US Stock Market Move | XPeng, Inc. ADR Sponsored Class A (XPEV.US) fell more than 6%, with first-quarter car delivery volume expected to drop significantly year-on-year.

On Friday, XPeng, Inc. ADR Sponsored Class A (XPEV.US) dropped more than 6%, closing at $17.93. In terms of news, for the first quarter of 2026, XPeng, Inc. ADR Sponsored Class A expects car deliveries to be between 61,000 and 66,000 units, a year-on-year decrease of around 29.8% to 35.1%; total revenue is expected to be between RMB 12.2 billion and RMB 13.28 billion, a year-on-year decrease of about 16.0% to 22.8%. This outlook reflects short-term demand pressure from seasonal factors such as the Chinese New Year and the traditional off-season effect in the first quarter of the automotive industry. According to the financial report, in the fourth quarter of 2025, XPeng, Inc. ADR Sponsored Class A achieved a net profit of RMB 380 million, compared to a loss of RMB 1.33 billion in the same period last year and a loss of RMB 380 million in the previous quarter. Quarterly total revenue was RMB 22.25 billion, an increase of 38.2% year-on-year, with a gross margin reaching 21.3%, a historical high. Looking at the whole year, the company achieved a total car delivery volume of 429,445 units, a year-on-year increase of 125.9%, with total revenue reaching RMB 76.72 billion in 2025, a year-on-year increase of 87.7%, but still incurred a net loss of RMB 1.14 billion for the full year.