Xpeng Q2 FY26 net loss widens to RMB 1.34 billion; revenue rises 51.5% quarter-on-quarter to RMB 19.74 billion

Reuters2026/08/24 10:31

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Xpeng posted Q2 net loss of RMB 1.34 billion, narrowing 25.1% quarter-over-quarter; revenue climbed 51.5% to RMB 19.74 billion.
Gross margin rose 0.1 percentage point from Q1 to 20.7%; vehicle margin held at 12.1% quarter-over-quarter.
Total deliveries increased 0.1% year-over-year to 103,295 vehicles; July deliveries were 38,027, bringing year-to-date deliveries to 204,004.
Cash position slipped to RMB 40.48 billion as of June 30 from RMB 42.09 billion at March 31.
Q3 revenue forecast at RMB 21.7 billion-RMB 23.4 billion; deliveries seen at 115,000-121,000 vehicles.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xpeng Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608240630PR_NEWS_USPR_____CN31964) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xpeng Q2 FY26 net loss widens to RMB 1.34 billion; revenue rises 51.5% quarter-on-quarter to RMB 19.74 billion

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