XPeng Q2 2026: revenue RMB19.74bn, gross margin 20.7%, net loss RMB1.34bn

Total revenues were RMB19.74 billion for Q2 2026, up 8.0% from the same quarter of 2025, on 103,295 deliveries. Gross margin was 20.7% and vehicle margin 12.1%; the net loss was RMB1.34 billion, against a loss of RMB0.48 billion a year earlier. The cash position at the end of the quarter was RMB40.48 billion. For Q3 2026 XPeng guided to deliveries of 115,000–121,000 and revenue of RMB21.70–23.40 billion.