Xp (XP) Free Cash Flow (2019 - 2026)

Xp (XP) posted quarterly Free Cash Flow of $901.0 million for Q1 2026, up 302.0% year-over-year from $224.1 million in Q1 2025, and up 355.16% on a QoQ basis from -$353.1 million in Q4 2025.

Xp (XP) Free Cash Flow (2019 - 2026) Analysis & Trends

Xp (XP) has reported Free Cash Flow for 8 consecutive years, with $901.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 302.0% year-over-year to $901.0 million; the TTM figure through Mar 2026 stood at $3.7 billion (up 68.05% YoY), while the FY2025 annual figure was $2.4 billion, up 23.86% from the prior year.
  • Free Cash Flow came in at $901.0 million for Q1 2026 at Xp, up from -$353.1 million in the prior quarter.
  • The five-year high for Free Cash Flow was $2.3 billion in Q3 2025, with the low at -$670.0 million in Q1 2024.
  • Average Free Cash Flow over 5 years is $430.0 million, with a median of $362.5 million recorded in 2023.
  • The largest YoY upside for Free Cash Flow was 14459.26% in 2023 against a maximum downside of 917.31% in 2023.
  • Year by year, Free Cash Flow stood at $293.9 million in 2022, then soared by 174.62% to $807.2 million in 2023, then dropped by 24.16% to $612.2 million in 2024, then slumped by 157.69% to -$353.1 million in 2025, then soared by 355.16% to $901.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $901.0 million, -$353.1 million, and $2.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -7.85 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - -32.43 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 7.20 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 2.03 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 124.64 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 103.58 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 11.72 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -1.15 Bn
10 Xp - - -274.03 Mn 901.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 901.04 Mn
Mar 31, 2026 901.04 Mn
Dec 31, 2025 -353.13 Mn
Dec 31, 2025 -353.13 Mn
Sep 30, 2025 2.28 Bn
Sep 30, 2025 2.28 Bn
Jun 30, 2025 847.75 Mn
Jun 30, 2025 847.75 Mn
Mar 31, 2025 -446.05 Mn
Mar 31, 2025 -446.05 Mn
Dec 31, 2024 612.15 Mn
Dec 31, 2024 612.15 Mn
Sep 30, 2024 855.42 Mn
Sep 30, 2024 855.42 Mn
Jun 30, 2024 1.16 Bn
Jun 30, 2024 1.16 Bn
Mar 31, 2024 -670.04 Mn
Mar 31, 2024 -670.04 Mn
Dec 31, 2023 807.17 Mn
Dec 31, 2023 807.17 Mn