Xpeng annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Xpeng Operating Expenses Growth & History (XPEV)
Xpeng's operating expenses was ¥17.24B for fiscal 2025.
View full Xpeng company overviewXpeng annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥17.24B | ¥4.74B | +37.91% |
| 2024 | 2024-12-31 | ¥12.50B | ¥1.16B | +10.26% |
| 2023 | 2023-12-31 | ¥11.34B | −¥562.5M | −4.73% |
| 2022 | 2022-12-31 | ¥11.90B | ¥2.48B | +26.36% |
| 2021 | 2021-12-31 | ¥9.42B | ¥4.77B | +102.72% |
| 2020 | 2020-12-31 | ¥4.65B | ¥1.41B | +43.65% |
| 2019 | 2019-12-31 | ¥3.23B | ¥1.54B | +90.98% |
| 2018 | 2018-12-31 | ¥1.69B | — | — |
Xpeng quarterly operating expenses
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ¥5.27B | ¥1.14B | +27.51% |
| Q1 2026 | 2026-03-31 | ¥4.61B | ¥1.23B | +36.23% |
| Q4 2025 | 2025-12-31 | ¥4.83B | — | — |
| Q3 2025 | 2025-09-30 | ¥4.78B | — | — |
| Q2 2025 | 2025-06-30 | ¥4.14B | — | — |
| Q1 2025 | 2025-03-31 | ¥3.38B | — | — |
Xpeng operating expenses trends
Over the last five fiscal years, Xpeng's operating expenses increased from ¥4.65B to ¥17.24B, a change of ¥12.60B. The latest reported quarter, Q2 2026, shows ¥5.27B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xpeng source filings ↗