Xpeng (XPEV) Payables (2019 - 2026)
Xpeng (XPEV) posted quarterly Payables of $2.9 billion for Q1 2026, down 32.03% year-over-year from $4.2 billion in Q1 2025, and down 8.83% quarter-over-quarter from $3.1 billion in Q4 2025.
Xpeng (XPEV) Payables (2019 - 2026) Analysis & Trends
Xpeng (XPEV) has reported Payables for 8 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables fell 32.03% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $2.9 billion (down 32.03% YoY), while the FY2025 annual figure was $3.2 billion, down 16.0% from the prior year.
- Payables fell to $2.9 billion in Q1 2026 per XPEV's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Payables topped out at $4.2 billion in Q1 2025 and bottomed at $2.1 billion in Q2 2023.
- Historically, Payables has averaged $2.8 billion across 5 years, with a median of $2.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Payables surged 142.4% — and 2026, when it sank 32.03%.
- Xpeng's Payables stood at $2.3 billion in 2022, then soared by 54.91% to $3.6 billion in 2023, then declined by 23.99% to $2.8 billion in 2024, then grew by 14.03% to $3.1 billion in 2025, then declined by 8.83% to $2.9 billion in 2026.
- Business Quant data shows XPEV's Payables at $2.9 billion in Q1 2026, $3.1 billion in Q4 2025, and $3.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 15.32 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 35.66 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 11.36 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 27.01 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 28.84 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 5.19 Bn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 2.86 Bn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 889.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 39.06 Bn |
| 10 | Nio | 11.72 Bn | 7.14 Bn | 704.43 Mn | 8.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.86 Bn |
| Dec 31, 2025 | 3.14 Bn |
| Sep 30, 2025 | 2.98 Bn |
| Jun 30, 2025 | 2.81 Bn |
| Mar 31, 2025 | 4.21 Bn |
| Dec 31, 2024 | 2.76 Bn |
| Sep 30, 2024 | 3.03 Bn |
| Jun 30, 2024 | 2.83 Bn |
| Mar 31, 2024 | 3.39 Bn |
| Dec 31, 2023 | 3.62 Bn |
| Sep 30, 2023 | 2.87 Bn |
| Jun 30, 2023 | 2.15 Bn |
| Mar 31, 2023 | 2.19 Bn |
| Dec 31, 2022 | 2.34 Bn |
| Sep 30, 2022 | 2.33 Bn |
| Jun 30, 2022 | 2.39 Bn |
| Mar 31, 2022 | 2.18 Bn |
| Dec 31, 2021 | 1.93 Bn |
| Sep 30, 2021 | 1.38 Bn |
| Jun 30, 2021 | 1.00 Bn |