Xp (XP) Receivables Refunds (2018 - 2025)

Xp (XP) posted Receivables Refunds of $82.1 million for Q4 2025, up 5.48% on a QoQ basis from $77.9 million in Q4 2024, and up 5.48% year-over-year from $77.9 million in Q4 2024.

Xp (XP) has 8 years of Receivables Refunds data on file, last reported at $82.1 million in Q4 2025.

  • In Q4 2025, Receivables Refunds rose 5.48% year-over-year to $82.1 million; the TTM figure through Dec 2025 stood at $82.1 million (up 5.48% YoY), while the FY2025 annual figure was $82.1 million, down 2.74% from the prior year.
  • Receivables Refunds grew to $82.1 million in Q4 2025, from $77.9 million in the prior quarter.
  • Across five years, Receivables Refunds topped out at $82.1 million in Q4 2025 and bottomed at $27.5 million in Q4 2021.
  • A 5-year average of $53.6 million and a median of $49.5 million in 2023 frame the typical range for Receivables Refunds.
  • Annual changes were most pronounced in 2023 — Receivables Refunds soared 59.62% — and 2025, when it climbed 5.48%.
  • Year by year, Receivables Refunds stood at $27.5 million in 2021, then rose by 12.9% to $31.0 million in 2022, then soared by 59.62% to $49.5 million in 2023, then jumped by 57.21% to $77.9 million in 2024, then increased by 5.48% to $82.1 million in 2025.
  • The last three Receivables Refunds figures came in at $82.1 million (Q4 2025), $77.9 million (Q4 2024), and $49.5 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Refund Receivables (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn -
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -
10 Xp 88,074.92 -11.23 Bn 614.12 Mn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 82.14 Mn
Sep 30, 2025 106.18 Mn
Jun 30, 2025 100.68
Mar 31, 2025 94.71
Dec 31, 2024 77.87 Mn
Sep 30, 2024 94.32
Jun 30, 2024 75.44 Mn
Dec 31, 2023 49.53 Mn
Sep 30, 2023 61.89
Mar 31, 2023 54.46 Mn
Dec 31, 2022 31.03 Mn
Sep 30, 2022 31.48 Mn
Jun 30, 2022 36.12
Mar 31, 2022 32.15
Dec 31, 2021 27.49 Mn
Sep 30, 2021 24.41 Mn
Jun 30, 2021 22.23
Mar 31, 2021 23.63
Dec 31, 2020 23.64 Mn
Sep 30, 2020 31.66 Mn
Jun 30, 2020 42.08
Mar 31, 2020 51.39 Mn
Dec 31, 2019 59.14 Mn
Dec 31, 2018 48.16 Mn