Xp (XP) Operating Expenses (2018 - 2026)

Xp's Operating Expenses history runs 9 years deep, the most recent figure standing at -$311.8 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 102.27% year-over-year to -$311.8 million; the TTM figure through Mar 2026 stood at -$446.5 billion (up 1.17% YoY), while the FY2025 annual figure was $978.7 million, up 12.34% from the prior year.
• Operating Expenses was -$311.8 million for Q1 2026 at Xp, up from -$317.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $13.7 billion in Q1 2025 to a low of -$245.0 billion in Q2 2024.
• Historically, Operating Expenses has averaged -$52.8 billion across 5 years, with a median of -$260.0 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 95003.78% in 2024, then soared 4782.68% in 2025.
• A 5-year view of Operating Expenses shows it stood at $1.5 billion in 2022, then grew by 4.59% to $1.5 billion in 2023, then plunged by 71.52% to $439.6 million in 2024, then sank by 172.27% to -$317.7 million in 2025, then climbed by 1.86% to -$311.8 million in 2026.
• The last three Operating Expenses figures came in at -$311.8 million (Q1 2026), -$317.7 million (Q4 2025), and -$230.5 billion (Q3 2025), per Business Quant data.