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

Xp (XP) has reported Cost of Revenue for 9 consecutive years, with $274.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 25.15% year-over-year to $274.0 million; the TTM figure through Mar 2026 stood at $1.0 billion (down 22.2% YoY), while the FY2025 annual figure was $54.6 million, up 113.07% from the prior year.
• Cost of Revenue came in at $274.0 million for Q1 2026 at Xp, up from $272.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $229923.5 billion in Q3 2023, with the low at $0.0 in Q1 2022.
• Average Cost of Revenue over 5 years is $13525.1 billion, with a median of $219.0 million recorded in 2025.
• Across the five-year window, Cost of Revenue plunged 100.0% in 2022 and surged 118429186347658.34% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $26.37 in 2022, then surged by 129831573.95% to $34.2 million in 2023, then jumped by 2444.71% to $871.2 million in 2024, then slumped by 68.7% to $272.7 million in 2025, then grew by 0.5% to $274.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $274.0 million, $272.7 million, and $255.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.