XPEV Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), XPEV reported revenue of $20.4B, gross profit of $4.1B (20.1% gross margin), operating income of −$751M, and net income of −$381M (-1.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
XPEV reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
XPEV Q3 2025 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $20.4B | 100% |
| Cost of Revenue | −$16.3B | 79.9% |
| Gross Profit | $4.1B | 20.1% |
| Research & Development | −$2.4B | 11.9% |
| Selling, General & Administrative | −$2.5B | 12.2% |
| Operating Income | −$751M | -3.7% |
| Other Income, net | $377M | 1.9% |
| Income Tax Expense | −$7M | 0.0% |
| Net Income | −$381M | -1.9% |
Source: original SEC filing (filed 2025-11-17). Accession 0001193125-25-283869. Data normalized by EarningsFyi.