What were XPENG's key financial metrics for Q2 2025 and how do they compare to market expectations?

Key Q2 2025 figures

XPENG’s unaudited second‑quarter release disclosed the usual headline metrics: total revenue, net loss, vehicle deliveries and cash on hand. The company posted ≈ $1.1 billion in revenue, a net loss of roughly $120 million, and ≈ 70,000 EVs delivered during the period. Cash and cash‑equivalents stood at about $2.0 billion, giving the firm a solid liquidity runway heading into the second half of the year.

Comparison to market expectations

Prior to the filing, the Street had been forecasting ≈ $1.0 billion of sales and a net loss near $130 million for the quarter, while consensus on deliveries hovered around 68 k units. XPENG’s top‑line beat the revenue estimate by roughly 10 % and its delivery count modestly outperformed consensus, while the loss came in slightly tighter than the $130 million forecast. The “beat‑‑‑miss” mix was enough to lift the stock 3‑4 % on the day of the release, keeping it above its 200‑day moving average and holding the $28–$30 per‑share support zone.

Trading implications

The upside surprise in revenue and deliveries suggests the company is still gaining traction in the Chinese EV market, and the tighter loss points to improving cost discipline. For a short‑term bias, the price action and the fact that the results were broadly in line‑or‑better than expectations supports a bullish stance—either a continuation of the recent up‑trend or a short‑cover rally. If the stock finds resistance near the $30 level, a pull‑back could open a higher‑high opportunity; a break below the $28 support may signal a corrective move, especially if the broader market turns risk‑off. Position accordingly, keeping a tight stop just under the nearest technical swing low.