Xp (XP) Tax Rate (2018 - 2026)

Xp (XP) posted quarterly Tax Rate of 1.92% for Q1 2026, down 192.0% year-over-year from 2.08% in Q1 2025, and up 88.5% on a QoQ basis from 16.66% in Q4 2025.

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

Xp (XP) has reported Tax Rate for 9 consecutive years, with 1.92% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 192.0% year-over-year to 1.92%; the TTM figure through Mar 2026 stood at 1.92% (up 538.0% YoY), while the FY2025 annual figure was 5.13%, down 432.0% from the prior year.
  • Tax Rate came in at 1.92% for Q1 2026 at Xp, up from 16.66% in the prior quarter.
  • The five-year high for Tax Rate was 143054700203.25% in Q4 2023, with the low at 19.2% in Q2 2024.
  • Average Tax Rate over 5 years is 8989868242.98%, with a median of 0.13% recorded in 2022.
  • Across the five-year window, Tax Rate jumped 2000000000 bps in 2023 and tumbled 2000000000 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 783191734.42% in 2022, then soared by 18166 bps to 143054700203.25% in 2023, then sank by 100 bps to 9.3% in 2024, then plunged by 79 bps to 16.66% in 2025, then soared by 88 bps to 1.92% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 1.92%, 16.66%, and 0.3% for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Xp - - -274.03 Mn -1,916,679.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1,916,679.08%
Mar 31, 2026 -1,916,679.08%
Dec 31, 2025 -16.66%
Dec 31, 2025 -16.66%
Jun 30, 2025 0.30%
Jun 30, 2025 0.30%
Mar 31, 2025 -2,110,768.01%
Mar 31, 2025 -2,110,768.01%
Dec 31, 2024 -9.30%
Dec 31, 2024 -9.30%
Sep 30, 2024 -2.15%
Sep 30, 2024 -2.15%
Jun 30, 2024 -19.20%
Jun 30, 2024 -19.20%
Mar 31, 2024 -5.41%
Mar 31, 2024 -5.41%
Dec 31, 2023 143,054,700,203.25%
Dec 31, 2023 143,054,700,203.25%
Sep 30, 2023 -6.14%
Sep 30, 2023 -6.14%