
XPeng Inc.
XPEVFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,721
Cost of Revenue
4,903
Gross Profit
818
Gross Margin
14.3%
Operating Income
-932
Operating Margin
-16.3%
Net Income
-811
Net Margin
-14.2%
EPS (Basic)
$-6.12
EPS (Diluted)
$-6.12
EBITDA
-408
EBITDA Margin
-7.1%
2023
12/31/2023
Revenue
4,295
Cost of Revenue
4,231
Gross Profit
63
Gross Margin
1.5%
Operating Income
-1,525
Operating Margin
-35.5%
Net Income
-1,453
Net Margin
-33.8%
EPS (Basic)
$-11.92
EPS (Diluted)
$-11.92
EBITDA
-1,122
EBITDA Margin
-26.1%
2022
12/31/2022
Revenue
3,760
Cost of Revenue
3,327
Gross Profit
432
Gross Margin
11.5%
Operating Income
-1,219
Operating Margin
-32.4%
Net Income
-1,280
Net Margin
-34.0%
EPS (Basic)
$-10.68
EPS (Diluted)
$-10.68
EBITDA
-1,061
EBITDA Margin
-28.2%
2021
12/31/2021
Revenue
2,938
Cost of Revenue
2,571
Gross Profit
367
Gross Margin
12.5%
Operating Income
-921
Operating Margin
-31.3%
Net Income
-681
Net Margin
-23.2%
EPS (Basic)
$-5.92
EPS (Diluted)
$-5.92
EBITDA
-552
EBITDA Margin
-18.8%
2020
12/31/2020
Revenue
818
Cost of Revenue
781
Gross Profit
37
Gross Margin
4.6%
Operating Income
-601
Operating Margin
-73.5%
Net Income
-382
Net Margin
-46.7%
EPS (Basic)
$-6.42
EPS (Diluted)
$-6.42
EBITDA
-318
EBITDA Margin
-38.8%