XPeng (HAM:8XP) Research & Development: €1,270 Mil (TTM As of Mar. 2026)


HAM:8XP XPeng Inc HAM:8XP
67 GF Score
Price €5.29
GF Value €12.04
Valuation Possible Value Trap
! 2 Warning Signs
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What is XPeng Research & Development?

XPeng HAM:8XP -3.79% 67 Research & Development is €1,270 Mil as of Mar. 2026. GuruFocus rates HAM:8XP with a GF Score™ of 67/100 and a GF Value™ of €12.04 (Possible Value Trap). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. XPeng's Research & Development for the three months ended in Mar. 2026 was €365 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €1,270 Mil.

XPeng  (HAM:8XP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

XPeng Research & Development Related Terms

XPeng Research & Development Historical Data

* Premium members only.

The historical data trend for XPeng's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

XPeng Research & Development Chart

XPeng Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 571.67 706.11 677.66 846.92 1,150.68

XPeng Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 252.74 266.38 290.50 348.51 364.85
HAM:8XP
67GF Score
XPeng Inc HAM:8XP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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XPeng Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,270 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €1,270 Mil mean?
XPeng (HAM:8XP) has a Research & Development of €1,270 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on XPeng and its competitors.
Is XPeng's Research & Development too high?
XPeng's current Research & Development is €1,270 Mil. Overall, XPeng has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XPeng's Research & Development compare to LI and NIO?
XPeng's Research & Development of €1,270 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on XPeng and its competitors. XPeng's current Research & Development is €1,270 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPeng stock overvalued right now?
Based on GuruFocus' analysis, XPeng (HAM:8XP) is currently considered Possible Value Trap. The stock's GF Value™ is €12.04, compared to a current price of €5.29 — trading 56.1% below its estimated fair value. The current Research & Development is €1,270 Mil. XPeng's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For XPeng (HAM:8XP), the current Research & Development is €1,270 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XPeng (HAM:8XP) Overvalued in 2026?

Based on GuruFocus' analysis, XPeng stock appears to be undervalued. The current stock price of €5.29 is trading 56.1% below its estimated GF Value™ of €12.04. GuruFocus considers XPeng to be Possible Value Trap.

Key valuation signals for HAM:8XP:

  • Research & Development: €1,270 Mil
  • GF Value™: €12.04 vs. price of €5.29 (56.1% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the HAM:8XP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

XPeng Business Description

Address No.10, Cencun Fengzhuang Avenue, Tianhe District, Guangzhou, CHN
Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold about 430,000 EVs in 2025, accounting for about 3% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.
67GF Score

Get the complete analysis for HAM:8XP

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.29
Price
€12.04
GF Value