Xpeng is trading 6.93% down at $11.35 after August 24, 2026 earnings showed a 179% year-over-year net-loss increase to RMB1.34 billion.

  • Revenue rose 8% to RMB19.74 billion; vehicle margin declined to 12.1% from 14.3%.
  • Reuters reported Q3 revenue guidance of RMB21.7–23.4 billion, below the RMB26.61 billion analyst estimate, amid intensifying Chinese EV competition.
  • The earnings release and outlook appear primary catalysts, outweighing improving gross margin and stronger sequential revenue; trading is active during the earnings-driven session.