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 | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | Xp | 8.97 Bn | -2.02 Bn | -283.59 Mn | -8.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |