Investor Pulse · Earnings
XPeng Q3 2024: revenue RMB10.10bn, gross margin 15.3%, net loss RMB1.81bn
Confirmed
RMB10.10bnRevenue
15.3%Gross margin
8.6%Vehicle margin
RMB1.81bnNet loss
46,533Deliveries
Total revenues were RMB10.10 billion for Q3 2024, up 18.4% from the same quarter of 2023, on 46,533 deliveries. Gross margin was 15.3% and vehicle margin 8.6%; the net loss was RMB1.81 billion. The cash position at the end of the quarter was RMB35.75 billion. For Q4 2024 XPeng guided to deliveries of 87,000–91,000 and revenue of RMB15.30–16.20 billion.
- The full quarter, and every one before it →
- Q4 2024 guidance: 87,000–91,000 deliveries, RMB15.30–16.20bn revenue →
Where this comes from
- Primary XPENG Reports Third Quarter 2024 Unaudited Financial Results · XPeng Inc. (Form 6-K, exhibit 99.1) · 2024-11-19