Xp (XP) EBITDA Margin (2019 - 2026)
Xp (XP) recorded EBITDA Margin of 118.82% in Q2 2026, up 0.46 percentage points from 118.37% a year earlier and up 4.21 percentage points from the prior quarter.
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Analysis
Xp (XP) EBITDA Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Xp's EBITDA Margin came in at 115.97% as of Jun 30, 2026, down 135.87 percentage points year-over-year; for FY2025, it was 103.82%, down 125.88 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +66.96 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 229.69% in FY2024 (+3.86 pp), 225.83% in FY2023 (+122.37 pp), 103.47% in FY2022 (+58.35 pp) and 45.12% in FY2021 (+8.26 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin since Q4 2024.
- On a year-over-year basis, EBITDA Margin rose in four of the last eight quarters, with an average year-over-year change of -12134954.18 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 97080166.37 percentage points in Q4 2023, against a drop of 97079266.87 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 114.62% (Q1 2026), 113.15% (Q4 2025) and 117.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 104.90 Bn | 93.23 Bn | - | 70.50% |
| 2 | Bank of New York Mellon | 100.13 Bn | 100.13 Bn | - | - |
| 3 | Intercontinental Exchange | 87.19 Bn | 80.99 Bn | - | 49.29% |
| 4 | Robinhood Markets | 85.01 Bn | 85.09 Bn | - | - |
| 5 | Nasdaq | 58.28 Bn | 55.72 Bn | 1.48 Bn | 37.48% |
| 6 | State Street | 46.95 Bn | 46.95 Bn | - | - |
| 7 | Interactive Brokers | 37.06 Bn | 54.10 Bn | - | - |
| 8 | Cboe Global Markets | 33.98 Bn | 25.63 Bn | 731.60 Mn | 34.94% |
| 9 | Northern Trust | 31.17 Bn | 31.17 Bn | - | - |
| 10 | Xp | 8.30 Bn | -13.53 Bn | 105.39 Mn | -54.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -54.22% |
| Mar 31, 2026 | -55.26% |
| Dec 31, 2025 | -27.64% |
| Sep 30, 2025 | -43.55% |
| Jun 30, 2025 | -56.89% |
| Mar 31, 2025 | -83.30% |
| Dec 31, 2024 | -106.51% |
| Sep 30, 2024 | 151,431.58% |
| Jun 30, 2024 | -34.79% |
| Mar 31, 2024 | 168,464.74% |
| Dec 31, 2023 | 146,041,557,628.92% |
| Sep 30, 2023 | 158,865.38% |
| Jun 30, 2023 | -56.28% |
| Mar 31, 2023 | 74.88% |
| Dec 31, 2022 | 59.53% |
| Sep 30, 2022 | 73.97% |
| Jun 30, 2022 | 68.04% |
| Mar 31, 2022 | 82.29% |
| Dec 31, 2021 | 33.21% |
| Sep 30, 2021 | 63.21% |
API Access
Xp EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=XP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "XP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();