Xpeng annual net debt
2019
2020
2021
2022
2023
2024
2025
Xpeng Net Debt Growth & History (XPEV)
Xpeng's net debt was ¥71.7M for fiscal 2025.
View full Xpeng company overviewXpeng annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥71.7M | ¥4.86B | — |
| 2024 | 2024-12-31 | −¥4.78B | ¥3.58B | — |
| 2023 | 2023-12-31 | −¥8.37B | −¥3.90B | — |
| 2022 | 2022-12-31 | −¥4.47B | ¥3.32B | — |
| 2021 | 2021-12-31 | −¥7.79B | ¥19.13B | — |
| 2020 | 2020-12-31 | −¥26.92B | −¥27.59B | — |
| 2019 | 2019-12-31 | ¥675.2M | — | — |
Xpeng quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ¥26.61B | ¥13.42B | +101.67% |
| Q1 2026 | 2026-03-31 | ¥27.04B | ¥27.10B | — |
| Q4 2025 | 2025-12-31 | ¥71.7M | ¥4.86B | — |
| Q3 2025 | 2025-09-30 | ¥17.17B | — | — |
| Q2 2025 | 2025-06-30 | ¥13.20B | — | — |
| Q1 2025 | 2025-03-31 | −¥57.8M | — | — |
| Q4 2024 | 2024-12-31 | −¥4.78B | ¥3.58B | — |
| Q4 2023 | 2023-12-31 | −¥8.37B | −¥3.90B | — |
| Q4 2022 | 2022-12-31 | −¥4.47B | ¥3.32B | — |
| Q4 2021 | 2021-12-31 | −¥7.79B | ¥19.13B | — |
| Q4 2020 | 2020-12-31 | −¥26.92B | −¥27.59B | — |
| Q4 2019 | 2019-12-31 | ¥675.2M | — | — |
Xpeng net debt trends
Over the last five fiscal years, Xpeng's net debt increased from −¥26.92B to ¥71.7M, a change of ¥26.99B. The latest reported quarter, Q2 2026, shows ¥26.61B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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