XP Inc. XP
NASDAQ XP
$28.17 +6.67 (+31.05%)
As of: Oct 5, 2026 · 3:59 PM EDT

Xp (XP) Tax Rate (2018 - 2025)

Updated

Xp's Tax Rate came in at -8.63% for Q2 2026, down 8.90 percentage points from 0.27% a year earlier and down 6.70 percentage points from the prior quarter.

Analysis

Xp (XP) Tax Rate (2018 - 2025) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Xp reported Tax Rate of -7.22%, down 3.92 percentage points year-over-year; for FY2025, it came in at -5.13%, up 4.32 percentage points from FY2024.

  • Tax Rate carries a five-year change of +8.91 percentage points (FY2020 to FY2025).
  • Going back by year, Tax Rate was -9.45% in FY2024 (-8.51 pp), -0.94% in FY2023 (-4.87 pp), 3.94% in FY2022 (+9.77 pp) and -5.84% in FY2021 (+8.20 pp).
  • The five-year range for quarterly Tax Rate is -19.20% (Q2 2024) to 22481809.05% (Q4 2023).
  • Year-over-year, Tax Rate increased in four of the last seven quarters, with an average year-over-year change of -3211686.81 percentage points.
  • The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 22481803.08 percentage points), and the weakest in Q4 2024 (a drop of 22481818.35 percentage points).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Robinhood Markets 101.35 Bn 82.45 Bn - 19.18%
2 Bank of New York Mellon 98.65 Bn 38.02 Bn - 20.95%
3 Cme 94.54 Bn 94.54 Bn - 21.53%
4 Intercontinental Exchange 84.23 Bn 78.04 Bn - 24.24%
5 Nasdaq 50.77 Bn 48.20 Bn 1.50 Bn 22.36%
6 State Street 48.31 Bn 48.31 Bn - 21.96%
7 Interactive Brokers 39.79 Bn 33.24 Bn - 8.10%
8 Northern Trust 31.37 Bn 31.37 Bn - 25.59%
9 Cboe Global Markets 28.34 Bn 20.00 Bn 731.60 Mn 28.62%
10 Xp 11.18 Bn -146.56 Bn 105.39 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 0.27%
Dec 31, 2023 22,481,809.05%
Jun 30, 2023 0.95%
Dec 31, 2022 5.96%
Sep 30, 2022 4.88%
Jun 30, 2022 5.19%
Dec 31, 2021 11.61%
Sep 30, 2021 3.13%
Dec 31, 2019 8.68%
Dec 31, 2018 21,007,017.54%
API Access

Xp Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=XP&period=max&api_key=YOUR_API_KEY