XPeng Motors Achieves First Quarterly Profit; Q1 2026 Sales Outlook Weakens

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Caixin: In Q4 2025, XPeng Motors recorded a net profit of 380 million yuan, achieving its first quarterly profit since going public. In the same period of 2024, XPeng reported a net loss of 1.33 billion yuan. On the evening of March 20, XPeng Motors (NYSE: XPEV / 09868.HK) announced its Q4 and full-year 2025 financial reports, revealing the above information.

XPeng’s Q4 revenue increased by 38.2% year-over-year to 22.25 billion yuan. Of this, vehicle sales revenue was 19.07 billion yuan, up 30% year-over-year. The company delivered approximately 116,000 new vehicles in the quarter, a 27% increase from the previous year. Based on this, the average selling price per vehicle was about 164,000 yuan, a slight increase of approximately 2.3% year-over-year.

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