XP revenue and financials

XP · NASDAQ · USD

$29.73Change from previous close: +5.61%Absolute change: +$1.58

Close · October 6, 2026

In the fiscal year ended December 2025, XP reported revenue of R$17.77B (+139.37% year over year). Net income was R$5.17B, a net margin of 29.1%.

Annual revenue · 2025: R$17.77B
  1. R$1.28B2017
  2. R$2.05B2018
  3. R$3.6B2019
  4. R$5.02B2020
  5. R$6.2B2021
  6. R$5.94B2022
  7. R$6.53B2023
  8. R$7.42B2024
  9. R$17.77B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+139.37%
2025 vs 2024
Net income growth
+14.54%
2025 vs 2024
Net margin
29.1%
2024: 60.8%

Financial data

Amounts in millions of BRL; per-share values in BRL; shares in millions.

Balance sheet · Annual
Item202520242023202220212020201920182017
Total assets396,528347,457249,041192,035139,34096,02943,62317,724—
Current assets148,947158,062119,51576,119—————
Cash and equivalents10,35712,9109,2104,9673,7522,660888627835
Short-term investments17,06322,05714,8897,6048,895————
Receivables41,19935,20131,89122,972—————
Net property, plant and equipment804763655569598————
Goodwill1,9211,9211,833595543————
Other intangible assets842713669249278————
Long-term investments212,556157,654113,983102,574—————
Current liabilities209,529196,140124,096105,399—————
Accounts payable810763948617868————
Long-term debt20,9641,6662,1991,8661,929284382470—
Total debt104,221115,13468,55933,656—————
Total liabilities372,981327,410229,590174,992124,92185,13236,46715,633—
Total equity (incl. minority)23,54820,04719,45117,04214,420————
Minority interest1.03.71.56.52.8————