InsiderClue
Stocks · Consumer discretionary · Motor Vehicles & Passenger Car Bodies

XPENG INC.

XPEV Clue Score61
Cayman Islands Fiscal year ends December CIK 0001810997
$9.90 +3.66% Close, 9 Oct 2026
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Price $9.90 −73.54% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Aug 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue0.01Operating income−1.69Net income−1.40Fiscal year 2019Revenue2.32 +23,815.3%Operating income−3.78Net income−3.69Fiscal year 2020Revenue5.84 +151.8%Operating income−4.29Net income−2.73EPS, diluted−6.48Fiscal year 2021Revenue20.99 +259.1%Operating income−6.58Net income−4.86EPS, diluted−2.96Fiscal year 2022Revenue26.86 +28.0%Operating income−8.71Net income−9.14EPS, diluted−5.34Fiscal year 2023Revenue30.68 +14.2%Operating income−10.89Net income−10.38EPS, diluted−5.96Fiscal year 2024Revenue40.87 +33.2%Operating income−6.66Net income−5.79EPS, diluted−3.06Fiscal year 2025Revenue76.72 +87.7%Operating income−2.77Net income−1.14EPS, diluted−0.60
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.01 2.32 5.84 20.99 26.86 30.68 40.87 76.72
Growth +23,815.3% +151.8% +259.1% +28.0% +14.2% +33.2% +87.7%
Operating income −1.69 −3.78 −4.29 −6.58 −8.71 −10.89 −6.66 −2.77
Net income −1.40 −3.69 −2.73 −4.86 −9.14 −10.38 −5.79 −1.14
Growth
EPS, diluted n/a n/a −6.48 −2.96 −5.34 −5.96 −3.06 −0.60

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin−24.3%Operating margin−17,459.7%Net margin−14,411.9%Free cash flow margin−24,140.3%Fiscal year 2019Gross margin−24.0%Operating margin−162.9%Net margin−159.0%Free cash flow margin−232.4%Fiscal year 2020Gross margin4.6%Operating margin−73.5%Net margin−46.7%Free cash flow margin−16.2%Fiscal year 2021Gross margin12.5%Operating margin−31.3%Net margin−23.2%Free cash flow margin−16.2%Fiscal year 2022Gross margin11.5%Operating margin−32.4%Net margin−34.0%Free cash flow margin−46.6%Fiscal year 2023Gross margin1.5%Operating margin−35.5%Net margin−33.8%Free cash flow margin−3.7%Fiscal year 2024Gross margin14.3%Operating margin−16.3%Net margin−14.2%Free cash flow margin−10.4%Fiscal year 2025Gross margin18.9%Operating margin−3.6%Net margin−1.5%Free cash flow margin6.7%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −24.3% −24.0% 4.6% 12.5% 11.5% 1.5% 14.3% 18.9%
Operating margin −17,459.7% −162.9% −73.5% −31.3% −32.4% −35.5% −16.3% −3.6%
Net margin −14,411.9% −159.0% −46.7% −23.2% −34.0% −33.8% −14.2% −1.5%
Free cash flow margin −24,140.3% −232.4% −16.2% −16.2% −46.6% −3.7% −10.4% 6.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−1.57Capital expenditure−0.77Free cash flow−2.34Fiscal year 2019Operating cash flow−3.56Capital expenditure−1.83Free cash flow−5.39Fiscal year 2020Operating cash flow−0.14Capital expenditure−0.81Free cash flow−0.95Fiscal year 2021Operating cash flow−1.09Capital expenditure−2.30Free cash flow−3.39Fiscal year 2022Operating cash flow−8.23Capital expenditure−4.28Free cash flow−12.51Fiscal year 2023Operating cash flow0.96Capital expenditure−2.10Free cash flow−1.14Fiscal year 2024Operating cash flow−2.01Capital expenditure−2.23Free cash flow−4.24Fiscal year 2025Operating cash flow8.26Capital expenditure−3.16Free cash flow5.10
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −1.57 −3.56 −0.14 −1.09 −8.23 0.96 −2.01 8.26
Capital expenditure −0.77 −1.83 −0.81 −2.30 −4.28 −2.10 −2.23 −3.16
Free cash flow −2.34 −5.39 −0.95 −3.39 −12.51 −1.14 −4.24 5.10
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash1.63Shareholders’ equity−2.19Fiscal year 2019Cash1.95Total debt1.75Net cash (debt)0.20Shareholders’ equity−6.83Fiscal year 2020Cash29.21Total debt1.69Net cash (debt)27.52Shareholders’ equity34.43Debt to equity0.05Fiscal year 2021Cash11.02Total debt1.68Net cash (debt)9.35Shareholders’ equity42.15Debt to equity0.04Fiscal year 2022Cash14.61Total debt5.37Net cash (debt)9.23Shareholders’ equity36.91Debt to equity0.15Fiscal year 2023Cash21.13Total debt7.01Net cash (debt)14.11Shareholders’ equity36.33Debt to equity0.19Fiscal year 2024Cash18.59Total debt7.52Net cash (debt)11.06Shareholders’ equity31.27Debt to equity0.24Fiscal year 2025Cash17.33Total debt8.43Net cash (debt)8.90Shareholders’ equity30.37Debt to equity0.28
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.63 1.95 29.21 11.02 14.61 21.13 18.59 17.33
Total debt n/a 1.75 1.69 1.68 5.37 7.01 7.52 8.43
Net cash (debt) n/a 0.20 27.52 9.35 9.23 14.11 11.06 8.90
Shareholders’ equity −2.19 −6.83 34.43 42.15 36.91 36.33 31.27 30.37
Debt to equity n/a n/a 0.05 0.04 0.15 0.19 0.24 0.28

In billions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−24.3% −24.0% 4.6% 12.5% 11.5% 1.5% 14.3% 18.9%
−17,459.7% −162.9% −73.5% −31.3% −32.4% −35.5% −16.3% −3.6%
−14,411.9% −159.0% −46.7% −23.0% −34.0% −33.9% −14.3% −1.5%
−14,411.9% −159.0% −46.7% −23.2% −34.0% −33.8% −14.2% −1.5%
−24,140.3% −232.4% −16.2% −16.2% −46.6% −3.7% −10.4% 6.7%
Spending
10,830.6% 89.2% 29.5% 19.6% 19.4% 17.2% 15.8% 12.4%
6,620.0% 50.2% 50.0% 25.3% 24.9% 21.4% 16.8% 12.3%
7,936.7% 78.9% 13.8% 11.0% 15.9% 6.8% 5.4% 4.1%
Returns
n/a n/a −7.9% −11.5% −24.8% −28.6% −18.5% −3.8%
n/a −39.9% −6.1% −7.4% −12.8% −12.3% −7.0% −1.1%
Balance and payout
n/a n/a 0.05 0.04 0.15 0.19 0.24 0.28
n/a 69.1% 23.0% 35.8% 48.4% 56.8% 62.2% 70.6%

Shown in CNY as filed; the screener converts to dollars.