XPeng Inc Class A

09868: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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XPeng Earnings: Revenue and Margin Missed; Volume Guided to Rebound on New Models and Exports

Vincent Sun

May 29, 2026

XPeng’s first-quarter revenue was at the high end of guidance. Vehicle margin recovered to 12% from 10% a year ago, benefiting from cost-reduction efforts and higher export mix, but narrowed 1 percentage point from the last quarter due to higher input costs.

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United States

XPeng Inc Class A

XPeng Earnings: Revenue and Margin Missed; Volume Guided to Rebound on New Models and Exports

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