Xpeng (XPEV) Research & Development (2019 - 2026)
Xpeng (XPEV) posted Research & Development of -$429.54 million for Q2 2026, compared with -$307.97 million a year earlier.
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Analysis
Xpeng (XPEV) Research & Development (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Xpeng was -$1.6 billion; for FY2025, it came in at -$1.36 billion.
- In prior years, Xpeng's Research & Development was -$884.57 million in FY2024, -$743.19 million in FY2023, -$756.08 million in FY2022 and -$645.62 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Research & Development in data going back to Q3 2019.
- According to Business Quant data, Research & Development for the three prior quarters was -$421.43 million (Q1 2026), -$411.01 million (Q4 2025) and -$341.18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,306.97 Bn | 1,133.00 Bn | 4.75 Bn | 2.37 Bn |
| 2 | General Motors | 71.54 Bn | -33.07 Bn | 9.28 Bn | - |
| 3 | Ferrari | 70.02 Bn | 62.51 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Ford Motor | 47.43 Bn | -95.07 Bn | 6.08 Bn | - |
| 5 | Honda Motor | 44.81 Bn | -105.00 Bn | 8.46 Bn | 1.53 Bn |
| 6 | Toyota Motor | 25.22 Bn | -375.60 Bn | 20.95 Bn | - |
| 7 | Magna International | 17.98 Bn | 12.00 Bn | 1.61 Bn | - |
| 8 | Rivian Automotive | 15.45 Bn | -7.86 Bn | 179.00 Mn | 466.00 Mn |
| 9 | Stellantis | 13.50 Bn | -151.15 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Xpeng | 8.85 Bn | 8.85 Bn | 599.70 Mn | 428.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 428.02 Mn |
| Mar 31, 2026 | 419.68 Mn |
| Dec 31, 2025 | 405.25 Mn |
| Sep 30, 2025 | 339.36 Mn |
| Jun 30, 2025 | 305.01 Mn |
| Mar 31, 2025 | 272.48 Mn |
| Dec 31, 2024 | 279.33 Mn |
| Sep 30, 2024 | 227.86 Mn |
| Jun 30, 2024 | 202.61 Mn |
| Mar 31, 2024 | 188.86 Mn |
| Dec 31, 2023 | 181.63 Mn |
| Sep 30, 2023 | 180.53 Mn |
| Jun 30, 2023 | 195.19 Mn |
| Mar 31, 2023 | 189.42 Mn |
| Dec 31, 2022 | 172.95 Mn |
| Sep 30, 2022 | 219.09 Mn |
| Jun 30, 2022 | 191.83 Mn |
| Mar 31, 2022 | 192.42 Mn |
| Dec 31, 2021 | 227.76 Mn |
| Sep 30, 2021 | 196.21 Mn |
API Access
Xpeng Research & Development 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=research-and-development&ticker=XPEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=XPEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();