Xpeng Q1 Deliveries Surge 331% YoY, Aims for Profitability in Q4

Earnings Call
05-21

Xpeng reported strong Q1 2025 results:
- Delivered 94,008 vehicles, up 331% year-over-year
- Revenue reached 15.81 billion RMB, up 141.5% year-over-year
- Gross margin improved to 15.6%, a record high
- Vehicle margin rose to 10.5%
- Net loss narrowed significantly
- Generated over 3 billion RMB in free cash flow

The company highlighted its AI-driven strategy:
- Launching new models with advanced AI capabilities across price segments
- Developing proprietary AI chips, models and infrastructure
- Expanding globally as a key growth driver
- Aiming for profitability in Q4 2025

For Q2 2025, Xpeng expects:
- Deliveries of 102,000-108,000 vehicles, up 237.7%-257.5% YoY
- Revenue of 17.5-18.7 billion RMB, up 115.7%-130.5% YoY
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

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