Investor Pulse · Earnings
XPeng Q2 2024: revenue RMB8.11bn, gross margin 14.0%, net loss RMB1.28bn
Confirmed
RMB8.11bnRevenue
14.0%Gross margin
6.4%Vehicle margin
RMB1.28bnNet loss
30,207Deliveries
Total revenues were RMB8.11 billion for Q2 2024, up 60.2% from the same quarter of 2023, on 30,207 deliveries. Gross margin was 14.0% and vehicle margin 6.4%; the net loss was RMB1.28 billion. The cash position at the end of the quarter was RMB37.33 billion. For Q3 2024 XPeng guided to deliveries of 41,000–45,000 and revenue of RMB9.10–9.80 billion.
- The full quarter, and every one before it →
- Q3 2024 guidance: 41,000–45,000 deliveries, RMB9.10–9.80bn revenue →
Where this comes from
- Primary XPENG Reports Second Quarter 2024 Unaudited Financial Results · XPeng Inc. (Form 6-K, exhibit 99.1) · 2024-08-20