---
title: "XPeng achieves profitability for the first time, but first-quarter revenue outlook is below expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279984912.md"
description: "XPeng achieved quarterly profitability for the first time, with a net profit of 383 million yuan in the fourth quarter, exceeding market expectations. However, the revenue outlook for the first quarter is between 12.2 billion and 13.3 billion yuan, lower than the expected 15.7 billion yuan, indicating short-term demand imbalance. The delivery volume is expected to be between 61,000 and 66,000 vehicles, affected by macroeconomic challenges. Chairman He Xiaopeng emphasized long-term opportunities, planning to mass-produce humanoid robots, flying cars, and Robotaxis, and expand cooperation with global partners"
datetime: "2026-03-20T19:26:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279984912.md)
  - [en](https://longbridge.com/en/news/279984912.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279984912.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279984912.md) | [繁體中文](https://longbridge.com/zh-HK/news/279984912.md)


# XPeng achieves profitability for the first time, but first-quarter revenue outlook is below expectations

XPeng has achieved a milestone that could reshape investor perception, reporting its first quarterly profit, despite cautious short-term signals. The company's net profit for the fourth quarter was 383 million yuan, while the market expected a loss of 45.3 million yuan, marking a significant turnaround to profitability. However, this progress was tempered by a relatively weak first-quarter outlook, with expected revenue of 12.2 billion to 13.3 billion yuan, below the market expectation of 15.7 billion yuan. This contrast indicates that while XPeng may be entering a new operational phase, demand conditions may still be uneven in the short term.

Management also pointed out that delivery pressures continue, with January and February delivery volumes down 40% year-on-year, and the company expects this quarter's deliveries to be between 61,000 and 66,000 vehicles. The macro backdrop appears challenging, as industry data shows that China's passenger car sales fell 25% in February, with an even larger decline in new energy vehicles. The reduction in government subsidies is suppressing demand across the industry, which may continue to affect the sales recovery and pricing dynamics of electric vehicle manufacturers, including XPeng.

Meanwhile, Chairman He Xiaopeng emphasized the long-term opportunities related to artificial intelligence and next-generation mobility, stating that the company may be approaching a strategic turning point. XPeng expects to begin mass production of humanoid robots, flying cars, and Robotaxis this year while expanding global partnerships. The model jointly developed with Volkswagen has rolled off the production line, and Stellantis is also exploring potential collaborations. These developments may allow XPeng to expand its technological ambitions while diversifying its business beyond traditional electric vehicle manufacturing

### Related Stocks

- [XPENG-W (09868.HK)](https://longbridge.com/en/quote/09868.HK.md)
- [XPeng Inc. (XPEV.US)](https://longbridge.com/en/quote/XPEV.US.md)

## Related News & Research

- [XPENG Reports Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results | XPEV Stock News](https://longbridge.com/en/news/279913437.md)
- [Electric car maker Xpeng aims to double overseas sales, to launch EVs in Mexico](https://longbridge.com/en/news/279953149.md)
- [Xpeng shifts P7 strategy with cheaper trims and tiered AI chips](https://longbridge.com/en/news/279620200.md)
- [Pony.ai and Chenqi Mobility Launch Joint Robotaxi Fleet with Initial Delivery of Over 100 Gen-7 Vehicles | PONY Stock News](https://longbridge.com/en/news/279696853.md)
- [Uber investing in EV maker Rivian for robotaxi launch](https://longbridge.com/en/news/279810138.md)