XPeng (ADR)
Builds smart electric vehicles around in-house manufacturing, assisted-driving software, and a widening global footprint.
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Profile
Sells smart electric sedans and SUVs, with vehicle sales as the commercial core and architecture partnerships as a supporting activity. The lineup has expanded across China and overseas markets, while founder control, battery suppliers, pricing pressure, and evolving safety and data rules shape operations.
Builds smart electric vehicles in China, spanning sedans, SUVs, and a widening model range. Vehicle sales are the commercial core, supported by in-house manufacturing, driver-assistance software, and models including the P7, G6, G9, MONA M03, and X9.
Operations began in China and now extend to Europe and other overseas markets, including localized production in Europe and Malaysia. Product execution has combined rapid model expansion with owned manufacturing, assisted-driving capabilities, and electrical/electronic architecture that Volkswagen plans to use across vehicles in China.
Revenue remains centered on road vehicles, while flying cars and robots are earlier-stage initiatives. The business depends on intense Chinese EV pricing, a limited pool of qualified battery-cell suppliers, evolving safety and data rules, and a founder-controlled share structure with higher-vote Class B shares.
Company facts
Categories
Key statistics
Year to date −43.5% · Average volume (30d) 7.4M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Barclays | Reiterate | Underweight | $15 | $14 | |
| Jul 16, 2026 | Barclays | Reiterate | Underweight | $17 | $15 | |
| May 29, 2026 | Jefferies | Target | $4.20 | $25.20 | ||
| May 29, 2026 | Macquarie | Upgrade | Neutral | Outperform | ||
| May 28, 2026 | Macquarie | Target | $26 | $19 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 24, 2026Q2 FY26 | −$0.06 | −$0.21 | −252.3% | $3.02B | $2.91B | −3.7% | −8.53% |
| May 28, 2026Q1 FY26 | −$0.11 | −$0.27 | −142.7% | $1.87B | $1.89B | +1.0% | +0.06% |
| Mar 20, 2026Q4 FY25 | $0.00 | $0.06 | — | $3.07B | $3.18B | +3.6% | +7.52% |
| Nov 17, 2025Q3 FY25 | −$0.01 | −$0.06 | −656.6% | $3.10B | $2.86B | −7.5% | +0.85% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.35B | $2.72B | $3.03B | $3.27B | $1.93B | $2.93B | |
| Gross profit | $366.0M | $471.3M | $610.7M | $695.8M | $396.7M | $605.9M | |
| Operating income | −$155.0M | −$139.1M | −$111.7M | −$135.7M | −$311.7M | −$197.0M | |
| Net income | −$98.8M | −$71.1M | −$56.7M | $56.2M | −$263.9M | −$198.4M | |
| Diluted EPS | −$0.10 | −$0.07 | −$0.06 | $0.12 | −$0.55 | −$0.43 | |
| Gross margin | 15.6% | 17.3% | 20.1% | 21.3% | 20.6% | 20.7% | |
| Operating margin | -6.6% | -5.1% | -3.7% | -4.2% | -16.2% | -6.7% |
Fiscal years (4-quarter sums)FY21 $3.12B · FY22 $4.00B · FY23 $4.56B · FY24 $6.08B · FY25 $11.37B
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $4.72B · Total debt $6.08B · Total assets $15.12B · Shareholders' equity $4.02B
Dividends
No dividends on record.
Ownership
Shares outstanding 950.01M · Float 708.44M · 74.6% free float
Insiders — filings are in the shares behind the receipt.
This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Alibaba Group Holding Ltd | 33.54M | 3.53% | 13F | Aug 14, 2026 |
| Primecap Management Co/CA/ | 12.52M | 1.32% | 13F | Aug 14, 2026 |
| TMT General Partner Ltd | 10.29M | 1.08% | 13F | Jul 28, 2026 |
| Morgan Stanley | 9.59M | 1.01% | 13F | Aug 13, 2026 |
| Ghisallo Capital Management LLC | 7.50M | 0.79% | 13F | Aug 14, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Tesla
Direct rival in electric sedans, SUVs and assisted-driving software
- NIO (ADR)
NIO and ONVO span premium and family-focused smart EVs
- Li Auto (ADR)
Family SUVs and MPVs overlap across BEV and assisted driving
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| XPeng (ADR) | $11.50 | −0.29% | $10.95B | — | — | 1.0 | +14.0% |
| Tesla | $348.19 | −0.16% | $1.38T | 322.9 | 174.6 | 13.3 | +25.5% |
| NIO (ADR) | $4.37 | +0.23% | $10.84B | — | — | 0.7 | +123.9% |
| Li Auto (ADR) | $12.19 | −0.37% | $12.35B | — | 64.9 | 0.8 | −10.4% |
| Median | 322.9 | 119.7 | 0.8 | +25.5% |





