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 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 68.12% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 126.33% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 69.82% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 49.29% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 34.64% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 88.24% |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 139.87% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 205.77% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 34.94% |
| 10 | Xp | 11.18 Bn | -146.56 Bn | 105.39 Mn | 118.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.82% |
| Mar 31, 2026 | 114.62% |
| Dec 31, 2025 | 113.15% |
| Sep 30, 2025 | 117.69% |
| Jun 30, 2025 | 118.37% |
| Mar 31, 2025 | 92.28% |
| Dec 31, 2024 | 533.99% |
| Sep 30, 2024 | 235.87% |
| Jun 30, 2024 | 114.64% |
| Mar 31, 2024 | 93.59% |
| Dec 31, 2023 | 97,079,800.85% |
| Sep 30, 2023 | 88.65% |
| Jun 30, 2023 | 115.82% |
| Mar 31, 2023 | 84.83% |
| Dec 31, 2022 | -365.52% |
| Sep 30, 2022 | 99.24% |
| Jun 30, 2022 | 98.76% |
| Mar 31, 2022 | 280.72% |
| Dec 31, 2021 | -152.22% |
| Sep 30, 2021 | 82.99% |
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();