13B | $544.38M | $535.85M | $74.25M | $136.58M | $605.87M | $234.88M | $186.63M |
| Total Current Assets | $9.48B | $7.46B | $8.17B | $6.53B | $7.32B | $5.95B | $743.7M | $915.87M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $2.59B | $1.92B | $1.88B | $1.89B | $1.05B | $531.12M | $551.29M | $184.4M |
| Goodwill | $5.11M | $5.11M | $5.11M | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.12B | $1.1B | $1.16B | $568.32M | $446.97M | $128.59M | $55.95M | $46.39M |
| Long-Term Investments | $1.02B | $967.32M | $767.64M | $344.07M | $232.25M | $150K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $59.59M | $0 | $0 |
| Other Long-Term Assets | $1.25B | $950.44M | $632.48M | $1.39B | $792.05M | $34.28M | $36.03M | $3.71M |
| Total Long-Term Assets | $5.98B | $4.94B | $4.44B | $4.19B | $2.52B | $753.72M | $643.26M | $234.5M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $15.47B | $12.4B | $12.62B | $10.72B | $9.84B | $6.7B | $1.39B | $1.15B |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $2.7B | $2.28B | $3.33B | $2.13B | $1.85B | $766.35M | $143.02M | $32.22M |
| Short-Term Debt | $1.1B | $969.64M | $868.76M | $476.9M | $15.98M | $25.92M | $71.95M | $29.98M |
| Current Income Tax Payable | $0 | $67.48M | $53.37M | $11.81M | $14.47M | $181K | $0 | $0 |
| Current Unearned Revenue | $264.44M | $247.76M | $109.63M | $75.41M | $93.93M | $25.34M | $8.07M | $5.47M |
| Other Current Liabilities | $614.96M | $434.68M | $372.19M | $274.6M | $231.07M | $228.17M | $169.59M | $34.2M |
| Total Current Liabilities | $8.71B | $5.98B | $5.41B | $3.62B | $2.7B | $1.17B | $494.39M | $145.87M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $1.01B | $1.05B | $1.04B | $955.91M | $507.2M | $246.62M | $253.36M | $149.92M |
| Long-Term Unearned Revenue | $211.5M | $153.6M | $118.66M | $151.76M | $97.91M | $0 | $17.38M | $228K |
| Long-Term Deferred Tax Liabilities | $49.53M | $51.26M | $60.57M | $0 | $0 | $0 | $1.59B | $1.14B |
| Other Long-Term Liabilities | $179.5M | $164.26M | $199.61M | $63.69M | $39.89M | $66.3M | $0 | $9K |
| Total Long-Term Liabilities | $2.2B | $1.73B | $1.76B | $1.57B | $823.37M | $365.76M | $1.92B | $1.33B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.91B | $7.71B | $7.17B | $5.18B | $3.52B | $1.54B | $2.41B | $1.48B |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $1.59B | $1.05B |
| Common Stock | $19K | $19K | $19K | $17K | $17K | $15K | $3K | $3K |
| Retained Earnings | -$6.41B | -$6.23B | -$5.36B | -$3.8B | -$2.43B | -$1.7B | -$1.02B | -$327.16M |
| Comprehensive Income & Other | $284.87M | $328.1M | $283.45M | $232.44M | -$246.24M | -$109.5M | -$892K | -$447K |
| Other Stockholders' Equity | $10.96B | $10.92B | $10.81B | $9.33B | $8.75B | $6.86B | -$892K | -$447K |
| Total Equity | $4.55B | $4.69B | $5.45B | $5.53B | $6.32B | $5.16B | -$1.02B | -$327.61M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $15.47B | $12.4B | $12.62B | $10.72B | $9.84B | $6.7B | $1.39B | $1.15B |
| Supplementary Data | ||||||||
| Total Debt | $2.93B | $2.39B | $2.31B | $1.92B | $757.54M | $343.31M | $393.1M | $232.52M |
| Net Debt | $333.43M | -$396.96M | -$860M | -$266.73M | -$895.31M | -$4.04B | $101.22M | -$11.38M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | -$170.83M | -$868.07M | -$1.56B | -$1.37B | -$729.07M | -$409.58M | -$553.45M | -$209.71M |
| Depreciation & Amortization | $447.95M | $385.69M | $315.92M | $211.49M | $125.6M | $65.66M | $33.98M | $14.34M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$102.11M | -$190.57M | $23.76M | -$31.82M |
| Stock-Based Compensation | $84.6M | $71.01M | $82.54M | $106.52M | $56.96M | $149.38M | $78K | $244K |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$416.34M | -$279.67M | $170.67M | -$181.51M | -$233.99M | -$89.34M | -$75.65M | -$5.31M |
| Inventory | -$865.35M | -$158.95M | -$353.62M | -$371.17M | -$290.88M | -$147.15M | -$59.11M | -$20.67M |
| Accounts Payable | $422.79M | $130.44M | $1.19B | $278.95M | $1.09B | $623.34M | $110.8M | $26.51M |
| Other Working Capital | $1.74B | $241.74M | $92.39M | -$132.47M | -$24.84M | -$12.85M | -$4.51M | -$980K |
| Total Working Capital Change | $883.86M | -$66.44M | $1.1B | -$406.2M | $537.28M | $374M | -$28.48M | -$448K |
| Other Non-Cash Items | -$7.47M | $176.13M | $198.24M | $224.11M | -$52.76M | -$9.85M | -$10.01M | -$8.38M |
| Net Cash from Operating | $1.24B | -$301.69M | $143.35M | -$1.23B | -$164.1M | -$20.95M | -$534.13M | -$235.78M |
| Investing Activities | ||||||||
| Capital Expenditures | -$473.13M | -$333.74M | -$314.28M | -$701.61M | -$647.36M | -$204.25M | -$286.1M | -$151.33M |
| Acquisitions | $0 | $0 | $102.58M | $0 | -$298.98M | $2.4M | $0 | $0 |
| Purchases of Investments | -$689.69M | -$469.01M | -$497.36M | -$665.81M | -$4.36B | -$498.95M | $0 | -$393.3M |
| Sales of Investments | $193.2M | $785.95M | $894.35M | $2.06B | $44.28M | -$79.73M | $399.56M | $0 |
| Other Investing Activities | -$129.96M | -$171.37M | -$90.66M | $36.48M | $301.07M | $119.96M | -$2.48M | $374K |
| Net Cash from Investing | -$1.1B | -$188.16M | $94.62M | $726.51M | -$4.96B | -$660.57M | $110.98M | -$544.26M |
| Financing Activities | ||||||||
| Debt Repaid | -$77.17M | -$104.46M | -$449.11M | -$900.37M | -$227.46M | $52.78M | -$130.72M | -$131.93M |
| Common Stock Issuance | $0 | $0 | $752.54M | $0 | $1.97B | $4.11B | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$8.25M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$4.12M | $0 | -$274K | -$5.54M | $0 | $14.69M | $877.66M |
| Net Cash from Financing | $77.17M | $100.34M | $1.2B | $900.09M | $2.19B | $5.15B | $538.75M | $1.01B |
| Forex Effect | $33.38M | $5.36M | -$2.19M | $69.22M | -$54.46M | -$97.46M | $768K | -$2.22M |
| Net Change in Cash | $249.08M | -$384.15M | $1.44B | $461.63M | -$2.98B | $4.37B | $116.37M | $227.33M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $1.24B | -$301.69M | $143.35M | -$1.23B | -$164.1M | -$20.95M | -$534.13M | -$235.78M |
| Capital Expenditure | -$501.79M | -$364M | -$346.54M | -$701.61M | -$647.36M | -$204.25M | -$286.1M | -$151.33M |
| Free Cash Flow | $736.33M | -$665.69M | -$203.19M | -$1.94B | -$811.46M | -$225.21M | -$820.23M | -$387.11M |
| Cash at Beginning | $3.26B | $3.64B | $2.21B | $1.74B | $4.73B | $360.97M | $244.6M | $17.26M |
| Cash at End | $3.51B | $3.26B | $3.64B | $2.21B | $1.74B | $4.73B | $360.97M | $244.6M |