Xpeng Inc Earnings: Miss on EPS and Revenue

Xpeng Inc (XPEV) reported disappointing first-quarter results on May 28, 2026, missing analyst expectations on both earnings per share and revenue. The Chinese electric vehicle manufacturer posted a loss of $1.83 per share, significantly worse than the estimated loss of $0.98 per share, representing a negative surprise of 86.70%.

The company’s actual loss per share of $1.83 compared to expectations of $0.98 highlighted operational challenges, with the deficit nearly doubling analyst projections. This 86.70% negative surprise marked a substantial disappointment for investors tracking the EV maker’s financial performance.

Revenue for the quarter reached $12.81 billion, falling short of the $13.19 billion analyst estimate by 2.87%. The $378 million revenue shortfall, while smaller in percentage terms than the EPS miss, still indicated weaker-than-expected sales performance during the reporting period.

Xpeng’s combined misses on both key financial metrics suggest the company faced headwinds in both operational efficiency and top-line growth during the quarter ending in May 2026.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.