Xp (XP) Cost of Revenue (2018 - 2026)

Xp (XP) posted quarterly Cost of Revenue of $13.3 for Q1 2026, down 100.0% year-over-year from $9.7 million in Q1 2025, and down 100.0% quarter-over-quarter from $14838.8 billion in Q4 2025.

Xp (XP) Cost of Revenue (2018 - 2026) Analysis & Trends

Xp's Cost of Revenue history runs 9 years deep, the most recent figure standing at $13.3 for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 100.0% year-over-year to $13.3; the TTM figure through Mar 2026 stood at $43102.1 billion (up 103340936.33% YoY), while the FY2025 annual figure was $54.6 million, up 113.07% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $13.3, down from $14838.8 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $14838.8 billion in Q4 2025, with the low at $0.0 in Q3 2024.
  • The 5-year median for Cost of Revenue is $9.7 million (2025), against an average of $3003.6 billion.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 100.0% in 2023, then soared 1.8414233284512606e+20% in 2025.
  • Xp's Cost of Revenue stood at $26.4 million in 2022, then climbed by 29.83% to $34.2 million in 2023, then slipped by 25.12% to $25.6 million in 2024, then surged by 57886104.72% to $14838.8 billion in 2025, then tumbled by 100.0% to $13.3 in 2026.
  • Business Quant data shows XP's Cost of Revenue at $13.3 in Q1 2026, $14838.8 billion in Q4 2025, and $14132.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (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 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 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 13.30

Historic Data

Download Data
DateValue
Mar 31, 2026 13.30
Mar 31, 2026 13.30
Dec 31, 2025 14,838.76 Bn
Dec 31, 2025 14,838.76 Bn
Sep 30, 2025 14,132.25 Bn
Sep 30, 2025 14,132.25 Bn
Jun 30, 2025 14,131.06 Bn
Jun 30, 2025 14,131.06 Bn
Mar 31, 2025 9.73 Mn
Mar 31, 2025 9.73 Mn
Dec 31, 2024 25.63 Mn
Dec 31, 2024 25.63 Mn
Sep 30, 2024 0.00
Sep 30, 2024 0.00
Jun 30, 2024 6.35 Mn
Jun 30, 2024 6.35 Mn
Mar 31, 2024 6.48
Mar 31, 2024 6.48
Dec 31, 2023 34.24 Mn
Dec 31, 2023 34.24 Mn