Xpeng (XPEV) Notes Payables (2019 - 2026)

Xpeng (XPEV) posted quarterly Notes Payables of $980.6 million for Q1 2026, up 97.71% year-over-year from $496.0 million in Q1 2025, and up 62.42% quarter-over-quarter from $603.7 million in Q4 2025.

Xpeng (XPEV) Notes Payables (2019 - 2026) Analysis & Trends

Xpeng (XPEV) has reported Notes Payables for 8 consecutive years, with $980.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Notes Payables rose 97.71% year-over-year to $980.6 million; the TTM figure through Mar 2026 stood at $980.6 million (up 97.71% YoY), while the FY2025 annual figure was $612.3 million, down 3.03% from the prior year.
  • Notes Payables climbed to $980.6 million in Q1 2026 per XPEV's latest filing, from $603.7 million in the prior quarter.
  • Across five years, Notes Payables topped out at $980.6 million in Q1 2026 and bottomed at $74.6 million in Q2 2022.
  • Historically, Notes Payables has averaged $519.7 million across 5 years, with a median of $556.1 million in 2023.
  • Annual changes were most pronounced in 2022 — Notes Payables jumped 2442.66% — and 2025, when it decreased 22.23%.
  • Xpeng's Notes Payables stood at $340.2 million in 2022, then surged by 58.8% to $540.1 million in 2023, then increased by 18.79% to $641.7 million in 2024, then fell by 5.91% to $603.7 million in 2025, then soared by 62.42% to $980.6 million in 2026.
  • Business Quant data shows XPEV's Notes Payables at $980.6 million in Q1 2026, $603.7 million in Q4 2025, and $488.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 980.57 Mn
Dec 31, 2025 603.73 Mn
Sep 30, 2025 488.71 Mn
Jun 30, 2025 446.58 Mn
Mar 31, 2025 495.97 Mn
Dec 31, 2024 641.66 Mn
Sep 30, 2024 628.42 Mn
Jun 30, 2024 572.05 Mn
Mar 31, 2024 585.05 Mn
Dec 31, 2023 540.15 Mn
Sep 30, 2023 579.33 Mn
Jun 30, 2023 587.37 Mn
Mar 31, 2023 525.54 Mn
Dec 31, 2022 340.15 Mn
Sep 30, 2022 224.92 Mn
Jun 30, 2022 74.65 Mn
Sep 30, 2021 8.85 Mn
Mar 31, 2021 1.21 Mn
Dec 31, 2020 19.30 Mn
Sep 30, 2020 33.57 Mn