小鹏2025Q3业绩报告

XPENG Reports Third Quarter 2025 Unaudited Financial ResultsNovember 17, 2025Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB48.33 billion (US$6.79billion) as of September 30, 2025Quarterly total revenues were RMB20.38 billion, a 101.8% increase year-over-yearQuarterly gross margin was 20.1%, an increase of 4.8 percentage points over the same period of 2024Quarterly vehicle margin was 13.1%, an increase of 4.5 percentage points over the same period of 2024GUANGZHOU, China, Nov. 17, 2025 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinesesmart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended September 30, 2025. Operational and Financial Highlights for the Three Months Ended September 30, 2025 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 Total deliveries 116,007103,18194,00891,50746,53330,207Total deliveries of vehicles were 116,007 for the third quarter of 2025, representing an increase of 149.3% from 46,533in the corresponding period of 2024.XPENG's physical sales network had a total of 690 stores, covering 242 cities as of September 30, 2025.XPENG self-operated charging station network reached 2,676 stations, including 1,623 XPENG S4 and S5 ultra-fastcharging stations as of September 30, 2025.Total revenues were RMB20.38 billion (US$2.86 billion) for the third quarter of 2025, representing an increase of 101.8%from the same period of 2024, and an increase of 11.5% from the second quarter of 2025.Revenues from vehicle sales were RMB18.05 billion (US$2.54 billion) for the third quarter of 2025, representing anincrease of 105.3% from the same period of 2024, and an increase of 6.9% from the second quarter of 2025.Gross margin was 20.1% for the third quarter of 2025, compared with 15.3% for the same period of 2024 and 17.3% forthe second quarter of 2025.Vehicle margin, which is gross profit of vehicle sales as a percentage of vehicle sales revenue, was 13.1% for the thirdquarter of 2025, compared with 8.6% for the same period of 2024 and 14.3% for the second quarter of 2025.Net loss was RMB0.38 billion (US$0.05 billion) for the third quarter of 2025, compared with RMB1.81 billion for the sameperiod of 2024 and RMB0.48 billion for the second quarter of 2025. Excluding share-based compensation expenses andfair value loss (gain) on derivative liability relating to the contingent consideration, non-GAAP net loss was RMB0.15billion (US$0.02 billion) for the third quarter of 2025, compared with RMB1.53 billion for the same period of 2024 andRMB0.39 billion for the second quarter of 2025.Net loss attributable to ordinary shareholders of XPENG was RMB0.38 billion (US$0.05 billion) for the third quarter of2025, compared with RMB1.81 billion for the same period of 2024 and RMB0.48 billion for the second quarter of 2025.Excluding share-based compensation expenses and fair value loss (gain) on