Xpeng Q2 FY26 net loss widens to RMB 1.34 billion; revenue rises 51.5% quarter-on-quarter to RMB 19.74 billion - XPEV News | RalliesXpeng Q2 FY26 net loss widens to RMB 1.34 billion; revenue rises 51.5% quarter-on-quarter to RMB 19.74 billion
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XPEV• Q2 results
- Xpeng posted Q2 net loss of RMB 1.34 billion, narrowing 25.1% quarter-over-quarter; revenue climbed 51.5% to RMB 19.74 billion.
- Gross margin rose 0.1 percentage point from Q1 to 20.7%; vehicle margin held at 12.1% quarter-over-quarter.
- Total deliveries increased 0.1% year-over-year to 103,295 vehicles; July deliveries were 38,027, bringing year-to-date deliveries to 204,004.
- Cash position slipped to RMB 40.48 billion as of June 30 from RMB 42.09 billion at March 31.
Q3 outlook
- Q3 revenue forecast at RMB 21.7 billion-RMB 23.4 billion; deliveries seen at 115,000-121,000 vehicles.
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