60%+ returns in 2025: Here’s how AI-powered stock investing has changed the game
Investing.com -- Xpeng reported a narrower-than-expected loss for the third quarter, while fourth-quarter revenue guidance missed expectations.
The carmaker’s shares slipped around 2% in early premarket trading Monday.
Xpeng posted a loss per share (EPS) of RMB0.16, well below the analyst expectations for a RMB0.57 per-share loss. Revenue rose 101.8% from a year earlier to RMB20.38 billion, but was slightly below the RMB20.63 billion consensus.
Vehicle sales accounted for RMB18.05 billion, up 105.3% from a year ago and 6.9% higher than the second quarter. XPeng delivered 116,007 vehicles in the period, a 149.3% increase from the same quarter last year.
The company’s gross margin for the quarter rose to 20.1%, up from 15.3% a year earlier and 17.3% in the second quarter. Vehicle margin came in at 13.1%, higher than the 8.6% recorded a year ago, though slightly below the 14.3% achieved in the prior quarter.
XPeng ended September with RMB48.33 billion in cash, equivalents, restricted cash, short-term investments and time deposits, little changed from RMB47.57 billion at the end of June.
"In the third quarter of 2025, XPENG delivered another set of record results. Vehicle deliveries, revenue, gross margin and cash on hand all reached new highs," said Xiaopeng He, Chairman and CEO of Xpeng.
"We are in the early stages of rapid expansion in terms of sales volume and market share, with Robotaxi and humanoid robots advancing rapidly toward mass production. I firmly believe XPENG will evolve into a global embodied AI company," he added.
For the fourth quarter, Xpeng forecasts deliveries of 125,000 to 132,000 vehicles, implying annual growth of roughly 36.6% to 44.3%.
Total revenue is projected to land between RMB21.5 billion and RMB23.0 billion, short of the consensus estimate of RMB25.09 billion.