Company Financial Statements (Parent Company Only) (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Text Block [Abstract] |
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| Condensed Balance Sheets |
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ASSETS |
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Current assets |
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Cash and cash equivalents |
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1,651,285 |
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1,167,864 |
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Short-term deposits |
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11,938,371 |
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9,898,566 |
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Long-term deposits, current portion |
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— |
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574,758 |
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Prepayments and other current assets |
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15,502 |
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2,859 |
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Total current assets |
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13,605,158 |
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11,644,047 |
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Investments in subsidiaries and VIEs |
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17,114,366 |
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18,141,770 |
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Long-term investments |
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724,548 |
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864,857 |
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17,838,914 |
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19,006,627 |
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Total assets |
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31,444,072 |
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30,650,674 |
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Condensed Balance Sheets (continued) |
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LIABILITIES |
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Current liabilities |
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Accruals and other liabilities |
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1,344 |
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1,075 |
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Derivative liability |
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— |
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281,009 |
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Total current liabilities |
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1,344 |
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282,084 |
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Non-current liabilities |
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Derivative liability |
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167,940 |
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— |
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Total non-current liabilities |
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167,940 |
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— |
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Total liabilities |
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169,284 |
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282,084 |
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SHAREHOLDERS’ EQUITY |
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Class A Ordinary shares |
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104 |
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105 |
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Class B Ordinary shares |
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21 |
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21 |
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Additional paid-in capital |
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70,671,685 |
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71,236,011 |
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Statutory and other reserves |
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95,019 |
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137,720 |
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Accumulated deficit |
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(41,585,549 |
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(42,767,710 |
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Accumulated other comprehensive income |
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2,093,508 |
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1,762,443 |
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Total shareholders’ equity |
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31,274,788 |
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30,368,590 |
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Total liabilities and shareholders’ equity |
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31,444,072 |
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30,650,674 |
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| Condensed Statements of Comprehensive Loss |
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Condensed Statements of Comprehensive Loss |
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For the Year Ended December 31, |
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Operating expenses |
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Selling, general and administrative expenses |
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(28,511 |
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(16,706 |
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(15,401 |
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Total operating expenses |
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(28,511 |
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(16,706 |
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(15,401 |
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Fair value gain (loss) on derivative liability relating to the contingent consideration |
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29,339 |
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234,245 |
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(117,305 |
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Gain (Loss) from operations |
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828 |
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217,539 |
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(132,706 |
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Interest income |
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601,475 |
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783,148 |
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526,262 |
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Equity in loss of subsidiaries and VIEs |
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(10,165,831 |
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(6,376,372 |
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(2,479,729 |
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Other non-operating income, net |
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17,718 |
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88,592 |
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21,169 |
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Exchange (loss) gain from foreign currency transactions |
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(473,467 |
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(455,608 |
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849,932 |
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Investment (loss) gain on long-term investments |
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(821 |
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(18,489 |
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44,684 |
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Fair value loss on derivative assets or derivative liabilities |
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(410,417 |
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— |
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— |
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Loss before income tax expenses and share of results of equity method investees |
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(10,430,515 |
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(5,761,190 |
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(1,170,388 |
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Income tax expenses |
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— |
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(5 |
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— |
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Share of results of equity method investees |
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54,740 |
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(29,069 |
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30,928 |
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Net loss |
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(10,375,775 |
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(5,790,264 |
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(1,139,460 |
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Net loss attributable to ordinary shareholders of XPeng Inc. |
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(10,375,775 |
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(5,790,264 |
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(1,139,460 |
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Net loss |
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(10,375,775 |
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(5,790,264 |
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(1,139,460 |
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Other comprehensive income (loss) |
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Foreign currency translation adjustment, net of tax |
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286,614 |
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262,870 |
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(331,065 |
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Total comprehensive loss attributable to XPeng Inc. |
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(10,089,161 |
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(5,527,394 |
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(1,470,525 |
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Comprehensive loss attributable to ordinary shareholders of XPeng Inc. |
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(10,089,161 |
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(5,527,394 |
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(1,470,525 |
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| Consolidated Statements of Cash Flows |
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Condensed Statements of Cash Flows |
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For the Year Ended December 31, |
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| Cash flows from operating activities |
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520,066 |
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683,003 |
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602,382 |
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| Cash flows from investing activities |
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| Maturity (placement) of term deposits |
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4,164,149 |
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(1,961,056 |
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1,140,950 |
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| Investment in equity investees |
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(5,306,987 |
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(2,257,875 |
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(2,215,607 |
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| Cash paid for long-term investments |
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(188,681 |
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(144,192 |
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(103,434 |
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| Disposal of long-term investments |
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— |
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— |
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28,571 |
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| Net cash used in investing activities |
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(1,331,519 |
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(4,363,123 |
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(1,149,520 |
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| Cash flows from financing activities |
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| Proceeds from issuance of ordinary shares to Volkswagen |
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5,019,599 |
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— |
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— |
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| Net cash provided by financing activities |
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5,019,599 |
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— |
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— |
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| Effects of exchange rate changes on cash, cash equivalents and restricted cash |
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27,795 |
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143,808 |
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63,717 |
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| Net increase (decrease) in cash, cash equivalents and restricted cash |
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4,235,941 |
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(3,536,312 |
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(483,421 |
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| Cash, cash equivalents and restricted cash at beginning of the year |
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951,656 |
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5,187,597 |
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1,651,285 |
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| Cash, cash equivalents and restricted cash at end of the year |
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5,187,597 |
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1,651,285 |
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1,167,864 |
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