Operating Income for XPeng (XPEV)
According to XPeng's latest reported financial statements, the company's current operating income (TTM) is -$3.64B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

XPEV
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TTM (last 4 quarters)
-$3.64B
YoY change
-35.5%
5Y CAGR
N/A
Peak year (2018)
-$1.69B
Cumulative operating income
-$46.90B
Operating Income history chart for XPeng (XPEV) from 2018 to 2025
Operating Income history table for XPeng (XPEV) from 2018 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$4.30B | -35.5% | ||
| 2024 | -$6.66B | -38.9% | ||
| 2023 | -$10.89B | +25.1% | ||
| 2022 | -$8.71B | +32.3% | ||
| 2021 | -$6.58B | +53.2% | ||
| 2020 | -$4.29B | +13.6% | ||
| 2019 | -$3.78B | +123.1% | ||
| 2018 | -$1.69B | — |
Operating Income values are taken from XPeng's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
2025's annual operating income for XPeng (XPEV) came in at -$4.30B – plunged 35.5% year-over-year.
Across the available history, operating income reached its high of -$1.69B in 2018 and its low of -$10.89B in 2023.
Within Consumer Cyclical, XPeng (XPEV) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
XPeng Operating Income by Year
XPeng Operating Income 2025: -$4.30B
XPeng operating income in 2025 was -$4.30B, plunged 35.5% below 2024.
XPeng Operating Income 2024: -$6.66B
XPeng operating income in 2024 was -$6.66B, plunged 38.9% below 2023.
XPeng Operating Income 2023: -$10.89B
XPeng operating income in 2023 was -$10.89B, grew 25.1% from 2022. This figure represents the lowest annual value in the available history.
XPeng Operating Income 2022: -$8.71B
XPeng operating income in 2022 was -$8.71B, surged 32.3% from 2021.
XPeng Operating Income 2021: -$6.58B
XPeng operating income in 2021 was -$6.58B.
See more financial history for XPeng (XPEV).
Sector peers — Operating Income
Companies in the same sector as XPeng, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is XPeng's operating income?
- Latest reported operating income for XPeng (XPEV) is -$3.64B (period ending December 31, 2025).
How has XPeng operating income changed year-over-year?
- XPeng (XPEV) operating income changed -35.5% year-over-year on the latest annual filing.
When did XPeng operating income hit its highest annual value?
- XPeng operating income reached its highest annual value of -$1.69B in 2018.
What was XPeng operating income in 2024?
- XPeng (XPEV) operating income in 2024 was -$6.66B.
What was XPeng operating income in 2025?
- XPeng (XPEV) operating income in 2025 was -$4.30B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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