Capital Expenditures for XPeng (XPEV)
According to XPeng's latest reported financial statements, the company's current capital expenditures (TTM) is $0 USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

XPEV
Currently viewingCapital ExpendituresSwitch metric
Latest period
$0
YoY change
+37.9%
5Y CAGR
+19.7%
Peak year (2022)
$4.68B
Cumulative capital expenditures
$21.36B
CapEx history chart for XPeng (XPEV) from 2018 to 2025
CapEx history table for XPeng (XPEV) from 2018 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $3.35B | +37.9% | ||
| 2024 | $2.43B | +5.0% | ||
| 2023 | $2.31B | -50.6% | ||
| 2022 | $4.68B | +8.4% | ||
| 2021 | $4.32B | +216.9% | ||
| 2020 | $1.36B | -28.6% | ||
| 2019 | $1.91B | +89.1% | ||
| 2018 | $1.01B | — |
CapEx values are taken from XPeng's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
2025's annual capital expenditures for XPeng (XPEV) came in at $3.35B – surged 37.9% year-over-year.
Through 2020–2025 (5 years), XPeng capital expenditures delivered a +19.7% annualised rate; sustaining 2 straight years of year-over-year growth.
XPeng capital expenditures declined from $4.68B in 2022 to $3.35B in 2025, a 28.5% drawdown.
2022 marks the peak capital expenditures at $4.68B, with the historical low of $1.01B recorded in 2018.
Among 8 Consumer Cyclical peers, XPeng (XPEV) ranks 6th; the peer median for capital expenditures is $3.52B.
XPeng Capital Expenditures by Year
XPeng Capital Expenditures 2025: $3.35B
XPeng capital expenditures in 2025 was $3.35B, surged 37.9% from 2024.
XPeng Capital Expenditures 2024: $2.43B
XPeng capital expenditures in 2024 was $2.43B, grew 5.0% from 2023.
XPeng Capital Expenditures 2023: $2.31B
XPeng capital expenditures in 2023 was $2.31B, plunged 50.6% below 2022.
XPeng Capital Expenditures 2022: $4.68B
XPeng capital expenditures in 2022 was $4.68B, grew 8.4% from 2021. This figure represents the highest annual value in the available history.
XPeng Capital Expenditures 2021: $4.32B
XPeng capital expenditures in 2021 was $4.32B.
See more financial history for XPeng (XPEV).
Sector peers — CapEx
Companies in the same sector as XPeng, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is XPeng's capital expenditures?
- Latest reported capital expenditures for XPeng (XPEV) is $0 (period ending June 30, 2025).
How has XPeng capital expenditures changed year-over-year?
- XPeng (XPEV) capital expenditures changed +37.9% year-over-year on the latest annual filing.
What is the long-term growth rate of XPeng capital expenditures?
- XPeng (XPEV) capital expenditures compound annual growth rate is +19.7% over the most recent 5 years available.
When did XPeng capital expenditures hit its highest annual value?
- XPeng capital expenditures reached its highest annual value of $4.68B in 2022.
What was XPeng capital expenditures in 2024?
- XPeng (XPEV) capital expenditures in 2024 was $2.43B.
What was XPeng capital expenditures in 2025?
- XPeng (XPEV) capital expenditures in 2025 was $3.35B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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