Xp (XP) Tax Rate (2018 - 2026)

Xp (XP) posted quarterly Tax Rate of 0.0% for Q1 2026, up 211.0% year-over-year from 0.0% in Q1 2025, and up 100.0% quarter-over-quarter from 16.66% in Q4 2025.

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

Xp's Tax Rate history runs 9 years deep, the most recent figure standing at 0.0% for Q1 2026.

  • In Q1 2026, Tax Rate rose 211.0% year-over-year to 0.0%; the TTM figure through Mar 2026 stood at 0.02% (up 2797.0% YoY), while the FY2025 annual figure was 5.07%, down 438.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.0%, up from 16.66% in the prior quarter.
  • The five-year high for Tax Rate was 5.96% in Q4 2022, with the low at 19200216.76% in Q2 2024.
  • The 5-year median for Tax Rate is 0.26% (2022), against an average of 1614890.25%.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 1920021771 bps in 2024, then surged 1920021707 bps in 2025.
  • Xp's Tax Rate stood at 5.96% in 2022, then fell by 24 bps to 4.52% in 2023, then plunged by 306 bps to 9.3% in 2024, then slumped by 79 bps to 16.66% in 2025, then jumped by 100 bps to 0.0% in 2026.
  • Business Quant data shows XP's Tax Rate at 0.0% in Q1 2026, 16.66% in Q4 2025, and 0.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.43%
10 Xp 8.80 Bn 8.80 Bn 353.79 0.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00%
Mar 31, 2026 0.00%
Mar 31, 2026 0.00%
Dec 31, 2025 -16.66%
Dec 31, 2025 -16.66%
Dec 31, 2025 -16.66%
Sep 30, 2025 -0.04%
Sep 30, 2025 -0.04%
Sep 30, 2025 -0.04%
Jun 30, 2025 0.30%
Jun 30, 2025 0.30%
Jun 30, 2025 0.30%
Mar 31, 2025 -2.11%
Mar 31, 2025 -2.11%
Mar 31, 2025 -2.11%
Dec 31, 2024 -9.30%
Dec 31, 2024 -9.30%
Dec 31, 2024 -9.30%
Sep 30, 2024 -2,134,488.45%
Sep 30, 2024 -2,134,488.45%