XP (XP) Other Operating Expense: $282 Mil (TTM As of Mar. 2026)


XP XP Inc XP
69 GF Score
Price $16.91
GF Value $35.90
Valuation Possible Value Trap
! 6 Warning Signs
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What is XP Other Operating Expense?

XP XP +3.14% 69 Other Operating Expense is $282 Mil as of Mar. 2026. GuruFocus rates XP with a GF Score™ of 69/100 and a GF Value™ of $35.90 (Possible Value Trap). The stock has 6 warning signs investors should review.

XP's Other Operating Expense for the three months ended in Mar. 2026 was $18 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $282 Mil.

XP's quarterly Other Operating Expense increased from Sep. 2025 ($63 Mil) to Dec. 2025 ($150 Mil) but then declined from Dec. 2025 ($150 Mil) to Mar. 2026 ($18 Mil).

XP's annual Other Operating Expense declined from Dec. 2023 ($293 Mil) to Dec. 2024 ($233 Mil) but then increased from Dec. 2024 ($233 Mil) to Dec. 2025 ($330 Mil).

XP Other Operating Expense Historical Data

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The historical data trend for XP's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

XP Other Operating Expense Chart

XP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.03 132.98 292.65 233.32 329.86

XP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.36 51.20 62.53 150.46 17.98
XP
69GF Score
XP Inc XP
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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XP Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $282 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Other Operating Expense of $282 Mil mean?
XP (XP) has a Other Operating Expense of $282 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on XP and its competitors.
Is XP's Other Operating Expense too high?
XP's current Other Operating Expense is $282 Mil. Overall, XP has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XP's Other Operating Expense compare to BMNR and HLI?
XP's Other Operating Expense of $282 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Capital Markets company?
A good Other Operating Expense depends on the Capital Markets industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on XP and its competitors. XP's current Other Operating Expense is $282 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XP stock overvalued right now?
Based on GuruFocus' analysis, XP (XP) is currently considered Possible Value Trap. The stock's GF Value™ is $35.90, compared to a current price of $16.91 — trading 52.9% below its estimated fair value. The current Other Operating Expense is $282 Mil. XP's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For XP (XP), the current Other Operating Expense is $282 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XP (XP) Overvalued in 2026?

Based on GuruFocus' analysis, XP stock appears to be undervalued. The current stock price of $16.91 is trading 52.9% below its estimated GF Value™ of $35.90. GuruFocus considers XP to be Possible Value Trap.

Key valuation signals for XP:

  • Other Operating Expense: $282 Mil
  • GF Value™: $35.90 vs. price of $16.91 (52.9% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the XP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

XP Business Description

Address 20, Genesis Close, George Town, Vila Olimpia, Grand Cayman, CYM, KY-1-1208
XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission. Geographically, the company derives maximum revenue from Brazil and also has its presence in other countries.
69GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.91
Price
$35.90
GF Value