Xpeng (XPEV) Accumulated Expenses (2019 - 2026)
Xpeng (XPEV) posted quarterly Accumulated Expenses of $1.8 billion for Q1 2026, up 58.95% YoY from $1.1 billion in Q1 2025, and up 2.21% sequentially from $1.8 billion in Q4 2025.
Xpeng (XPEV) Accumulated Expenses (2019 - 2026) Analysis & Trends
Xpeng has disclosed Accumulated Expenses across 8 years of filings, most recently posting $1.8 billion for Q1 2026.
- In Q1 2026, Accumulated Expenses rose 58.95% year-over-year to $1.8 billion; the TTM figure through Mar 2026 stood at $1.8 billion (up 58.95% YoY), while the FY2025 annual figure was $1.8 billion, up 51.29% from the prior year.
- Accumulated Expenses advanced to $1.8 billion in Q1 2026, from $1.8 billion in the prior quarter.
- Over the last five years, Accumulated Expenses for XPEV reached as high as $1.8 billion in Q1 2026 and fell as low as $740.6 million in Q3 2022.
- The 5-year median for Accumulated Expenses is $914.4 million (2023), against an average of $1.1 billion.
- Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 84.2% — and 2024, when it decreased 3.24%.
- A 5-year view of Accumulated Expenses shows it stood at $785.1 million in 2022, then surged by 34.1% to $1.1 billion in 2023, then rose by 14.39% to $1.2 billion in 2024, then surged by 46.8% to $1.8 billion in 2025, then grew by 2.21% to $1.8 billion in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $1.8 billion, $1.8 billion, and $1.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.81 Bn |
| Dec 31, 2025 | 1.77 Bn |
| Sep 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Mar 31, 2025 | 1.14 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 827.73 Mn |
| Mar 31, 2024 | 880.77 Mn |
| Dec 31, 2023 | 1.05 Bn |
| Sep 30, 2023 | 914.36 Mn |
| Jun 30, 2023 | 855.47 Mn |
| Mar 31, 2023 | 850.00 Mn |
| Dec 31, 2022 | 785.11 Mn |
| Sep 30, 2022 | 740.65 Mn |
| Jun 30, 2022 | 745.11 Mn |
| Mar 31, 2022 | 755.70 Mn |
| Dec 31, 2021 | 752.50 Mn |
| Sep 30, 2021 | 545.68 Mn |
| Jun 30, 2021 | 404.51 Mn |