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| Date | Value |
|---|---|
| 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% |