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 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 Xp 8.80 Bn 8.80 Bn 353.79 -10.05 Mn

Historic Data

Download Data
DateValue
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