• XPeng average operating margin for 2024 was -22.13%, a 49.57% decline from 2023.
• XPeng average operating margin for 2023 was -43.88%, a 47.6% decline from 2022.
• XPeng average operating margin for 2022 was -29.73%, a 48.35% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.