Xp XP
NASDAQ XP
$19.86 -0.11 (-0.55%)
At close: Sep 11, 2026 · 4:00 PM EDT

Xp (XP) Net Margin (2018 - 2026)

Xp (XP) posted Net Margin of 0.12% for Q2 2026, down 115.81% on a QoQ basis from 0.77% in Q1 2026, and down 1075.0% year-over-year from 0.01% in Q2 2025.

Analysis

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

Xp has reported Net Margin for 9 years, with the latest figure at 0.12% in Q2 2026.

  • On a quarterly basis, Net Margin fell 1075.0% year-over-year to 0.12% in Q2 2026; TTM through Jun 2026 was 16.15%, a 1208.0% increase from a year earlier, with the FY2025 full-year figure at 28.1%, up 142.0% from the prior year.
  • Net Margin was 0.12% for Q2 2026 at Xp, down from 0.77% in the prior quarter.
  • The five-year high for Net Margin was 55.29% in Q4 2023, with the low at 22.41% in Q2 2024.
  • Average Net Margin over 5 years is 7.27%, with a median of 2.07% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Net Margin jumped 5529 bps in 2023, then slumped 5529 bps in 2024.
  • Over 5 years, Net Margin stood at 0.0% in 2022, then surged by 21233874 bps to 55.29% in 2023, then plunged by 100 bps to 0.0% in 2024, then soared by 84186974 bps to 53.28% in 2025, then plunged by 100 bps to 0.12% in 2026.
  • The last three Net Margin figures came in at 0.12% (Q2 2026), 0.77% (Q1 2026), and 53.28% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Robinhood Markets 101.20 Bn 83.88 Bn 1.20 Bn 42.89%
2 Interactive Brokers 41.17 Bn -6.79 Bn - 16.46%
3 LPL Financial Holdings 27.86 Bn 25.16 Bn - 7.31%
4 Futu Holdings 15.80 Bn -3.84 Bn 792.50 Mn 50.70%
5 UP Fintech Holding 12.81 Bn 12.81 Bn - 21.59%
6 Xp 10.32 Bn 5.47 Bn 105.39 Mn 70.69%
7 Webull 4.83 Bn 2.90 Bn 85.87 Mn 12.25%
8 eToro 2.53 Bn 1.57 Bn 63.50 Mn 0.12%
9 Solowin Holdings 402.47 Mn 383.36 Mn - -
10 TOP Financial 127.44 Mn 82.47 Mn - -10.56%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.12%
Mar 31, 2026 0.77%
Dec 31, 2025 53.28%
Sep 30, 2025 3.71%
Jun 30, 2025 10.63%
Mar 31, 2025 8.14%
Dec 31, 2024 0.00%
Sep 30, 2024 -1.32%
Jun 30, 2024 -22.41%
Mar 31, 2024 -10.42%
Dec 31, 2023 55.29%
Sep 30, 2023 -9.72%
Jun 30, 2023 21.25%
Mar 31, 2023 6.19%
Dec 31, 2022 0.00%
Sep 30, 2022 17.06%
Jun 30, 2022 -4.80%
Mar 31, 2022 3.36%
Dec 31, 2021 33.15%
Sep 30, 2021 -15.13%