Xpeng (XPEV) Tax Rate (2019 - 2026)

Xpeng (XPEV) posted quarterly Tax Rate of 0.64% for Q1 2026, down 65.0% YoY from 1.83% in Q1 2025, and up 108.53% sequentially from 7.5% in Q4 2025.

Xpeng (XPEV) Tax Rate (2019 - 2026) Analysis & Trends

Xpeng has disclosed Tax Rate across 8 years of filings, most recently posting 0.64% for Q1 2026.

  • In Q1 2026, Tax Rate fell 65.0% year-over-year to 0.64%; the TTM figure through Mar 2026 stood at 0.73% (up 215.0% YoY), while the FY2025 annual figure was 1.19%, up 237.0% from the prior year.
  • Tax Rate improved to 0.64% in Q1 2026, from 7.5% in the prior quarter.
  • Over the last five years, Tax Rate for XPEV reached as high as 1.33% in Q4 2023 and fell as low as 7.5% in Q4 2025.
  • The 5-year median for Tax Rate is 0.14% (2022), against an average of 0.71%.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 181 bps — and 2024, when it sank 513 bps.
  • A 5-year view of Tax Rate shows it stood at 0.48% in 2022, then surged by 379 bps to 1.33% in 2023, then plunged by 386 bps to 3.8% in 2024, then plunged by 97 bps to 7.5% in 2025, then soared by 109 bps to 0.64% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.64%, 7.5%, and 2.03% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 34.36%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 12.40%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 19.18%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 0.64%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 0.48%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -12.50%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 3.79%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -0.12%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -0.02%
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn -43.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.64%
Mar 31, 2026 0.64%
Dec 31, 2025 -7.50%
Dec 31, 2025 -7.50%
Sep 30, 2025 -2.03%
Sep 30, 2025 -2.03%
Jun 30, 2025 -1.71%
Jun 30, 2025 -1.71%
Mar 31, 2025 1.29%
Mar 31, 2025 1.29%
Dec 31, 2024 -3.80%
Dec 31, 2024 -3.80%
Sep 30, 2024 0.49%
Sep 30, 2024 0.49%
Jun 30, 2024 -2.88%
Jun 30, 2024 -2.88%
Mar 31, 2024 0.09%
Mar 31, 2024 0.09%
Dec 31, 2023 1.33%
Dec 31, 2023 1.33%