Xp (XP) Total Debt (2018 - 2025)
Xp (XP) recorded Total Debt of $148.03 million in Q4 2025, down 68.7% from $472.6 million a year earlier and down 94.4% from the prior quarter.
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Analysis
Xp (XP) Total Debt (2018 - 2025) Analysis & Trends
At the end of FY2025, Xp reported Total Debt of $142.98 million, down 72.1% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of -17.3% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $512.54 million in FY2024 (+37.0%), $374.02 million in FY2023 (-85.3%), $2.55 billion in FY2022 (+48.1%) and $1.72 billion in FY2021 (+367.3%).
- The Q4 2025 figure is the lowest quarterly Total Debt since Q3 2019.
- On a year-over-year basis, Total Debt has declined for four consecutive quarters, with an average decline of 32.0% over the last seven quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 367.3% in Q4 2021, against a decline of 93.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.66 billion (Q3 2025), $2.97 billion (Q2 2025) and $2.9 billion (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 5.22 Bn |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 3.42 Bn |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 19.85 Bn |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 8.76 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 13.00 Mn |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 8.63 Bn |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 1.44 Bn |
| 10 | Xp | 11.18 Bn | -146.56 Bn | 105.39 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 148.03 Mn |
| Sep 30, 2025 | 2.66 Bn |
| Jun 30, 2025 | 2.97 Bn |
| Mar 31, 2025 | 2.90 Bn |
| Dec 31, 2024 | 472.60 Mn |
| Sep 30, 2024 | 43.69 Bn |
| Jun 30, 2024 | 3.41 Bn |
| Mar 31, 2024 | 3.46 Bn |
| Dec 31, 2023 | 374.02 Mn |
| Sep 30, 2023 | 3.15 Bn |
| Jun 30, 2023 | 35.52 Bn |
| Mar 31, 2023 | 2.62 Bn |
| Dec 31, 2022 | 1.10 Bn |
| Sep 30, 2022 | 1.51 Bn |
| Jun 30, 2022 | 2.25 Bn |
| Mar 31, 2022 | 1.86 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.53 Bn |
| Jun 30, 2021 | 1.57 Bn |
| Mar 31, 2021 | 17.51 Bn |
API Access
Xp Total Debt 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=total-debt&ticker=XP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "XP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();