Xp (XP) Gross Margin (2018 - 2026)

Xp (XP) posted quarterly Gross Margin of 74649382.4% for Q1 2026, up 311148656.0% year-over-year from N/an in Q1 2025, and down 188718704.99% on a QoQ basis from 39.56% in Q4 2025.

Xp (XP) Gross Margin (2018 - 2026) Analysis & Trends

Xp (XP) has reported Gross Margin for 9 consecutive years, with 74649382.4% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 311148656.0% year-over-year to 74649382.4%; the TTM figure through Mar 2026 stood at 100.0% (up 18359.0% YoY), while the FY2025 annual figure was 96.3%, down 282.0% from the prior year.
  • Gross Margin came in at 74649382.4% for Q1 2026 at Xp, down from 39.56% in the prior quarter.
  • The five-year high for Gross Margin was 176.37% in Q1 2022, with the low at 6.156463051619366e+19% in Q3 2023.
  • Average Gross Margin over 5 years is 3.621452864997646e+18%, with a median of 31.35% recorded in 2024.
  • Across the five-year window, Gross Margin slumped 2000000000 bps in 2023 and soared 2000000000 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 100.0% in 2022, then declined by 0 bps to 100.0% in 2023, then sank by 2000000000 bps to 68188552188452.19% in 2024, then jumped by 100 bps to 39.56% in 2025, then plunged by 188718705 bps to 74649382.4% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 74649382.4%, 39.56%, and 100.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 206.12%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 89.97%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 84.10%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 99.97%
10 Xp - - -274.03 Mn -30,856,297.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 -30,856,297.09%
Dec 31, 2025 -29,769,037.30%
Sep 30, 2025 100.00%
Jun 30, 2025 -29,607,082.94%
Mar 31, 2025 70.47%
Dec 31, 2024 -7,492,220,069,185.42%
Sep 30, 2024 -68,659,693.81%
Jun 30, 2024 -29,294,150.32%
Mar 31, 2024 69.93%
Dec 31, 2023 100.00%
Sep 30, 2023 -27,143,728.65%
Jun 30, 2023 100.00%
Mar 31, 2023 67.55%
Dec 31, 2022 100.00%
Sep 30, 2022 -26,984,217.71%
Jun 30, 2022 100.00%
Mar 31, 2022 71,475,552.06%
Sep 30, 2021 71.80%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%