Xp (XP) Capital Expenditures (2019 - 2026)
Xp (XP) posted quarterly Capital Expenditures of -$10.1 million for Q1 2026, down 191.98% year-over-year from $10.9 million in Q1 2025, and down 114.98% quarter-over-quarter from $67.1 million in Q4 2025.
Xp (XP) Capital Expenditures (2019 - 2026) Analysis & Trends
Xp's Capital Expenditures history runs 8 years deep, the most recent figure standing at -$10.1 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 191.98% year-over-year to -$10.1 million; the TTM figure through Mar 2026 stood at $33.1 million (up 26.77% YoY), while the FY2025 annual figure was $38.8 million, up 55.79% from the prior year.
- Capital Expenditures for Q1 2026 stood at -$10.1 million, down from $67.1 million in the prior quarter.
- The five-year high for Capital Expenditures was $67.1 million in Q4 2025, with the low at -$16.4 million in Q3 2025.
- The 5-year median for Capital Expenditures is -$2.5 million (2022), against an average of $4.3 million.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures soared 80.96% in 2023, then sank 1694.56% in 2024.
- Xp's Capital Expenditures stood at $14.8 million in 2022, then jumped by 80.96% to $26.9 million in 2023, then surged by 68.11% to $45.2 million in 2024, then soared by 48.63% to $67.1 million in 2025, then slumped by 114.98% to -$10.1 million in 2026.
- Business Quant data shows XP's Capital Expenditures at -$10.1 million in Q1 2026, $67.1 million in Q4 2025, and -$16.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 819.00 Mn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 502.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 185.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 12.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 18.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 199.45 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 18.90 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 20.16 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Xp | 8.97 Bn | -2.02 Bn | -283.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.05 Mn |
| Mar 31, 2026 | -10.05 Mn |
| Dec 31, 2025 | 67.11 Mn |
| Dec 31, 2025 | 67.11 Mn |
| Sep 30, 2025 | -16.37 Mn |
| Sep 30, 2025 | -16.37 Mn |
| Jun 30, 2025 | -7.62 Mn |
| Jun 30, 2025 | -7.62 Mn |
| Mar 31, 2025 | -3.44 Mn |
| Mar 31, 2025 | -3.44 Mn |
| Dec 31, 2024 | 45.16 Mn |
| Dec 31, 2024 | 45.16 Mn |
| Sep 30, 2024 | -9.75 Mn |
| Sep 30, 2024 | -9.75 Mn |
| Jun 30, 2024 | -5.88 Mn |
| Jun 30, 2024 | -5.88 Mn |
| Mar 31, 2024 | -6.67 Mn |
| Mar 31, 2024 | -6.67 Mn |
| Dec 31, 2023 | 26.86 Mn |
| Dec 31, 2023 | 26.86 Mn |