Xp (XP) Gross Margin (2018 - 2026)
Xp (XP) recorded quarterly Gross Margin of 25.36% in Q1 2026, down 89.94% quarter-over-quarter from 252.09% in Q4 2025, and down 17664902.0% on a YoY basis from N/an in Q1 2025.
Xp (XP) Gross Margin (2018 - 2026) Analysis & Trends
Xp's Gross Margin history runs 9 years deep, the most recent figure standing at 25.36% for Q1 2026.
- In Q1 2026, Gross Margin fell 17664902.0% year-over-year to 25.36%; the TTM figure through Mar 2026 stood at 93370.05% (up 2219718725.0% YoY), while the FY2025 annual figure was 96.3%, down 282.0% from the prior year.
- Gross Margin was 25.36% for Q1 2026 at Xp, down from 252.09% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 176370328676503.16% in Q1 2022 to a low of 66736301.67% in Q4 2024.
- Historically, Gross Margin has averaged 10374729344972.27% across 5 years, with a median of 100.0% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 2000000000 bps in 2022, then sank 2000000000 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 100.0% in 2022, then gained by 0 bps to 100.0% in 2023, then tumbled by 66736402 bps to 66736301.67% in 2024, then soared by 100 bps to 252.09% in 2025, then sank by 90 bps to 25.36% in 2026.
- The last three Gross Margin figures came in at 25.36% (Q1 2026), 252.09% (Q4 2025), and 152119.27% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 99.97% |
| 10 | Xp | 7,366.40 | -11.23 Bn | 93.11 Mn | 25.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.36% |
| Dec 31, 2025 | 252.09% |
| Sep 30, 2025 | 152,119.27% |
| Jun 30, 2025 | 68,372,615.04% |
| Mar 31, 2025 | 176,674.38% |
| Dec 31, 2024 | -66,736,301.67% |
| Sep 30, 2024 | 68,071,312.80% |
| Jun 30, 2024 | 150,876.86% |
| Mar 31, 2024 | 24.94% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 26.34% |
| Mar 31, 2023 | 24.44% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 37.31% |
| Jun 30, 2022 | 38.27% |
| Mar 31, 2022 | 176,370,328,676,503.16% |
| Dec 31, 2021 | 72,492,890,297,365.03% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |