Xp (XP) Change in Working Capital (2019 - 2026)
Xp (XP) posted quarterly Change in Working Capital of $776.9 million for Q1 2026, up 130.65% year-over-year from $336.8 million in Q1 2025, and up 1129.8% on a QoQ basis from $63.2 million in Q4 2025.
Xp (XP) Change in Working Capital (2019 - 2026) Analysis & Trends
Xp (XP) has reported Change in Working Capital for 8 consecutive years, with $776.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Working Capital rose 130.65% year-over-year to $776.9 million; the TTM figure through Mar 2026 stood at $5.7 billion (up 1326.54% YoY), while the FY2025 annual figure was -$7.6 billion, up 25.0% from the prior year.
- Change in Working Capital came in at $776.9 million for Q1 2026 at Xp, up from $63.2 million in the prior quarter.
- The five-year high for Change in Working Capital was $7.6 billion in Q3 2025, with the low at -$2.7 billion in Q2 2025.
- Average Change in Working Capital over 5 years is -$247.6 million, with a median of -$567.6 million recorded in 2023.
- Across the five-year window, Change in Working Capital plunged 12380.63% in 2022 and soared 540.75% in 2024, its largest moves.
- Year by year, Change in Working Capital stood at -$1.1 billion in 2022, then surged by 105.59% to $61.6 million in 2023, then slipped by 12.47% to $53.9 million in 2024, then increased by 17.24% to $63.2 million in 2025, then soared by 1129.8% to $776.9 million in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered $776.9 million, $63.2 million, and $7.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Xp | - | - | -274.03 Mn | 776.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 776.90 Mn |
| Mar 31, 2026 | 776.90 Mn |
| Dec 31, 2025 | 63.17 Mn |
| Dec 31, 2025 | 63.17 Mn |
| Sep 30, 2025 | 7.58 Bn |
| Sep 30, 2025 | 7.58 Bn |
| Jun 30, 2025 | -2.74 Bn |
| Jun 30, 2025 | -2.74 Bn |
| Mar 31, 2025 | -2.54 Bn |
| Mar 31, 2025 | -2.54 Bn |
| Dec 31, 2024 | 53.88 Mn |
| Dec 31, 2024 | 53.88 Mn |
| Sep 30, 2024 | 2.50 Bn |
| Sep 30, 2024 | 2.50 Bn |
| Jun 30, 2024 | -483.82 Mn |
| Jun 30, 2024 | -483.82 Mn |
| Mar 31, 2024 | -1.76 Bn |
| Mar 31, 2024 | -1.76 Bn |
| Dec 31, 2023 | 61.56 Mn |
| Dec 31, 2023 | 61.56 Mn |