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How XPeng (XPEV) Makes Money: A Visual Guide

XPeng (XPEV) generated 73.56B CNY in revenue but reported a net loss of 2.25B CNY. Below is an interactive breakdown of how revenue flows through the income statement.

XPeng (XPEV) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending (reported ).

Frequently asked questions

How much revenue does XPeng (XPEV) generate?

XPeng (XPEV) generated 73.56B CNY in total revenue for TTM through Q1 2026 with a net profit margin of -3.1%.

What is XPeng (XPEV) gross profit margin?

XPeng (XPEV) reported a gross profit margin of 19.9% for TTM through Q1 2026, equivalent to 14.61B CNY in gross profit. This means XPeng retains 19.9% of each revenue unit after direct costs of production.

What is XPeng (XPEV) operating profit margin?

XPeng (XPEV) reported an operating profit margin of -6.4% for TTM through Q1 2026, equivalent to −4.69B CNY in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is XPeng (XPEV) net profit margin?

XPeng (XPEV) reported a net profit margin of -3.1% for TTM through Q1 2026, equivalent to −2.25B CNY in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does XPeng (XPEV) invest in R&D?

XPeng (XPEV) invested 10.36B CNY in research and development in TTM through Q1 2026 (14.1% of total revenue). R&D spending reflects investment in future products, services, and technologies.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

Where do segment and geographic numbers come from?

Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).

When was this data last updated?

Based on company filings through TTM through Q1 2026.