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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn |
| 10 | Xpeng | 10.54 Bn | 8.22 Bn | 601.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 980.57 Mn |
| Dec 31, 2025 | 603.73 Mn |
| Sep 30, 2025 | 488.71 Mn |
| Mar 31, 2025 | 495.97 Mn |
| Dec 31, 2024 | 641.66 Mn |
| Sep 30, 2024 | 628.42 Mn |
| Mar 31, 2024 | 585.05 Mn |
| Dec 31, 2023 | 540.15 Mn |
| Sep 30, 2023 | 579.33 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 |
| Mar 31, 2022 | 3.49 Mn |
| Sep 30, 2021 | 8.85 Mn |
| Jun 30, 2021 | 2.57 Mn |
| Mar 31, 2021 | 1.21 Mn |
| Dec 31, 2020 | 421,444.98 |
| Sep 30, 2020 | 33.57 Mn |
| Jun 30, 2020 | 685,484.69 |