Xp (XP) Tax Rate (2018 - 2026)

Xp (XP) recorded quarterly Tax Rate of 1.92% in Q1 2026, down 109.71% quarter-over-quarter from 19.72% in Q4 2025, and up 20.0% on a YoY basis from 1.6% in Q1 2025.

Xp (XP) Tax Rate (2018 - 2026) Analysis & Trends

Xp's Tax Rate history runs 9 years deep, the most recent figure standing at 1.92% for Q1 2026.

  • In Q1 2026, Tax Rate rose 20.0% year-over-year to 1.92%; the TTM figure through Mar 2026 stood at 26.81% (down 2678.0% YoY), while the FY2025 annual figure was 5.13%, down 432.0% from the prior year.
  • Tax Rate was 1.92% for Q1 2026 at Xp, down from 19.72% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 19.72% in Q4 2025 to a low of 13076.81% in Q3 2025.
  • Historically, Tax Rate has averaged 770.08% across 5 years, with a median of 2.11% in 2025.
  • Biggest YoY gain for Tax Rate was 2902 bps in 2025; the steepest drop was 1307467 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 1.28% in 2022, then slumped by 391 bps to 3.72% in 2023, then tumbled by 150 bps to 9.3% in 2024, then soared by 312 bps to 19.72% in 2025, then plunged by 110 bps to 1.92% in 2026.
  • The last three Tax Rate figures came in at 1.92% (Q1 2026), 19.72% (Q4 2025), and 13076.81% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58
3 Goldman Sachs 333.85 Bn -603.70 Bn - 13.20
4 Schwab Charles 160.31 Bn 115.33 Bn - 22.24
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 15.82
6 Interactive Brokers 42.79 Bn 53.38 Bn - 9.08
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 26.45
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 23.03
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 2.46
10 Xp 7,366.40 -11.23 Bn 93.11 Mn -1.92

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.92%
Mar 31, 2026 -1.92%
Dec 31, 2025 19.72%
Dec 31, 2025 19.72%
Sep 30, 2025 -13,076.81%
Sep 30, 2025 -13,076.81%
Jun 30, 2025 -13.20%
Jun 30, 2025 -13.20%
Mar 31, 2025 -2.11%
Mar 31, 2025 -2.11%
Dec 31, 2024 -9.30%
Dec 31, 2024 -9.30%
Sep 30, 2024 -2.13%
Sep 30, 2024 -2.13%
Jun 30, 2024 -0.02%
Jun 30, 2024 -0.02%
Mar 31, 2024 -5.41%
Mar 31, 2024 -5.41%
Dec 31, 2023 -3.72%
Dec 31, 2023 -3.72%