Xpeng (XPEV) Operating Expenses (2019 - 2026)
Xpeng's Operating Expenses was -$770.22 million in Q2 2026, compared with -$572.61 million a year earlier.
Powered by 
Analysis
Xpeng (XPEV) Operating Expenses (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xpeng's Operating Expenses was -$2.8 billion through Jun 30, 2026; for FY2025, it came in at -$2.47 billion.
- In earlier years, Operating Expenses was -$1.83 billion in FY2024, -$1.67 billion in FY2023, -$1.73 billion in FY2022 and -$1.48 billion in FY2021.
- The Q2 2026 figure marks the lowest quarterly Operating Expenses in data going back to Q3 2019.
- Per Business Quant data, XPEV's Operating Expenses in the three quarters before Q2 2026 was -$660.64 million (Q1 2026), -$684.4 million (Q4 2025) and -$682.02 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.67 Bn | 1,049.69 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 243.73 Bn | -163.01 Bn | 20.95 Bn | 78.18 Bn |
| 3 | Honda Motor | 126.52 Bn | -7.78 Bn | 8.46 Bn | -34.70 Bn |
| 4 | General Motors | 72.50 Bn | -34.01 Bn | 7.33 Bn | 46.57 Bn |
| 5 | Ferrari | 68.83 Bn | 61.27 Bn | 1.18 Bn | 471.42 Mn |
| 6 | Ford Motor | 48.36 Bn | -94.13 Bn | 6.08 Bn | 47.66 Bn |
| 7 | Rivian Automotive | 18.97 Bn | -4.34 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Magna International | 18.29 Bn | 15.51 Bn | 1.61 Bn | 273.20 Mn |
| 9 | Stellantis | 13.35 Bn | -153.18 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Xpeng | 9.11 Bn | -1.64 Bn | 601.83 Mn | -770.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -770.22 Mn |
| Mar 31, 2026 | -660.64 Mn |
| Dec 31, 2025 | -684.40 Mn |
| Sep 30, 2025 | -682.02 Mn |
| Jun 30, 2025 | -572.61 Mn |
| Mar 31, 2025 | -482.45 Mn |
| Dec 31, 2024 | -586.61 Mn |
| Sep 30, 2024 | -465.44 Mn |
| Jun 30, 2024 | -418.37 Mn |
| Mar 31, 2024 | -379.33 Mn |
| Dec 31, 2023 | -456.94 Mn |
| Sep 30, 2023 | -410.92 Mn |
| Jun 30, 2023 | -401.41 Mn |
| Mar 31, 2023 | -390.60 Mn |
| Dec 31, 2022 | -432.91 Mn |
| Sep 30, 2022 | -439.29 Mn |
| Jun 30, 2022 | -437.36 Mn |
| Mar 31, 2022 | -451.60 Mn |
| Dec 31, 2021 | -544.02 Mn |
| Sep 30, 2021 | -434.97 Mn |
API Access
Xpeng Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=XPEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "XPEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=XPEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();