XP Inc. XP
NASDAQ XP
$28.17 +6.67 (+31.05%)
As of: Oct 5, 2026 · 3:59 PM EDT

Xp (XP) FCF Margin (2019 - 2026)

Updated

Xp (XP) recorded FCF Margin of -59.09% in Q2 2026, down 326.54 percentage points from 267.45% a year earlier and down 304.54 percentage points from the prior quarter.

Analysis

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

On a TTM basis, Xp's FCF Margin came in at 588.73% as of Jun 30, 2026, up 96.27 percentage points year-over-year; for FY2025, it was 153.82%, up 1.30 percentage points from FY2024.

  • Annual FCF Margin has increased for four straight years, with a five-year change of +133.50 percentage points (FY2020 to FY2025).
  • Across earlier years, FCF Margin came in at 152.51% in FY2024 (+27.08 pp), 125.43% in FY2023 (+84.70 pp), 40.73% in FY2022 (+72.90 pp) and -32.17% in FY2021 (-52.48 pp).
  • The Q2 2026 figure is the lowest quarterly FCF Margin since Q1 2025.
  • On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -189732332.36 percentage points.
  • Peak year-over-year performance for FCF Margin in the last five years was a gain of 1517859398.76 percentage points in Q4 2023, against a drop of 1517859288.61 percentage points in Q4 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 245.46% (Q1 2026), 1422.95% (Q4 2025) and 593.15% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Robinhood Markets 101.35 Bn 82.45 Bn - 54.13%
2 Bank of New York Mellon 98.65 Bn 38.02 Bn - 34.85%
3 Cme 94.54 Bn 94.54 Bn - 54.13%
4 Intercontinental Exchange 84.23 Bn 78.04 Bn - 51.34%
5 Nasdaq 50.77 Bn 48.20 Bn 1.50 Bn 25.04%
6 State Street 48.31 Bn 48.31 Bn - -74.14%
7 Interactive Brokers 39.79 Bn 33.24 Bn - 326.90%
8 Northern Trust 31.37 Bn 31.37 Bn - -6.69%
9 Cboe Global Markets 28.34 Bn 20.00 Bn 731.60 Mn -37.17%
10 Xp 11.18 Bn -146.56 Bn 105.39 Mn -59.09%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -59.09%
Mar 31, 2026 245.46%
Dec 31, 2025 1,422.95%
Sep 30, 2025 593.15%
Jun 30, 2025 267.45%
Mar 31, 2025 -158.42%
Dec 31, 2024 1,530.11%
Sep 30, 2024 244.45%
Jun 30, 2024 310.30%
Mar 31, 2024 -204.04%
Dec 31, 2023 1,517,860,818.71%
Sep 30, 2023 -63.66%
Jun 30, 2023 1,667.11%
Mar 31, 2023 254.82%
Dec 31, 2022 1,419.95%
Sep 30, 2022 1,310.65%
Jun 30, 2022 1,057.98%
Mar 31, 2022 107.23%
Dec 31, 2021 829.38%
Sep 30, 2021 -189.83%
API Access

Xp FCF 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=fcf-margin&ticker=XP&period=max&api_key=YOUR_API_KEY