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 | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | - |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Xp | 8.97 Bn | -2.02 Bn | -283.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |