XPeng Motors' Q2 revenue was 19.74 billion yuan, with a gross profit margin of 20.7%, exceeding expectations; however, net loss expanded by nearly 1.8 times year-on-year to 1.34 billion yuan.
XPeng Motors announced its Q2 2026 financial results, showing total revenue of RMB 19.74 billion, an 8% year-on-year increase and a 51.5% quarter-on-quarter increase, falling short of market estimates of RMB 20.2 billion. The gross profit margin was 20.7%, higher than the estimated 19.2%, and an increase of 3.4 percentage points compared to the same period last year. However, net loss expanded from RMB 480 million in the same period last year to RMB 1.34 billion, a nearly 1.8-fold year-on-year increase.
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