Xp (XP) Operating Margin (2019 - 2026)

Xp (XP) posted quarterly Operating Margin of 10281777.02% for Q1 2026, up 25105750.0% year-over-year from N/an in Q1 2025, and up 25992870.07% on a QoQ basis from 39.56% in Q4 2025.

Xp (XP) Operating Margin (2019 - 2026) Analysis & Trends

Xp (XP) has reported Operating Margin for 9 consecutive years, with 10281777.02% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin rose 25105750.0% year-over-year to 10281777.02%; the TTM figure through Mar 2026 stood at 100.0% (up 21311.0% YoY), while the FY2025 annual figure was 27.73%, down 4167.0% from the prior year.
  • Operating Margin came in at 10281777.02% for Q1 2026 at Xp, up from 39.56% in the prior quarter.
  • The five-year high for Operating Margin was 89395603.72% in Q1 2024, with the low at 6.156454578614248e+19% in Q3 2023.
  • Average Operating Margin over 5 years is 3.6214500037766026e+18%, with a median of 100.0% recorded in 2025.
  • Across the five-year window, Operating Margin tumbled 2000000000 bps in 2023 and jumped 2000000000 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 100.0% in 2022, then retreated by 0 bps to 99.88% in 2023, then tumbled by 2000000000 bps to 104278188174984.19% in 2024, then soared by 100 bps to 39.56% in 2025, then surged by 25992870 bps to 10281777.02% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 10281777.02%, 39.56%, and 100.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 149.71%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 46.50%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 108.11%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -161.28%
10 Xp - - -274.03 Mn -30,856,261.98%

Historic Data

Download Data
DateValue
Mar 31, 2026 -30,856,261.98%
Dec 31, 2025 -29,769,002.63%
Sep 30, 2025 100.00%
Jun 30, 2025 -29,607,082.94%
Mar 31, 2025 103.80%
Dec 31, 2024 -23,226,207,926,621.87%
Sep 30, 2024 -68,659,693.81%
Jun 30, 2024 -29,294,115.81%
Mar 31, 2024 35,817,976,261,748.12%
Dec 31, 2023 99.95%
Sep 30, 2023 10,227,616.94%
Jun 30, 2023 100.00%
Mar 31, 2023 27,917,740,906,257.73%
Dec 31, 2022 100.00%
Sep 30, 2022 -33,627,640.52%
Jun 30, 2022 93.33%
Mar 31, 2022 29,442,417.01%
Sep 30, 2021 30.05%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%