- XPeng Q3 2026 results scheduled for November 16.
- Third-quarter deliveries reached a record 118,390 vehicles.
- October deliveries exceeded 50,000 vehicles for the first time.
XPeng (NYSE: XPEV) will announce its unaudited financial results for the third quarter of 2026 before U.S. markets open on Monday, November 16. The announcement follows a record quarter for vehicle deliveries, with the Chinese electric vehicle manufacturer reporting 118,390 vehicles delivered during the July-September period. The company confirmed the reporting schedule in a statement on November 2, providing investors with the date and arrangements for its upcoming earnings announcement.
XPeng's management will host an earnings conference call at 7:00 am U.S. Eastern Time on November 16, corresponding to 8:00 pm Beijing Time on the same day. The earnings call will provide an opportunity to discuss the company's third-quarter financial performance following its latest delivery milestone. The webcast will be available live and archived through the company's investor relations website. Participants intending to join by telephone must register in advance, while a telephone replay will remain available through November 24.
XPeng delivered 118,390 vehicles in the third quarter, representing a 2.05% increase from the same period last year and a 14.61% improvement compared with the second quarter of 2026. The quarterly delivery figure established a new record for the company. It also fell within the guidance range of 115,000 to 121,000 vehicles that management issued in August, coming slightly above the midpoint of 118,000 units.
Alongside its delivery guidance, XPeng provided a third-quarter revenue forecast on August 24. The company expected revenue to range between 21.7 billion yuan ($3.23 billion) and 23.4 billion yuan, corresponding to year-on-year growth of 6.47% to 14.81%. The upcoming financial results will establish how closely the company matched that forecast and provide an updated picture of its financial performance following the improvement in vehicle deliveries.
However, the recovery in sales has not yet fully translated into stronger profitability. During the second quarter, XPeng reported revenue of 19.74 billion yuan, an increase of 8.0% year-on-year, while its net loss widened 179% to 1.34 billion yuan. The company's overall gross margin improved to 20.7%, but its vehicle margin declined to 12.1% from 14.3% in the corresponding period a year earlier. XPeng attributed the lower vehicle margin to product transitions, highlighting the difference between revenue growth, overall margin performance and vehicle-level profitability.
XPeng's delivery momentum continued into the fourth quarter, with the company recording 50,237 vehicle deliveries in October. This marked the first time its monthly deliveries exceeded 50,000 units. October deliveries increased 19.57% year-on-year and 21.77% month-on-month. The latest monthly performance provides an indication of the company's sales momentum following its record third-quarter deliveries.
New model introductions are an important part of XPeng's strategy to support sales growth toward the end of the year. The China-market launch of the Mona L05 took place on October 29, with large-scale nationwide deliveries beginning on November 1. The rollout adds another model to the company's product lineup as it enters the final quarter of 2026. XPeng is also preparing to use additional model introductions, including the G9L and Mona L05, to support its fourth-quarter delivery ambitions.
Chairman and CEO He Xiaopeng said during the company's August earnings call that XPeng would aim to exceed 60,000 vehicles in monthly sales during the fourth quarter. The target reflects management's expectations for the contribution of new models, particularly the G9L and Mona L05. With October deliveries already reaching 50,237 units, the company has established a higher monthly delivery baseline as it pursues its stated fourth-quarter objective. Its November 16 financial announcement will provide further insight into the relationship between delivery growth, revenue performance and profitability.
Industry Impact & Outlook
XPeng's third-quarter delivery record and October performance highlight the importance of product launches and sustained vehicle demand in its growth strategy. However, the widening second-quarter net loss and declining vehicle margin demonstrate that higher deliveries do not automatically translate into improved profitability. The company's financial results will therefore be important for assessing how revenue growth, product transitions and vehicle margins are developing alongside its expanding sales volumes. Its fourth-quarter objective of exceeding 60,000 monthly deliveries also places additional emphasis on the contribution of the G9L and Mona L05 to its year-end business performance.
Frequently Asked Questions
When will XPeng announce its Q3 2026 financial results?
XPeng will release its unaudited third-quarter 2026 financial results before U.S. markets open on Monday, November 16. The company announced the reporting schedule in a statement dated November 2. The announcement follows a record quarterly delivery performance of 118,390 vehicles. Investors will be able to follow the company's financial performance through its investor relations website and the accompanying earnings conference call scheduled for the same day.
What time is XPeng's Q3 2026 earnings conference call?
XPeng's management will host its third-quarter earnings conference call at 7:00 am U.S. Eastern Time on November 16, 2026. This corresponds to 8:00 pm Beijing Time on the same date. The conference call will be webcast live and archived on the company's investor relations website. Participants joining through telephone services must register in advance. A telephone replay will also be available through November 24.
How many vehicles did XPeng deliver in the third quarter of 2026?
XPeng delivered a record 118,390 vehicles during the third quarter of 2026, representing a 2.05% year-on-year increase and a 14.61% improvement over the second quarter. The result was within the company's guidance range of 115,000 to 121,000 vehicles issued in August. Deliveries were slightly above the guidance midpoint of 118,000 units, establishing a new quarterly record for the electric vehicle manufacturer.
What were XPeng's second-quarter 2026 financial performance figures?
XPeng reported second-quarter revenue of 19.74 billion yuan, representing 8.0% year-on-year growth, while its net loss widened 179% to 1.34 billion yuan. Overall gross margin increased to 20.7%, but vehicle margin declined to 12.1% from 14.3% in the previous year's corresponding quarter. The company attributed the vehicle margin decline to product transitions. These figures provide the financial context for evaluating whether its stronger third-quarter deliveries have translated into improved profitability.
What is XPeng targeting for monthly deliveries in the fourth quarter of 2026?
XPeng Chairman and CEO He Xiaopeng said the company would aim to exceed 60,000 vehicles in monthly sales during the fourth quarter of 2026. The target is supported by new models, including the G9L and Mona L05. The Mona L05 launched in China on October 29, with large-scale nationwide deliveries beginning November 1. XPeng subsequently recorded 50,237 deliveries in October, its first month above the 50,000-unit threshold.
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