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 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn | -42.23% |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn | 13.65% |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn | 0.12% |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn | -12.50% |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn | 13.70% |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn | -0.10% |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn | -68.42% |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn | -0.89% |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn | 2.27% |
| 10 | Fabric.AI | 11.76 Mn | -9.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.70 |
| Jun 30, 2026 | 13.70 |
| Jun 30, 2026 | 13.70 |
| Mar 31, 2026 | 0.64 |
| Mar 31, 2026 | 0.64 |
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | -1.83 |
| Dec 31, 2025 | -1.83 |
| Dec 31, 2025 | -1.83 |
| Sep 30, 2025 | -2.04 |
| Sep 30, 2025 | -2.04 |
| Sep 30, 2025 | -2.04 |
| 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 | -40.31 |
| Dec 31, 2024 | -40.31 |