XP Inc. (XP)

XP Inc. Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	5,449	4,986	3,936	3,445	3,815
Depreciation & Amortization	304.14	265.33	252.41	205.88	231.73
Stock-Based Compensation	391.69	417.26	365.72	584.77	561.46
Other Adjustments	-54.63	2,227	575.18	306.05	766.91
Changes in Other Operating Activities	35,555	3,283	2,998	-2,737	-9,396
Operating Cash Flow	12,045	11,179	8,127	1,804	-4,020
Operating Cash Flow Growth	7.75%	37.55%	350.54%	-	-
Capital Expenditures	-209.29	-144.81	-66	-44.56	-135.44
Sale of Property, Plant & Equipment	-	10	-	-	-
Purchases of Intangible Assets	-280.28	-185.4	-130.22	-82.41	-217.57
Payments for Business Acquisitions	-	-	770.89	-69.53	-40.86
Other Investing Activities	-226.4	-1,347	-35.86	-174.77	-756.86
Investing Cash Flow	-715.97	-1,667	538.81	-371.28	-1,151
Long-Term Debt Issued	2,626	1,159	2,626	1,891	5,762
Long-Term Debt Repaid	5,158	3,552	2,557	277.72	254.2
Net Long-Term Debt Issued (Repaid)	7,784	4,711	5,183	2,168	6,016
Issuance of Common Stock	-	-	-	-	1,135
Repurchase of Common Stock	1,901	1,354	915.86	1,815	-
Net Common Stock Issued (Repurchased)	1,901	1,354	915.86	1,815	1,135
Other Financing Activities	-495.32	-2,038	-3,548	1.74	-3.26
Financing Cash Flow	-4,927	-5,784	-4,395	-200.3	6,639
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-90.59	-28.28	-28.28	-16.68	-376.73
Net Cash Flow	6,402	3,727	4,271	1,232	1,468
Free Cash Flow	11,836	11,034	8,061	1,759	-4,156
Free Cash Flow Growth	7.26%	36.88%	358.21%	-	-
FCF Margin	64.33%	64.79%	54.25%	13.18%	-34.41%
Free Cash Flow Per Share	22.25	20.12	14.81	3.07	-7.25
Levered Free Cash Flow	48,603	12,628	12,265	3,171	306.22
Unlevered Free Cash Flow	41,304	8,582	7,622	1,435	-5,572

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q