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% on a QoQ basis from $67.1 million in Q4 2025.

Xp (XP) Capital Expenditures (2019 - 2026) Analysis & Trends

Xp (XP) has reported Capital Expenditures for 8 consecutive years, with -$10.1 million the latest figure, recorded in 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 came in at -$10.1 million for Q1 2026 at Xp, 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.
  • Average Capital Expenditures over 5 years is $4.3 million, with a median of -$2.5 million recorded in 2022.
  • Across the five-year window, Capital Expenditures jumped 80.96% in 2023 and tumbled 1694.56% in 2024, its largest moves.
  • Year by year, Capital Expenditures 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 plunged by 114.98% to -$10.1 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$10.1 million, $67.1 million, and -$16.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 Xp - - -274.03 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