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
DateValue
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%