← XPENG INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | — | $9.7m | $2.3b | $895.7m | $21.0b | $26.9b | $30.7b | $40.9b | $76.7b | |
| Cost of Revenue | — | ($12.1m) | $2.0b | $854.9m | $18.4b | $23.8b | $26.3b | $35.0b | $62.2b | |
| Total cost of sales | — | ($12.1m) | ($2.9b) | ($854.9m) | ($18.4b) | ($23.8b) | ($30.2b) | ($35.0b) | ($62.2b) | |
| Gross Profit | — | ($2.4m) | ($558.1m) | $40.8m | $2.6b | $3.1b | $451.2m | $5.8b | $14.5b | |
| Operating Expenses | — | — | $3.2b | $712.1m | $9.4b | $11.9b | $11.8b | $13.3b | $17.2b | |
| Total operating expenses, net | — | ($1.7b) | ($3.2b) | ($712.1m) | ($9.4b) | ($11.9b) | ($11.8b) | ($13.3b) | ($17.2b) | |
| Operating Income (Loss) | — | ($1.7b) | ($3.8b) | ($658.0m) | ($6.6b) | ($8.7b) | ($10.9b) | ($6.7b) | ($2.8b) | |
| Additional Financial Items | ||||||||||
| Income (Loss) from Equity Method Investments | — | — | — | $0 | $0 | $4.1m | $54.7m | ($29.1m) | $30.9m | |
| Investment Income, Interest | — | $65.4m | $88.8m | $20.4m | $743.0m | $1.1b | $1.3b | $1.4b | $1.2b | |
| Amortization of Intangible Assets | — | — | $7.7m | $3.1m | $25.9m | $65.7m | $230.5m | $537.7m | $567.4m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | $8.4m | $12.4m | $313.6m | ($1.5b) | $97.1m | ($49.5m) | $286.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | ($1.5b) | |
| Other income, net | — | $1.5m | $12.3m | $13.3m | $217.7m | $109.2m | $465.6m | $589.2m | $1.8b | |
| Fair value gain (loss) on derivative liability relating to the contingent consideration | — | — | — | — | $0 | $0 | $29.3m | $234.2m | ($117.3m) | |
| Loss from operations | — | ($1.7b) | ($3.8b) | ($658.0m) | ($6.6b) | ($8.7b) | ($10.9b) | ($6.7b) | ($2.8b) | |
| Interest income | — | $65.4m | $88.8m | $20.4m | $743.0m | $1.1b | $1.3b | $1.4b | $1.2b | |
| Fair value loss on derivative liability | — | $254.4m | $27.7m | $208.7m | $79.3m | $59.4m | ($410.4m) | $0 | $0 | |
| Investment (loss) gain on long-term investments | — | — | — | — | $591.5m | $25.1m | ($224.4m) | ($262.0m) | $500.5m | |
| Exchange gain (loss) from foreign currency transactions | — | — | — | $81.2m | $313.6m | ($1.5b) | $97.1m | ($49.5m) | $286.0m | |
| Other non-operating income, net | — | ($18.1m) | $4.4m | $13.8m | $383.8m | $36.3m | $41.9m | $108.2m | $44.8m | |
| Share of results of equity method investees | — | — | — | $0 | $0 | $4.1m | $54.7m | ($29.1m) | $30.9m | |
| Net loss | — | ($1.4b) | ($3.7b) | ($418.7m) | ($4.9b) | ($9.1b) | ($10.4b) | ($5.8b) | ($1.1b) | |
| Net loss attributable to ordinary shareholders of XPeng Inc. | — | ($2.3b) | ($4.6b) | ($749.4m) | ($4.9b) | ($9.1b) | ($10.4b) | ($5.8b) | ($1.1b) | |
| Foreign currency translation adjustment, net of tax | — | ($3.0m) | ($3.0m) | ($111.0m) | ($918.2m) | $3.2b | $286.6m | $262.9m | ($331.1m) | |
| Comprehensive loss attributable to ordinary shareholders of XPeng Inc. | — | ($2.3b) | ($4.6b) | ($5.6b) | ($5.8b) | ($5.9b) | ($10.1b) | ($5.5b) | ($1.5b) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | ($4.8b) | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | $254.4m | $27.7m | $208.7m | $79.3m | $59.4m | ($410.4m) | $0 | $0 | |
| Total comprehensive loss attributable to XPeng Inc. | — | ($1.4b) | ($3.7b) | ($3.5b) | ($5.8b) | ($5.9b) | ($10.1b) | ($5.5b) | ($1.5b) | |
| Net Income (Loss) Attributable to Parent | — | ($1.4b) | ($3.7b) | ($418.7m) | ($4.9b) | ($9.1b) | ($10.4b) | ($5.8b) | ($1.1b) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($2.3b) | ($4.6b) | ($749.4m) | ($4.9b) | ($9.1b) | ($10.4b) | ($5.8b) | ($1.1b) | |
| Earnings Per Share, Basic | — | — | — | ($6.48) | ($2.96) | ($5.34) | ($5.96) | $3.06 | ($0.60) | |
| Earnings Per Share, Diluted | — | ($6.83) | ($13.29) | ($0.99) | ($2.96) | ($5.34) | ($5.96) | $3.06 | ($0.60) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 754.3m | 1.6b | 1.7b | 1.7b | 1.9b | 1.9b | |
| Weighted average number of ordinary shares, Basic | — | — | — | $754,270,914.00 | $1,642,906,400.00 | $1,712,533,564.00 | $1,740,921,519.00 | $1,891,357,212.00 | $1,903,989,310.00 | |
| Weighted average number of ordinary shares, Diluted | — | — | — | $754,270,914.00 | $1,642,906,400.00 | $1,712,533,564.00 | $1,740,921,519.00 | $1,891,357,212.00 | $1,903,989,310.00 | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 754.3m | 1.6b | 1.7b | 1.7b | 1.9b | 1.9b | |
| Research and Development Expense | — | — | $2.1b | $264.5m | $4.1b | $5.2b | $5.3b | $6.5b | $9.5b | |
| Research and development expenses | — | ($1.1b) | ($2.1b) | ($264.5m) | ($4.1b) | ($5.2b) | ($5.3b) | ($6.5b) | ($9.5b) | |
| General and Administrative Expense | — | — | $496.0m | $1.2b | $1.0b | $1.7b | $1.5b | $1.3b | $2.0b | |
| Selling, General and Administrative Expense | — | $642.5m | $1.2b | $447.6m | $5.3b | $6.7b | $6.6b | $6.9b | $9.4b | |
| Selling, general and administrative expenses | — | ($642.5m) | ($1.2b) | ($447.6m) | ($5.3b) | ($6.7b) | ($6.6b) | ($6.9b) | ($9.4b) | |
| Other Nonoperating Income (Expense) | — | ($18.1m) | $4.4m | $13.8m | $383.8m | $36.3m | $41.9m | $108.2m | $44.8m | |
| Operating Lease, Expense | — | — | — | — | — | $22.8m | $40.2m | $0 | $0 | |
| Other Cost and Expense, Operating | — | — | — | — | $132.9m | — | — | — | — | |
| Selling and Marketing Expense | — | — | $668.6m | $1.7b | $4.3b | $5.0b | $5.0b | $5.5b | $7.4b | |
| Interest Expense | — | — | $32.0m | $3.4m | $55.3m | $132.2m | $268.7m | $344.0m | $379.9m | |
| Interest expenses | — | ($5.8m) | ($32.0m) | ($3.4m) | ($55.3m) | ($132.2m) | ($268.7m) | ($344.0m) | ($379.9m) | |
| Current Income Tax Expense (Benefit) | — | — | $1k | $1.2m | $26.0m | $24.7m | $18.0m | $22.3m | $33.4m | |
| Loss before income tax (expenses) benefit and share of results of equity method investees | — | ($1.4b) | ($3.7b) | ($418.5m) | ($4.8b) | ($9.1b) | ($10.4b) | ($5.8b) | ($1.2b) | |
| Income tax (expenses) benefit | — | $0 | ($1k) | ($187k) | ($26.0m) | ($24.7m) | ($36.8m) | $69.8m | ($13.6m) | |
| Income Tax Expense (Benefit) | — | — | $1k | $187k | $26.0m | $24.7m | $36.8m | ($69.8m) | $13.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.