Xp annual capital expenditures (capex)
2017
2018
2019
2020
2021
2022
2023
2024
2025
Xp Capital Expenditures (CapEx) Growth & History (XP)
Xp's capital expenditures (capex) was R$489.6M for fiscal 2025.
View full Xp company overviewXp annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | R$489.6M | R$344.8M | +238.08% |
| 2024 | 2024-12-31 | R$144.8M | R$78.8M | +119.39% |
| 2023 | 2023-12-31 | R$66.0M | R$21.4M | +48.11% |
| 2022 | 2022-12-31 | R$44.6M | −R$90.9M | −67.10% |
| 2021 | 2021-12-31 | R$135.4M | −R$9.7M | −6.70% |
| 2020 | 2020-12-31 | R$145.2M | R$72.7M | +100.23% |
| 2019 | 2019-12-31 | R$72.5M | −R$10.7M | −12.81% |
| 2018 | 2018-12-31 | R$83.1M | R$52.8M | +173.80% |
| 2017 | 2017-12-31 | R$30.4M | — | — |
Xp quarterly capital expenditures (capex)
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | R$118.5M | R$12.2M | +11.46% |
| Q1 2026 | 2026-03-31 | R$231.9M | R$159.2M | +219.06% |
| Q4 2025 | 2025-12-31 | R$149.5M | R$63.5M | +73.83% |
| Q3 2025 | 2025-09-30 | R$161.0M | — | — |
| Q2 2025 | 2025-06-30 | R$106.3M | — | — |
| Q1 2025 | 2025-03-31 | R$72.7M | — | — |
| Q4 2024 | 2024-12-31 | R$86.0M | — | — |
Xp capital expenditures (capex) trends
Over the last five fiscal years, Xp's capital expenditures (capex) increased from R$145.2M to R$489.6M, a change of R$344.4M. The latest reported quarter, Q2 2026, shows R$118.5M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xp source filings ↗