Xp (XP) Non-Current Deferred Tax Liability (2018 - 2025)
Xp's Non-Current Deferred Tax Liability was $90.79 million in Q4 2025, up 98.9% from $45.65 million a year earlier and up 30.2% from the prior quarter.
Xp (XP) Non-Current Deferred Tax Liability (2018 - 2025) Analysis & Trends
At the end of FY2025, Non-Current Deferred Tax Liability at Xp came in at $87.69 million, up 77.1% from FY2024.
- Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In earlier years, Non-Current Deferred Tax Liability was $49.51 million in FY2024 (-87.9%), $407.58 million in FY2023 (+42.9%), $285.29 million in FY2022 (+27.9%) and $223.05 million in FY2021 (+142.4%).
- The Q4 2025 figure marks the highest quarterly Non-Current Deferred Tax Liability since Q4 2023.
- Compared with a year earlier, Non-Current Deferred Tax Liability has increased for four straight quarters, with growth averaging 63.6% over the last eight quarters.
- The best year-over-year quarter for Non-Current Deferred Tax Liability over five years was Q2 2023 (growth of 783.2%); the worst was Q4 2024 (a decline of 88.8%).
- Per Business Quant data, XP's Non-Current Deferred Tax Liability in the three quarters before Q4 2025 was $69.74 million (Q3 2025), $53.15 million (Q2 2025) and $49.56 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn |
| 10 | Xp | 11.18 Bn | -146.56 Bn | 105.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 90.79 Mn |
| Sep 30, 2025 | 69.74 Mn |
| Jun 30, 2025 | 53.15 Mn |
| Mar 31, 2025 | 49.56 Mn |
| Dec 31, 2024 | 45.65 Mn |
| Sep 30, 2024 | 43.82 Mn |
| Jun 30, 2024 | 38.63 Mn |
| Mar 31, 2024 | 23.86 Mn |
| Dec 31, 2023 | 407.58 Mn |
| Sep 30, 2023 | 15.16 Mn |
| Jun 30, 2023 | 27.04 Mn |
| Mar 31, 2023 | 14.72 Mn |
| Dec 31, 2022 | 285.29 Mn |
| Sep 30, 2022 | 22.81 Mn |
| Jun 30, 2022 | 3.06 Mn |
| Mar 31, 2022 | 5.36 Mn |
| Dec 31, 2021 | 223.05 Mn |
| Dec 31, 2020 | 92.00 Mn |
| Sep 30, 2020 | 7.65 Mn |
| Dec 31, 2019 | 1.25 Mn |
Xp Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=XP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "XP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();