05:50 AM EDT, 05/21/2025 (MT Newswires) -- XPeng ( XPEV ) reported a Q1 adjusted net loss Wednesday of 0.45 Chinese renminbi ($0.06) per diluted American depositary share, narrower than a loss of 1.49 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 1.30 renminbi.

Revenue for the quarter ended March 31 was 15.81 billion renminbi compared with 6.55 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 15.1 billion renminbi.

For Q2, the company said it expects revenue of 17.5 billion renminbi to 18.7 billion renminbi. Analysts polled by FactSet expect 17.02 billion renminbi.

XPeng ( XPEV ) shares were up 7.3% in recent premarket activity.