Investor Pulse · Earnings

XPeng Q4 2024: revenue RMB16.11bn, gross margin 14.4%, net loss RMB1.33bn

Confirmed

RMB16.11bnRevenue
14.4%Gross margin
10.0%Vehicle margin
RMB1.33bnNet loss
91,507Deliveries

Total revenues were RMB16.11 billion for Q4 2024, up 23.4% from the same quarter of 2023, on 91,507 deliveries. Gross margin was 14.4% and vehicle margin 10.0%; the net loss was RMB1.33 billion. The cash position at the end of the quarter was RMB41.96 billion. For Q1 2025 XPeng guided to deliveries of 91,000–93,000 and revenue of RMB15.00–15.70 billion.

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