Xpeng (XPEV) Tax Rate (2019 - 2026)

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

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

Xpeng (XPEV) has reported Tax Rate for 8 consecutive years, with 0.64% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 65.0% year-over-year to 0.64%; the TTM figure through Mar 2026 stood at 0.75% (up 216.0% YoY), while the FY2025 annual figure was 1.19%, up 237.0% from the prior year.
  • Tax Rate rose to 0.64% in Q1 2026 per XPEV's latest filing, from 7.5% in the prior quarter.
  • Across five years, Tax Rate topped out at 1.33% in Q4 2023 and bottomed at 7.5% in Q4 2025.
  • Historically, Tax Rate has averaged 0.71% across 5 years, with a median of 0.14% in 2022.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 181 bps — and 2024, when it tumbled 513 bps.
  • Xpeng's Tax Rate stood at 0.48% in 2022, then soared by 379 bps to 1.33% in 2023, then tumbled by 386 bps to 3.8% in 2024, then plunged by 97 bps to 7.5% in 2025, then jumped by 109 bps to 0.64% in 2026.
  • Business Quant data shows XPEV's Tax Rate at 0.64% in Q1 2026, 7.5% in Q4 2025, and 2.03% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,040.86 Bn 997.94 Bn 4.75 Bn 15.12%
2 Toyota Motor 242.43 Bn 113.98 Bn 12.27 Bn 20.99%
3 Polestar Automotive Holding UK 199.81 Bn 199.81 Bn -20.00 Mn -
4 Ford Motor 85.01 Bn 53.71 Bn 6.08 Bn 34.97%
5 General Motors 78.23 Bn 55.16 Bn 7.33 Bn 13.65%
6 Li Auto 25.97 Bn 12.60 Bn 262.11 Mn -12.50%
7 Xpeng 22.53 Bn 19.99 Bn 388.90 Mn 0.64%
8 Rivian Automotive 21.19 Bn 15.90 Bn 179.00 Mn 0.12%
9 Stellantis 16.26 Bn -24.66 Bn 5.55 Bn 41.40%
10 Nio 11.54 Bn 8.43 Bn 704.43 Mn 3.79%

Historic Data

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