XPeng Inc. (XPEV) Announced Q2 2026 Earnings on August 24, 2026, Reporting "total revenues were RMB 19.74 billion for the second quarter of 2026".

XPeng Inc. reported total revenues of "RMB 19.74 billion for the second quarter of 2026", which represents "an increase of 8% year-over-year and an increase of 51.5% quarter-over-quarter". Revenues from vehicle sales were "RMB 17.05 billion for the second quarter of 2026", which was "an increase of 1% year-over-year and an increase of 55% quarter-over-quarter". Revenues from services and others reached "RMB 2.7 billion for the second quarter of 2026", representing "an increase of 93.9% year-over-year and an increase of 32.6% quarter-over-quarter". The company's gross margin was 20.7% for the second quarter of 2026, while the vehicle margin was 12.1% for the second quarter of 2026.Loss of operations was "RMB 1.14 billion for the second quarter of 2026" and net loss was "RMB 1.34 billion for the second quarter of 2026". The company's cash position as of June 30, 2026, was "RMB 40.48 billion".Management highlighted a strong focus on its transformation into a "global leader in physical AI" and robotics, noting that the "technological challenges and level of innovation required for advanced general purpose of humanoid robots are far greater than those for smart EVs by at least 20 times". XPeng announced the first round of financing for its robotics business, which "raised over USD 900 million at over USD 6.2 billion post-money valuation". To leverage group synergy, Co-Founder, Chairman and CEO He Xiaopeng took on the role of CEO of the robotics business since June. On the automotive side, the company's vehicle deliveries reached 103,295 units in the second quarter, representing "up 65% quarter-over-quarter". International operations represented a major growth engine, with overseas quarterly deliveries exceeding 20,000 units for the first time in the second quarter, representing an increase of "81% year-over-year".In terms of product and technology milestones, XPeng announced plans to roll out a major upgrade to "VLA 2.0" at the end of August, featuring a "3.5x" parameter count increase in its undeviced model and a "300% improvement in perception sensitivity". The pre-installed mass-produced Robotaxi powered by VLA 2.0 has completed "more than 2,000 internal test orders in Guangzhou", with the goal of beginning passenger operations without a safety operator in the car next year.Additionally, the development of the mass-produced version of the humanoid robot, IRON, is progressing toward scale production by year-end, with "initial commercial deployments in XPeng stores and campuses". For the third quarter of 2026, XPeng expects deliveries to be "approximately 115,000 to up 121,000 units", representing "quarter-over-quarter growth of 11.3% to 17.1%". Third quarter revenue is expected to be "approximately RMB 21.7 billion to RMB 23.4 billion", representing "quarter-over-quarter growth of 9.9% to 18.5%".📊 I can map out these Q2 2026 metrics against the previous Q1 2026 and Q4 2025 results to build a visualization of XPeng's sequential financial and delivery trajectories.