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 108.04% quarter-over-quarter from -$9.7 billion in Q4 2025.

Xp (XP) Change in Working Capital (2019 - 2026) Analysis & Trends

Xp's Change in Working Capital history runs 8 years deep, the most recent figure standing at $776.9 million for 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 -$4.0 billion (up 63.72% YoY), while the FY2025 annual figure was -$7.6 billion, up 25.0% from the prior year.
  • Change in Working Capital for Q1 2026 stood at $776.9 million, up from -$9.7 billion in the prior quarter.
  • The five-year high for Change in Working Capital was $7.6 billion in Q3 2025, with the low at -$10.6 billion in Q4 2024.
  • The 5-year median for Change in Working Capital is -$1.1 billion (2022), against an average of -$1.5 billion.
  • The sharpest annual moves came in 2022 and 2024: Change in Working Capital slumped 12380.63% in 2022, then surged 540.75% in 2024.
  • Xp's Change in Working Capital stood at -$1.1 billion in 2022, then surged by 62.25% to -$415.5 million in 2023, then plunged by 2459.49% to -$10.6 billion in 2024, then grew by 9.11% to -$9.7 billion in 2025, then jumped by 108.04% to $776.9 million in 2026.
  • Business Quant data shows XP's Change in Working Capital at $776.9 million in Q1 2026, -$9.7 billion in Q4 2025, and $7.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Xp 8.80 Bn 8.80 Bn 353.79 776.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 776.90 Mn
Mar 31, 2026 776.90 Mn
Dec 31, 2025 -9.67 Bn
Dec 31, 2025 -9.67 Bn
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 -10.64 Bn
Dec 31, 2024 -10.64 Bn
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 -415.52 Mn
Dec 31, 2023 -415.52 Mn