Xp (XP) Capital Expenditures (2019 - 2026)

Xp (XP) recorded quarterly Capital Expenditures of -$10.1 million in Q1 2026, down 114.98% quarter-over-quarter from $67.1 million in Q4 2025, and down 191.98% on a YoY basis from $10.9 million in Q1 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 $37.5 million, up 50.47% from the prior year.
  • Capital Expenditures was -$10.1 million for Q1 2026 at Xp, down from $67.1 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $67.1 million in Q4 2025 to a low of -$16.4 million in Q3 2025.
  • Historically, Capital Expenditures has averaged $4.3 million across 5 years, with a median of -$2.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures jumped 80.96% in 2023, then slumped 1694.56% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $14.8 million in 2022, then surged by 80.96% to $26.9 million in 2023, then soared by 68.11% to $45.2 million in 2024, then jumped by 48.63% to $67.1 million in 2025, then tumbled by 114.98% to -$10.1 million in 2026.
  • The last three Capital Expenditures figures came in at -$10.1 million (Q1 2026), $67.1 million (Q4 2025), and -$16.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 754.00 Mn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 565.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 140.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 26.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 165.76 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 254,000.00
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 1.22 Bn
10 Xp 7,366.40 -11.23 Bn 93.11 Mn -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