- Xpeng will release its Q1 2026 earnings report on May 28 before US market opening.
- The company continues expanding its premium EV and AI strategy despite lower quarterly deliveries.
Xpeng confirmed that it will release its unaudited financial results for the first quarter of 2026 on May 28, with the announcement scheduled before the opening of US financial markets. The Chinese electric vehicle manufacturer stated that its management team will also host an earnings conference call at 7:00 am US Eastern Time on the same day. Investors are expected to closely examine the company’s latest financial performance following its historic achievement of posting its first-ever quarterly profit during the fourth quarter of 2025.
During the fourth quarter of 2025, Xpeng reported a net profit of 380 million yuan, equivalent to approximately $56 million. The result represented a major turning point for the company as it continued efforts to improve profitability in the increasingly competitive electric vehicle sector. Market attention remains focused on whether the automaker can sustain its improving financial position while continuing aggressive investments in product development, intelligent driving technologies, and premium vehicle expansion.
Xpeng First Quarter 2026 Operational Highlights
In the first quarter of 2026, Xpeng delivered a total of 62,682 vehicles. The figure represented a year-on-year decline of 33.32 percent compared with the same period last year. Despite the drop in deliveries, the company’s performance remained within its previously announced guidance range of 61,000 to 66,000 units. Xpeng had earlier projected total quarterly revenue between 12.2 billion yuan and 13.28 billion yuan, indicating that the company continues maintaining revenue expectations despite softer delivery momentum.
Quarterly Delivery and Revenue Guidance Overview
The following table summarizes Xpeng’s first-quarter operational guidance and delivery performance for 2026.
| Metric | Details |
|---|---|
| Q1 2026 Vehicle Deliveries | 62,682 Units |
| Delivery Guidance Range | 61,000 – 66,000 Units |
| Estimated Revenue Range | 12.2 – 13.28 Billion Yuan |
| Q4 2025 Net Profit | 380 Million Yuan |
The earnings release is arriving shortly after the planned launch of the GX flagship SUV on May 20. The new model is expected to support Xpeng’s push into the premium luxury vehicle market segment, an area viewed as strategically important for enhancing margins and strengthening long-term profitability. The GX launch also reflects the company’s continued focus on expanding its product portfolio beyond mainstream electric vehicle offerings in China.
AI Investment and Competitive EV Market Focus
Xpeng is also accelerating its artificial intelligence strategy as competition intensifies among Chinese EV manufacturers. The company plans to raise research and development spending related to physical AI technologies to 7 billion yuan during 2026. The increased investment highlights Xpeng’s ambition to strengthen its capabilities in intelligent mobility, software integration, and advanced driver assistance technologies, which are becoming critical differentiators in the electric vehicle market.
At the same time, rival automakers are preparing their own earnings announcements. Li Auto is scheduled to release its first-quarter financial results on May 28 and will hold an earnings conference call at 8:00 am US Eastern Time. Another major competitor, Nio, plans to report its first-quarter results before US markets open on May 21. The closely timed earnings reports are expected to provide broader insight into demand conditions, profitability trends, and competitive positioning within the Chinese EV industry.
Frequently Asked Questions
When will Xpeng release its Q1 2026 earnings results?
Xpeng will announce its first-quarter 2026 financial results on May 28 before the US stock market opens. The company’s management team will also host an earnings conference call at 7:00 am US Eastern Time to discuss operational performance, financial metrics, and strategic developments. Investors are expected to monitor updates related to profitability, vehicle deliveries, revenue guidance, AI investment plans, and the impact of the upcoming GX flagship SUV launch on the company’s premium market expansion strategy.
What was Xpeng’s major financial milestone before the Q1 2026 earnings release?
Xpeng achieved its first-ever quarterly profit during the fourth quarter of 2025, reporting a net profit of 380 million yuan. The milestone marked a significant improvement in the company’s financial performance amid strong competition in the electric vehicle sector. The achievement also increased investor attention on whether Xpeng can maintain profitability while continuing major investments in AI technologies, premium electric vehicles, intelligent driving systems, and future product expansion initiatives within the Chinese automotive market.
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