XP revenue and financials
$28.15Change from previous close: +30.93%Absolute change: +$6.65
In the fiscal year ended December 2025, XP reported revenue of R$7.97B (+7.30% year over year). Net income was R$5.17B, a net margin of 64.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.30%
- 2025 vs 2024
- Net income growth
- +14.54%
- 2025 vs 2024
- Net margin
- 64.9%
- 2024: 60.8%
Financial data
Amounts in millions of BRL; per-share values in BRL; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,967 | 7,425 | 6,532 | 5,940 | 6,196 | 5,016 | 3,596 | 2,055 | 1,284 |
| Cost of revenue | 5,896 | 5,535 | 4,917 | 4,838 | — | — | — | — | — |
| Gross profit | 2,071 | 1,890 | 1,615 | 1,102 | — | — | — | — | — |
| Selling, general and administrative | 4,667 | 4,313 | 3,987 | 3,914 | — | — | — | — | — |
| Operating income | -4,517 | -3,916 | -3,865 | -3,563 | — | — | — | — | — |
| EBIT | 6,074 | 5,765 | 4,554 | 3,847 | — | — | — | — | — |
| EBITDA | 6,378 | 6,031 | 4,806 | 4,053 | — | — | — | — | — |
| Interest expense | 625 | 780 | 617 | 402 | — | — | — | — | — |
| Pre-tax income | 5,449 | 4,986 | 3,936 | 3,445 | — | — | — | — | — |
| Income tax | 279 | 471 | 37.0 | -136 | 223 | 340 | 455 | 175 | 152 |
| Net income | 5,170 | 4,513 | 3,899 | 3,579 | 3,589 | 2,076 | 1,080 | 461 | 414 |
| Net income to common shareholders | 5,170 | 4,513 | 3,899 | 3,579 | — | — | — | — | — |
| Basic EPS | 9.80 | 8.33 | 7.22 | 6.44 | 6.42 | 3.76 | 2.11 | 0.94 | 8,535.00 |
| Diluted EPS | 9.72 | 8.23 | 7.16 | 6.25 | 6.26 | 3.71 | 21,115.00 | 9,358.00 | 0.85 |
| Average shares (basic) | 527 | 542 | 540 | 555 | — | — | — | — | — |
| Average shares (diluted) | 532 | 548 | 544 | 573 | — | — | — | — | — |