XP Inc. Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10,357	5,611	3,943	3,553	2,486
Short-Term Investments	17,063	22,057	14,889	7,604	8,895
Trading Asset Securities	239,292	195,524	126,250	95,013	68,767
Accounts Receivable	1,006	608.95	515.59	487.33	413
Other Receivables	34,530	29,424	28,768	22,341	12,881
Property, Plant & Equipment	804.13	763.1	655.17	569.39	598.47
Goodwill	1,921	1,921	1,833	595.22	542.75
Other Intangible Assets	841.9	713.1	668.64	248.96	278.23
Investments in Debt & Equity Securities	66,543	66,949	55,127	47,268	35,033
Other Current Assets	8,138	8,523	4,719	5,922	2,162
Long-Term Deferred Tax Assets	3,371	2,888	2,104	1,612	1,273
Other Long-Term Assets	12,662	12,475	9,567	6,821	6,012
Total Assets	396,528	347,457	249,041	192,035	139,340
Accounts Payable	810.16	763.47	948.22	617.39	867.53
Accrued Expenses	1,676	1,557	1,480	1,190	1,298
Short-Term Debt	96,499	113,494	58,126	40,396	38,190
Current Portion of Long-Term Debt	30,858	18,102	24,212	15,451	4,018
Current Portion of Leases	62.34	40.76	69.72	69.72	71.93
Other Current Liabilities	101,131	75,483	45,063	40,413	25,929
Long-Term Debt	20,964	27,304	23,802	19,577	14,934
Long-Term Leases	249.08	270.59	235.04	215.92	246.63
Long-Term Deferred Tax Liabilities	489.49	265.29	86.36	111.04	28.93
Other Long-Term Liabilities	26,676	23,734	18,933	11,074	7,142
Total Liabilities	372,981	327,410	229,590	174,992	124,921
Common Stock	0.03	0.03	0.03	0.02	0.02
Additional Paid-In Capital	19,695	15,288	6,417	6,986	6,821
Comprehensive Income & Other	3,976	4,978	13,149	12,036	7,768
Total Common Equity	23,547	20,044	19,449	17,036	14,417
Minority Interest	1.01	3.68	1.49	6.48	2.79
Shareholders' Equity	23,548	20,047	19,451	17,042	14,420
Total Liabilities & Equity	396,528	347,457	249,041	192,035	139,340
Total Debt	148,633	159,211	106,444	75,709	57,460
Net Cash (Debt)	118,079	63,980	38,638	30,460	22,687
Net Cash Growth	84.56%	65.59%	26.85%	34.26%	15.86%
Net Cash Per Share	221.98	116.68	71.00	53.16	39.56
Filing Date Shares Outstanding	518.74	537.42	548.44	541.32	559
Total Common Shares Outstanding	518.74	537.42	548.44	541.32	559
Working Capital	78,806	52,135	48,960	36,639	24,956
Book Value Per Share	45.39	37.30	35.46	31.47	25.80
Tangible Book Value	20,783	17,409	16,947	16,192	13,596
Tangible Book Value Per Share	40.06	32.39	30.90	29.91	24.33

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.