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 | 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 | 104.00 Mn |
| 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 | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | Xp | 8.97 Bn | -2.02 Bn | -283.59 Mn | 283.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |