Skip to main content
logo
XP Inc. (XP)
NASDAQ: XP · Real-Time Price · USD
18.23
+0.57 (3.23%)
Aug 31, 2026, 4:00 PM EDT - Market closed

XP Inc. Financials Overview

Millions BRL. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
4,7334,5714,8084,5194,2804,1674,2444,1204,0163,8723,8793,9973,3962,9713,0273,4933,3523,0733,2023,122
Revenue Growth
10.60%9.70%13.28%9.67%6.58%7.64%9.42%3.10%18.24%30.30%28.13%14.42%1.32%-3.32%-5.48%11.87%11.80%17.36%34.06%49.45%
Operating Income
1,4761,3691,5141,3141,3071,2721,2771,2111,3411,1161,0091,152982.6797.59744.93984.04869.1874.11,133906.33
Net Income
1,3921,3101,2961,3201,3191,2361,1801,1861,1171,0301,0421,086975.35795.02782.951,031911.25854.1989.44935.66
Earnings Per Share
2.672.492.492.472.462.292.182.182.031.851.881.961.831.481.391.801.581.481.711.64
EPS Growth
8.61%8.87%14.05%13.25%21.51%23.76%15.93%11.02%10.41%24.97%35.54%9.14%16.13%0.05%-18.92%9.86%-2.84%15.53%62.03%68.52%

Revenue by Geography
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Brazil
4,6264,4617,4273,0274,1324,1324,2444,1254,0463,8733,8814,0193,3383,0223,0203,4803,3323,0243,1733,091
Other Countries
223.23213.48-2,4891,634212.28212.28195.47194.13172.81-----------
Total
4,8494,6744,9384,6614,3454,3454,4404,3194,2194,0534,0464,1323,5493,1343,1773,6203,4293,1213,2603,171

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
287,426290,114266,711267,406246,404228,681223,191197,587197,009178,675145,082136,300141,142113,866106,17098,87091,20794,63680,14878,954
Total Debt
159,541167,480148,633182,777172,487155,057159,211133,339134,323131,331106,44498,30198,85275,88175,70976,18772,32668,79757,46048,298
Net Cash (Debt)
127,884122,635118,07984,62973,91773,62463,98064,24862,68647,34438,63837,99942,29037,98530,46022,68218,88125,83922,68730,657
Net Cash Growth
73.01%66.57%84.56%31.72%17.91%55.51%65.59%69.08%48.23%24.64%26.85%67.53%123.99%47.01%34.26%-26.01%-28.74%41.28%15.86%50.13%
Net Cash Per Share
245.67233.43227.00158.21137.95136.46118.39118.01113.6785.0569.8568.6479.5670.7454.0739.5632.7444.8039.3153.61

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
-1,1634,689-2,38512,3074,756-2,6343,8204,6896,016-3,3464,129-1,2191,7893,4281,516-199.69-615.21,103992.81-4,013
Capital Expenditures
-35.92-52.92-56.74-89.22-43.2-20.18-27.19-54.09-30.56-32.970.97-59.24-5.8-1.93-11.04-12.93-12.2-8.4-27.87-55.82
Free Cash Flow
-1,1994,636-2,44112,2184,713-2,6543,7934,6355,985-3,3794,130-1,2781,7843,4261,505-212.62-627.41,095964.95-4,069
Free Cash Flow Growth
---163.59%-21.26%--8.16%-235.58%-174.47%--212.99%55.94%--224.98%61.14%-

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Margin
31.18%29.95%31.50%29.07%30.54%30.53%30.10%29.38%33.40%28.82%26.01%28.83%28.93%26.85%24.61%28.17%25.93%28.44%35.37%29.03%
Pretax Margin
32.01%29.39%31.98%29.45%30.79%30.30%30.66%29.43%34.46%28.11%25.66%28.96%28.49%27.47%24.38%28.14%25.87%27.87%34.99%29.08%
Profit Margin
29.40%28.65%26.95%29.20%30.82%29.65%27.81%28.78%27.82%26.61%26.87%27.18%28.72%26.76%25.86%29.51%27.19%27.79%30.90%29.97%
FCF Margin
-25.34%101.42%-50.78%270.39%110.13%-63.69%89.37%112.50%149.05%-87.28%106.48%-31.99%52.52%115.31%49.71%-6.09%-18.72%35.62%30.13%-130.32%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23
Dividend Per Share
-1.0430.0320.959--0.4813.539---3.6462.797
Dividend Per Share Growth
---93.31%-72.90%----2.92%-----
Dividend Yield
-2.08%1.11%1.47%--5.61%3.90%---6.21%2.81%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
8.149.809.2110.4411.818.988.7211.9712.5217.0817.7817.3416.679.2412.7015.2214.2421.5924.9638.05
Forward PE
7.729.158.9210.1311.448.547.9410.9111.4514.5415.1513.3014.948.6210.7614.6213.1920.2724.1333.80
P/FCF Ratio
-2.69-2.925.54-3.574.609.81-8.60-9.197.9525.83-----
PS Ratio
2.322.832.683.073.462.562.423.303.404.664.874.714.642.533.514.394.126.467.5010.94