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| Date | Value |
|---|---|
| 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% |