Xp (XP) EBITDA (2018 - 2026)
Xp (XP) posted EBITDA of $442.0 million for Q2 2026, up 9.15% on a QoQ basis from $404.9 million in Q1 2026, and up 22.2% year-over-year from $361.7 million in Q2 2025.
Analysis
Xp (XP) EBITDA (2018 - 2026) Analysis & Trends
Xp has reported EBITDA for 9 years, with the latest figure at $442.0 million in Q2 2026.
- On a quarterly basis, EBITDA rose 22.2% year-over-year to $442.0 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 37.34% decrease from a year earlier, with the FY2025 full-year figure at $4.2 billion, up 34.56% from the prior year.
- EBITDA was $442.0 million for Q2 2026 at Xp, up from $404.9 million in the prior quarter.
- The five-year high for EBITDA was $1.5 billion in Q4 2024, with the low at -$346.4 million in Q1 2024.
- Average EBITDA over 5 years is $357.4 million, with a median of $326.5 million recorded in 2023.
- The largest YoY upside for EBITDA was 1678.06% in 2024 against a maximum downside of 287.39% in 2024.
- Over 5 years, EBITDA stood at $168.4 million in 2022, then sank by 50.72% to $83.0 million in 2023, then surged by 1678.06% to $1.5 billion in 2024, then plunged by 66.39% to $496.0 million in 2025, then dropped by 10.89% to $442.0 million in 2026.
- The last three EBITDA figures came in at $442.0 million (Q2 2026), $404.9 million (Q1 2026), and $496.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 470.00 Mn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 2.64 Bn |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 617.01 Mn |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 569.75 Mn |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 56.81 Mn |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 441.96 Mn |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 62.59 Mn |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | -30.35 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -386,954.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 441.96 Mn |
| Mar 31, 2026 | 404.90 Mn |
| Dec 31, 2025 | 495.99 Mn |
| Sep 30, 2025 | 437.55 Mn |
| Jun 30, 2025 | 361.67 Mn |
| Mar 31, 2025 | 191.75 Mn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 812.41 Mn |
| Jun 30, 2024 | 416.99 Mn |
| Mar 31, 2024 | -346.44 Mn |
| Dec 31, 2023 | 83.00 Mn |
| Sep 30, 2023 | 316.40 Mn |
| Jun 30, 2023 | 336.51 Mn |
| Mar 31, 2023 | 184.87 Mn |
| Dec 31, 2022 | 168.42 Mn |
| Sep 30, 2022 | 220.08 Mn |
| Jun 30, 2022 | 204.29 Mn |
| Mar 31, 2022 | 227.89 Mn |
| Dec 31, 2021 | 249.20 Mn |
| Sep 30, 2021 | 192.66 Mn |