Xp (XP) EBITDA Margin (2019 - 2026)

Xp (XP) recorded quarterly EBITDA Margin of 68.96% in Q1 2026, up 37.11% quarter-over-quarter from 50.3% in Q4 2025, and down 1409.0% on a YoY basis from 5.27% in Q1 2025.

Xp (XP) EBITDA Margin (2019 - 2026) Analysis & Trends

Xp's EBITDA Margin history runs 8 years deep, the most recent figure standing at 68.96% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 1409.0% year-over-year to 68.96%; the TTM figure through Mar 2026 stood at 83.61% (up 1391.0% YoY), while the FY2025 annual figure was 69.2%, up 4948.0% from the prior year.
  • EBITDA Margin was 68.96% for Q1 2026 at Xp, up from 50.3% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 70896603.19% in Q1 2022 to a low of 0.0% in Q4 2022.
  • Historically, EBITDA Margin has averaged 4174009.29% across 5 years, with a median of 65.32% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 2000000000 bps in 2022, then slumped 2000000000 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 0.0% in 2022, then jumped by 42795 bps to 0.02% in 2023, then soared by 163821 bps to 34.34% in 2024, then jumped by 46 bps to 50.3% in 2025, then soared by 37 bps to 68.96% in 2026.
  • The last three EBITDA Margin figures came in at 68.96% (Q1 2026), 50.3% (Q4 2025), and 67.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 95.15%
3 Goldman Sachs 333.85 Bn -603.70 Bn - 136.81%
4 Schwab Charles 160.31 Bn 115.33 Bn - 61.80%
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 28.49%
6 Interactive Brokers 42.79 Bn 53.38 Bn - 14.74%
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 11.84%
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 47.66%
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -176.07%
10 Xp 7,366.40 -11.23 Bn 93.11 Mn 68.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 68.96%
Dec 31, 2025 50.30%
Sep 30, 2025 67.33%
Jun 30, 2025 33,942.22%
Mar 31, 2025 83.06%
Dec 31, 2024 34.34%
Sep 30, 2024 26,881.06%
Jun 30, 2024 34.96%
Mar 31, 2024 52.98%
Dec 31, 2023 0.02%
Sep 30, 2023 49.91%
Jun 30, 2023 87.13%
Mar 31, 2023 65.32%
Dec 31, 2022 0.00%
Sep 30, 2022 83.22%
Jun 30, 2022 53.97%
Mar 31, 2022 70,896,603.19%
Dec 31, 2021 42.64%
Sep 30, 2021 43.80%
Jun 30, 2021 57.16%