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XPeng Inc.

XPeng Inc.XPEV Gross Margin

Percentage of revenue retained after cost of goods sold.

Gross Margin

Latest: 20.7% (2026Q2)

Period Value
2023Q1 1.7%
2023Q2 -3.9%
2023Q3 -2.7%
2023Q4 6.2%
2024Q1 12.9%
2024Q2 14.0%
2024Q3 15.3%
2024Q4 14.4%
2025Q1 15.6%
2025Q2 17.3%
2025Q3 20.1%
2025Q4 21.3%
2026Q1 20.6%
2026Q2 20.7%

Latest Gross Margin: 20.7% (2026Q2); +3.4 pp YoY.

Across the 14 quarters from 2023Q1 to 2026Q2, Gross Margin ranged from -3.9% in 2023Q2 to 21.3% in 2025Q4.

Other XPEV Charts

More quarter-by-quarter fundamentals for XPeng Inc.

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Consumer Comparison

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