XPENG INC - ADR (NYSE:XPEV) Q3 2025 Earnings Miss Estimates, Stock Falls

XPENG INC - ADR (NYSE:XPEV) has reported its financial results for the third quarter of 2025, delivering a performance that fell short of analyst expectations on key profitability and revenue metrics. The market's immediate reaction appears to reflect this disappointment, with the stock trading lower in the pre-market session.

Q3 2025 Earnings Versus Estimates

The company's results for the quarter ended September 30, 2025, showed a mixed but ultimately underwhelming picture when held against Wall Street's forecasts. While the top-line revenue was close to expectations, the bottom-line loss was deeper than anticipated.

• Revenue: The company reported revenue of RMB 20.35 billion. This came in slightly below the analyst estimate of RMB 20.64 billion.
• Earnings Per Share (Non-GAAP): The reported non-GAAP loss per share was RMB 0.43. This was a wider loss than the estimated loss of RMB 0.41 per share that analysts had projected.

Market Reaction and Recent Performance

The immediate financial markets responded negatively to the earnings miss. In pre-market trading following the release, XPENG's stock was down approximately 3.6%. This initial drop suggests investor concern over the company's inability to meet profitability targets. However, this recent decline contrasts with the stock's performance over longer periods, indicating that investor sentiment had been more positive heading into the earnings report.

• Pre-Market Performance: -3.6%
• Last Week's Performance: +0.12%
• Last Month's Performance: +17.97%

The positive momentum over the past month may have set a high bar for the earnings report, making the subsequent miss and sell-off more pronounced.

Financial Health and Liquidity

A key positive takeaway from the press release is the company's continued strong liquidity position. As of September 30, 2025, XPENG reported a robust war chest of cash and cash equivalents, restricted cash, short-term investments, and time deposits totaling RMB 48.33 billion (approximately US$6.79 billion). This substantial cash reserve provides the company with significant financial flexibility to navigate competitive pressures, fund ongoing research and development for its smart EV technology, and weather potential economic headwinds.

Forward-Looking Analyst Estimates

Looking ahead, analyst projections for the upcoming quarter and full year provide context for the company's future growth trajectory. For the fourth quarter of 2025, the market is anticipating a significant sequential improvement.

• Q4 2025 Revenue Estimate: RMB 27.21 billion
• Q4 2025 EPS Estimate: A loss of RMB 0.47 per share.

For the full fiscal year 2025, analysts are estimating sales of RMB 81.43 billion. Investors will be watching closely to see if XPENG's operational performance in the final quarter can align with these more optimistic forecasts and help restore confidence after the Q3 earnings miss.

For a more detailed breakdown of historical earnings, future estimates, and analyst ratings, you can review the data here.

Disclaimer: This article is for informational purposes only and is not intended as investment advice. The information presented should not be construed as a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.