Xp (XP) Net Margin (2019 - 2026)
Xp (XP) recorded quarterly Net Margin of 68.55% in Q1 2026, up 86.62% quarter-over-quarter from 36.73% in Q4 2025, and down 1447.0% on a YoY basis from 5.09% in Q1 2025.
Xp (XP) Net Margin (2019 - 2026) Analysis & Trends
Xp's Net Margin history runs 8 years deep, the most recent figure standing at 68.55% for Q1 2026.
- In Q1 2026, Net Margin fell 1447.0% year-over-year to 68.55%; the TTM figure through Mar 2026 stood at 39733.87% (up 1796036.0% YoY), while the FY2025 annual figure was 64.89%, up 3839.0% from the prior year.
- Net Margin was 68.55% for Q1 2026 at Xp, up from 36.73% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 29652076.32% in Q2 2025 to a low of 0.0% in Q4 2022.
- Historically, Net Margin has averaged 3364689.11% across 5 years, with a median of 65.25% in 2023.
- Biggest YoY gain for Net Margin was 2000000000 bps in 2025; the steepest drop was 2000000000 bps in 2025.
- A 5-year view of Net Margin shows it stood at 0.0% in 2022, then soared by 35716 bps to 0.01% in 2023, then soared by 491087 bps to 61.73% in 2024, then sank by 40 bps to 36.73% in 2025, then jumped by 87 bps to 68.55% in 2026.
- The last three Net Margin figures came in at 68.55% (Q1 2026), 36.73% (Q4 2025), and 63622.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 26.29% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 31.36% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 36.98% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 37.74% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -171.16% |
| 10 | Xp | 7,366.40 | -11.23 Bn | 93.11 Mn | 68.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.55% |
| Dec 31, 2025 | 36.73% |
| Sep 30, 2025 | 63,622.21% |
| Jun 30, 2025 | 29,652,076.32% |
| Mar 31, 2025 | 83.02% |
| Dec 31, 2024 | 61.73% |
| Sep 30, 2024 | 27,483,213.71% |
| Jun 30, 2024 | 57.34% |
| Mar 31, 2024 | 63.43% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | 59.60% |
| Jun 30, 2023 | 87.03% |
| Mar 31, 2023 | 65.25% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 83.21% |
| Jun 30, 2022 | 58.69% |
| Mar 31, 2022 | 78.03% |
| Dec 31, 2021 | 33.32% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |