Xp (XP) Operating Margin (2019 - 2026)

Xp's Operating Margin history runs 8 years deep, the most recent figure standing at 110.28% for Q1 2026.

• In Q1 2026, Operating Margin fell 17168197.0% year-over-year to 110.28%; the TTM figure through Mar 2026 stood at 130494.13% (up 2218850045.0% YoY), while the FY2025 annual figure was 27.73%, down 4167.0% from the prior year.
• Operating Margin was 110.28% for Q1 2026 at Xp, down from 322.52% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 96434359.81% in Q3 2024 to a low of 66736435.28% in Q4 2024.
• Historically, Operating Margin has averaged 7413808.98% across 5 years, with a median of 119.89% in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 2000000000 bps in 2024, then slumped 2000000000 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 100.0% in 2022, then dropped by 0 bps to 99.88% in 2023, then tumbled by 66814680 bps to 66736435.28% in 2024, then soared by 100 bps to 322.52% in 2025, then tumbled by 66 bps to 110.28% in 2026.
• The last three Operating Margin figures came in at 110.28% (Q1 2026), 322.52% (Q4 2025), and 212201.59% (Q3 2025), per Business Quant data.