- Xpeng will report its fourth-quarter 2025 financial results on March 20, with the market focused on whether it can achieve its single-quarter profitability target.
- Xpeng's non-GAAP net loss for the third quarter was 150 million yuan, nearing the breakeven point.
Xpeng (NYSE: XPEV, HKG: 9868) announced Thursday that it will report its unaudited fourth-quarter 2025 and full-year financial results before the US markets open on March 20.
The company's management will host an earnings conference call at 8:00 am US Eastern Time (8:00 pm Beijing Time) on the same day. Investors are closely watching whether the company can deliver on its previously set promise of fourth-quarter 2025 profitability.
In the third quarter of 2025, Xpeng's net loss narrowed to 380 million yuan, hitting its lowest level in five years.
Xpeng's non-GAAP net loss for the third quarter was 150 million yuan, nearing the breakeven point.
Notably, the company delivered only 116,249 vehicles in the fourth quarter of 2025, falling short of the lower end of its official guidance range of 125,000 to 132,000 units.
Xpeng previously guided that its total revenues for the fourth quarter were expected to be between 21.5 billion yuan and 23.0 billion yuan, representing a year-on-year increase of about 33.5% to 42.8%.
Despite a lackluster fourth quarter, Xpeng's full-year 2025 deliveries still reached 429,445 vehicles, achieving a robust year-on-year growth of about 126%.
Entering 2026, impacted by the Chinese New Year holiday and the retreat of support policies, Xpeng's February deliveries plunged nearly 50% year-on-year, recording only 15,256 units.
To counter sluggish domestic sales, Xpeng is actively advancing its internationalization strategy and banking on extended-range electric vehicles (EREVs) to drive sales growth this year.
Additionally, Xpeng's software prowess in the artificial intelligence sector is becoming a new growth engine, with Volkswagen set to become the first commercial customer for its second-generation VLA solution.
Domestic rival Nio Inc (NYSE: NIO, HKG: 9866) will release its fourth-quarter 2025 earnings on March 10, while Li Auto (NASDAQ: LI, HKG: 2015) will report on March 12.
