Xp (XP) Research & Development (2018 - 2024)
Xp (XP) posted quarterly Research & Development of $149.4 million for Q4 2024, little changed year-over-year from $149.4 million in Q1 2024, and little changed on a QoQ basis from $149.4 million in Q4 2023.
Xp (XP) Research & Development (2018 - 2024) Analysis & Trends
Xp (XP) has reported Research & Development for 7 consecutive years, with $149.4 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Research & Development changed 0.05% year-over-year to $149.4 million; the TTM figure through Dec 2024 stood at $459.2 million (up 34.17% YoY), while the FY2024 annual figure was $149.4 million, changed 0.05% from the prior year.
- Research & Development came in at $149.4 million for Q4 2024 at Xp, roughly flat from $149.4 million in the prior quarter.
- The five-year high for Research & Development was $149.4 million in Q4 2023, with the low at $18.1 million in Q1 2021.
- Average Research & Development over 5 years is $63.0 million, with a median of $33.3 million recorded in 2022.
- Across the five-year window, Research & Development soared 73.5% in 2022 and slipped 0.05% in 2024, its largest moves.
- Year by year, Research & Development stood at $59.8 million in 2020, then jumped by 35.23% to $80.8 million in 2021, then soared by 61.33% to $130.4 million in 2022, then grew by 14.61% to $149.4 million in 2023, then retreated by 0.05% to $149.4 million in 2024.
- According to Business Quant data, Research & Development over the past three periods registered $149.4 million, $149.4 million, and $30.0 million for Q4 2024, Q4 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 241.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.47 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 39.55 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Xp | - | - | -274.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 149.36 Mn |
| Dec 31, 2023 | 149.44 Mn |
| Mar 31, 2023 | 29.99 Mn |
| Dec 31, 2022 | 130.39 Mn |
| Sep 30, 2022 | 32.42 Mn |
| Jun 30, 2022 | 34.27 Mn |
| Mar 31, 2022 | 28.35 Mn |
| Dec 31, 2021 | 80.82 Mn |
| Sep 30, 2021 | 23.53 Mn |
| Jun 30, 2021 | 19.75 Mn |
| Mar 31, 2021 | 18.09 Mn |
| Dec 31, 2020 | 59.76 Mn |
| Dec 31, 2019 | 43.47 Mn |
| Dec 31, 2018 | 34.33 Mn |