Xpeng (XPEV) Operating Leases (2019 - 2026)

Xpeng (XPEV) has reported Operating Leases for 8 consecutive years, with $299.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Leases fell 52.68% year-over-year to $299.6 million; the TTM figure through Mar 2026 stood at $299.6 million (down 52.68% YoY), while the FY2025 annual figure was $607.3 million, up 229.35% from the prior year.
• Operating Leases fell to $299.6 million in Q1 2026 per XPEV's latest filing, from $598.7 million in the prior quarter.
• Across five years, Operating Leases topped out at $633.2 million in Q1 2025 and bottomed at $186.5 million in Q3 2024.
• Historically, Operating Leases has averaged $324.8 million across 5 years, with a median of $257.9 million in 2023.
• Annual changes were most pronounced in 2025 — Operating Leases jumped 229.65% — and 2026, when it tumbled 52.68%.
• Xpeng's Operating Leases stood at $329.8 million in 2022, then decreased by 21.8% to $257.9 million in 2023, then fell by 27.35% to $187.4 million in 2024, then soared by 219.56% to $598.7 million in 2025, then sank by 49.95% to $299.6 million in 2026.
• Business Quant data shows XPEV's Operating Leases at $299.6 million in Q1 2026, $598.7 million in Q4 2025, and $600.7 million in Q3 2025.