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XPeng (XPEV) Revenue & Revenue Breakdown

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XPeng Revenue Highlights

Latest Revenue (Y)

$30.68B

Latest Revenue (Q)

$6.55B

Main Segment (Y)

Vehicle

XPeng Revenue by Period

XPeng Revenue by Year

DateRevenueChange
2023-12-31$30.68B14.23%
2022-12-31$26.86B27.95%
2021-12-31$20.99B259.12%
2020-12-31$5.84B151.78%
2019-12-31$2.32B23815.30%
2018-12-31$9.71M-

XPeng generated $30.68B in revenue during NA 2023, up 14.23% compared to the previous quarter, and up 316052.62% compared to the same period a year ago.

XPeng Revenue by Quarter

DateRevenueChange
2024-03-31$6.55B-49.82%
2023-12-31$13.05B53.00%
2023-09-30$8.53B68.48%
2023-06-30$5.06B25.52%
2023-03-31$4.03B-21.53%
2022-12-31$5.14B-24.67%
2022-09-30$6.82B-8.24%
2022-06-30$7.44B-0.25%
2022-03-31$7.45B-12.87%
2021-12-31$8.56B49.58%
2021-09-30$5.72B52.07%
2021-06-30$3.76B27.46%
2021-03-31$2.95B3.49%
2020-12-31$2.85B43.28%
2020-09-30$1.99B236.86%
2020-06-30$590.78M43.37%
2020-03-31$412.07M-35.62%
2019-12-31$640.01M42.31%
2019-09-30$449.72M-

XPeng generated $6.55B in revenue during Q1 2024, up -49.82% compared to the previous quarter, and up 127.39% compared to the same period a year ago.

XPeng Revenue Breakdown

XPeng Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Service, Other$2.67B$2.02B$946.18M$45.60M
Vehicle$28.01B$24.84B$20.04B$850.08M

XPeng's latest annual revenue breakdown by segment (product or service), as of Dec 23: Vehicle (91.31%), and Service, Other (8.69%).

XPeng Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FFord Motor Company$176.19B$46.20B
LILi Auto$123.85B$25.63B
TSLATesla$96.77B$20.02B
NIONIO$55.62B$9.91B
XPEVXPeng$30.68B$6.55B
RIVNRivian Automotive$4.43B$874.00M
LCIDLucid Group$595.27M-
MULNMullen Automotive$366.00K$65.23K

XPEV Revenue FAQ

What is XPeng’s yearly revenue?

XPeng's yearly revenue for 2023 was $30.68B, representing an increase of 14.23% compared to 2022. The company's yearly revenue for 2022 was $26.86B, representing an increase of 27.95% compared to 2021. XPEV's yearly revenue for 2021 was $20.99B, representing an increase of 259.12% compared to 2020.

What is XPeng’s quarterly revenue?

XPeng's quarterly revenue for Q1 2024 was $6.55B, a -49.82% decrease from the previous quarter (Q4 2023), and a 62.35% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $13.05B, a 53.00% increase from the previous quarter (Q3 2023), and a 153.88% increase year-over-year (Q4 2022). XPEV's quarterly revenue for Q3 2023 was $8.53B, a 68.48% increase from the previous quarter (Q2 2023), and a 25.00% increase year-over-year (Q3 2022).

What is XPeng’s revenue growth rate?

XPeng's revenue growth rate for the last 3 years (2021-2023) was 46.16%, and for the last 5 years (2019-2023) was 1221.55%.

What are XPeng’s revenue streams?

XPeng's revenue streams in c 23 are Service, Other, and Vehicle. Service, Other generated $2.67B in revenue, accounting 8.69% of the company's total revenue, up 32.24% year-over-year. Vehicle generated $28.01B in revenue, accounting 91.31% of the company's total revenue, up 12.77% year-over-year.

What is XPeng’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of XPeng was Vehicle. This segment made a revenue of $28.01B, representing 91.31% of the company's total revenue.