<div id="readability-page-1"><p>Shares of XPeng Inc. (XPEV) rose 4% in pre-market trading on Thursday after the company reported stronger profit margins. Gross margin improved to 20.6% from 15.6% a year earlier, while vehicle margin increased to 12.1% due to lower costs and a better product mix. On the flip side, the Chinese EV maker reported weaker sales. Revenue fell 18% to ¥13.03 billion, while vehicle deliveries dropped by roughly one-third during the quarter.</p><h3>Memorial Day Sale – Claim 70% Off TipRanks</h3><ul><li>Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.  </li><li>Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter </li></ul> <p>For context, XPeng is a China-based electric vehicle maker focused on smart EVs, autonomous driving technology, and AI-powered mobility solutions.</p> <h2><strong>XPeng Reports Wider Quarterly Loss</strong></h2> <p>XPeng opened 2026 on a weak note as the company slipped back into losses after briefly reaching profitability late last year. The company reported a net loss of ¥1.78 billion for Q1 2026, wider than the loss reported a year earlier. Analysts had expected a smaller loss of ¥811.9 million.</p> <p>Additionally, total vehicle deliveries came in at 62,682 in Q1 2026, down 33.3% from 94,008 vehicles in the same period last year. The company has struggled to keep up its sales momentum as China's EV market slowed down. Below is a screenshot showing XPeng's vehicle delivery performance over the past few years.</p></div>

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<p>XPeng Inc. (XPEV) shares rose 4% in pre-market trading after reporting improved profit margins, with gross margin at 20.6% and vehicle margin at 12.1%. However, revenue fell 18% to ¥13.03 billion, and vehicle deliveries dropped by 33.3% to 62,682 units in Q1 2026, resulting in a net loss of ¥1.78 billion, wider than expected.</p>

- XPeng Inc. (XPEV) saw a 4% increase in pre-market trading following a report of improved profit margins, with gross margin rising to 20.6%.  
- However, the company reported an 18% decrease in revenue to ¥13.03 billion and a significant drop in vehicle deliveries, down by one-third.  
- XPeng experienced a net loss of ¥1.78 billion in Q1 2026, exceeding analyst expectations and highlighting challenges in the slowing Chinese EV market.

XPeng Earnings: XPEV Stock Rises on Stronger Margins Even as Revenue Slumps