XPEV Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), XPEV reported revenue of $19.7B, gross profit of $4.1B (20.7% gross margin), operating income of −$1.1B, and net income of −$1.3B (-6.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
XPEV reported a net loss; revenue fell 3.1% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −3.1% | −251.1% | −4.9 pp |
Consensus estimate data is not available for this report.
XPEV Q2 2026 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $19.7B | 100% |
| Cost of Revenue | −$15.7B | 79.3% |
| Gross Profit | $4.1B | 20.7% |
| Research & Development | −$2.9B | 14.8% |
| Selling, General & Administrative | −$2.5B | 12.6% |
| Operating Income | −$1.1B | -5.8% |
| Other Income, net | −$120M | 0.6% |
| Income Tax Expense | −$74M | 0.4% |
| Net Income | −$1.3B | -6.8% |
Source: original SEC filing (filed 2026-08-25). Accession 0001193125-26-364050. Data normalized by EarningsFyi.