Xp annual operating margin
2022
2023
2024
2025
Xp Operating Margin Growth & History (XP)
Xp's operating margin was −56.70% for fiscal 2025.
View full Xp company overviewXp annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −56.70% | −3.96 pp |
| 2024 | 2024-12-31 | −52.74% | +6.43 pp |
| 2023 | 2023-12-31 | −59.17% | +0.81 pp |
| 2022 | 2022-12-31 | −59.98% | — |
Xp quarterly operating margin
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −66.73% | +0.19 pp |
| Q1 2026 | 2026-03-31 | −68.44% | +8.09 pp |
| Q4 2025 | 2025-12-31 | −37.31% | — |
| Q3 2025 | 2025-09-30 | −54.41% | — |
| Q2 2025 | 2025-06-30 | −66.92% | — |
| Q1 2025 | 2025-03-31 | −76.53% | — |
Xp operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Xp's operating margin increased from −59.98% to −56.70%, a change of +3.28 percentage points. The latest reported quarter, Q2 2026, shows −66.73%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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