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XPEV Financials Xpeng Inc.

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 67.4% per year over the past 5 years.
  • Operating margin has expanded, at -3.6% in the latest year.

Financial health

  • The company holds more cash (CN¥17.3B) than total debt (CN¥12.7B).
  • Total debt has grown slower than revenue (47.5% vs 67.4% per year).
  • Operating income covered interest expense -7.3× in the latest year, up from -191.2× 5 years ago.
Revenue & net income
-CN¥10B CN¥33B CN¥77B CN¥0 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-17460% -8720% 19% 0% 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-40% 12% 64% 0% 2018 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-CN¥13B -CN¥4B CN¥5B CN¥0 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
CN¥0 CN¥15B CN¥29B 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-CN¥33B CN¥627M CN¥34B CN¥0 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 CN¥76.7B -CN¥1.1B 18.9% -3.6% -3.8% -1.1% CN¥5.1B CN¥12.7B CN¥17.3B
2024 CN¥40.9B -CN¥5.8B 14.3% -16.3% -18.5% -7.0% -CN¥4.2B CN¥12.1B CN¥18.6B
2023 CN¥30.7B -CN¥10.4B 1.5% -35.5% -28.6% -12.3% -CN¥1.1B CN¥10.9B CN¥21.1B
2022 CN¥26.9B -CN¥9.1B 11.5% -32.4% -24.8% -12.8% -CN¥12.5B CN¥7.8B CN¥14.6B
2021 CN¥21.0B -CN¥4.9B 12.5% -31.3% -11.5% -7.4% -CN¥3.4B CN¥1.7B CN¥11.0B
2020 CN¥5.8B -CN¥2.7B 4.6% -73.5% -7.9% -6.1% -CN¥946M CN¥1.8B CN¥29.2B
2019 CN¥2.3B -CN¥3.7B -24.0% -162.9% 54.0% -39.9% -CN¥5.4B CN¥570M CN¥1.9B
2018 CN¥10M -CN¥1.4B -24.3% -17459.7% 64.0% — -CN¥2.3B — —

Frequently asked questions

Is XPEV growing its revenue and profit?

Over the past 5 years, Xpeng Inc.'s revenue has grown 67.4% per year. These are computed facts, not advice.

How much debt does XPEV have?

As of FY2025, Xpeng Inc. reported CN¥12.7B of total debt against CN¥17.3B of cash; operating income covered interest expense -7.3×.

What is XPEV's profit margin?

In FY2025, gross margin was 18.9%, operating margin -3.6%, and net margin -1.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.