Xp XP
NASDAQ XP
$17.06 +0.25 (+1.49%)
As of: Aug 24, 2026 · 3:59 PM EDT

Xp (XP) Operating Margin (2018 - 2026)

Xp (XP) posted quarterly Operating Margin of 84931255.8% for Q1 2026, up 8838576424.0% year-over-year from N/an in Q1 2025, and up 87820082.34% quarter-over-quarter from 96.71% in Q4 2025.

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

Xp's Operating Margin history runs 9 years deep, the most recent figure standing at 84931255.8% for Q1 2026.

  • In Q1 2026, Operating Margin rose 8838576424.0% year-over-year to 84931255.8%; the TTM figure through Mar 2026 stood at 94.39% (down 561.0% YoY), while the FY2025 annual figure was 68.71%, up 3890.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 84931255.8%, up from 96.71% in the prior quarter.
  • The five-year high for Operating Margin was 66973104383458.1% in Q1 2023, with the low at 133014612794512.81% in Q4 2022.
  • The 5-year median for Operating Margin is 97.49% (2022), against an average of 4101481923390.82%.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin soared 2000000000 bps in 2023, then slumped 2000000000 bps in 2024.
  • Xp's Operating Margin stood at 133014612794512.81% in 2022, then surged by 100 bps to 119452.63% in 2023, then tumbled by 381018 bps to 455255862.34% in 2024, then soared by 100 bps to 96.71% in 2025, then jumped by 87820082 bps to 84931255.8% in 2026.
  • Business Quant data shows XP's Operating Margin at 84931255.8% in Q1 2026, 96.71% in Q4 2025, and 3683310389167.46% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -
2 Goldman Sachs 311.14 Bn -665.21 Bn - -
3 Schwab Charles 196.95 Bn 123.36 Bn - -
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 35.93%
5 Interactive Brokers 41.71 Bn -22.59 Bn - -
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 43.88%
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 4.90%
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 64.41%
10 Xp 8.97 Bn -2.02 Bn -283.59 Mn 13,619,440,132,732.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 84,931,255.80%
Dec 31, 2025 96.71%
Sep 30, 2025 -3,683,310,389,167.46%
Jun 30, 2025 95.54%
Mar 31, 2025 -3,454,508.44%
Dec 31, 2024 -455,255,862.34%
Sep 30, 2024 180.65%
Jun 30, 2024 100.00%
Mar 31, 2024 189.40%
Dec 31, 2023 -119,452.63%
Sep 30, 2023 100.00%
Jun 30, 2023 186.06%
Mar 31, 2023 66,973,104,383,458.11%
Dec 31, 2022 -133,014,612,794,512.81%
Sep 30, 2022 100.00%
Jun 30, 2022 97.49%
Mar 31, 2022 0.00%
Sep 30, 2021 59.98%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%