Chinese language EV maker XPeng (NYSE:XPEV) reported its fiscal second-quarter outcomes on Tuesday.
The corporate reported quarterly gross sales development of 125.3% year-on-year (Y/Y) to 18.27 billion Chinese language yuan ($2.55 billion), topping the analyst consensus estimate of 17.92 billion Chinese language yuan.
The Tesla (NASDAQ:TSLA) rival’s quarterly automobile deliveries elevated 241.6% Y/Y to 103,181, up 9.75% from 94,008 within the first quarter.
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XPeng’s bodily gross sales community had 677 shops, protecting 224 cities as of June 30, 2025.
XPeng’s self-operated charging station community reached 2,348 stations as of June 30, 2025, together with 1,304 XPENG S4 and S5 ultra-fast charging stations.
Revenues from automobile gross sales elevated 147.6% Y/Y to 16.88 billion Chinese language yuan ($2.36 billion) resulting from increased deliveries.
Gross margin was 17.3% versus 14.0% a 12 months in the past. Automobile margin was 14.3% versus 6.4% a 12 months in the past, primarily attributable to the price discount and enchancment in product mixture of fashions.
Working loss for the quarter was 930 million Chinese language yuan ($130 million). Adjusted web loss per ADS was 0.41 Chinese language yuan versus the analyst consensus loss estimate of 1.06 Chinese language yuan. In USD phrases, the adjusted EPADS was a lack of 6 cents.
The firm held $6.64 billion in money and equivalents as of June 30, 2025.
Chairman and CEO Xiaopeng He stated the corporate accomplished upgrades to its next-generation sensible and electrification know-how platforms.
Vice Chairman and Co-President Hongdi Brian Gu famous that automobile margin improved for eight consecutive quarters, climbing 3.8 share factors sequentially to 14.3%, whereas general gross margin reached a file 17.3%.
XPENG initiatives third-quarter automobile deliveries between 113,000 and 118,000 models, reflecting a surge of 142.8%-153.6% Y/Y.
The corporate anticipates income of 19.6 billion Chinese language yuan to 21.0 billion Chinese language yuan, versus the analyst consensus estimate of 20.2 billion Chinese language yuan.
XPeng inventory gained over 68% year-to-date regardless of intense rivalry from the likes of Tesla and Nio (NYSE:NIO).
Worth Motion: XPEV inventory is buying and selling decrease by 0.15% to $19.87 ultimately verify Tuesday.
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