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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Total assets | 408,031 | 414,311 | 396,528 | 399,477 | 373,850 | — |
| Current assets | 148,100 | 149,588 | 148,947 | 164,847 | 149,947 | — |
| Cash and equivalents | 7,978 | 8,791 | 10,357 | 12,413 | 12,088 | — |
| Short-term investments | 50,940 | 59,565 | 62,757 | 66,398 | 64,360 | — |
| Receivables | 43,193 | 39,470 | 41,199 | 35,778 | 34,740 | — |
| Net property, plant and equipment | 728 | 738 | 804 | 680 | 619 | — |
| Goodwill | — | — | 1,921 | — | — | — |
| Other intangible assets | — | — | 842 | — | — | — |
| Long-term investments | 220,117 | 223,067 | 212,556 | 197,961 | 184,122 | — |
| Current liabilities | 185,536 | 200,836 | 209,529 | 200,844 | 189,442 | — |
| Accounts payable | 808 | 890 | 810 | 734 | 720 | — |
| Long-term debt | 48,664 | 50,646 | 29,570 | — | — | 3,502 |
| Total debt | 107,294 | 108,880 | 104,221 | 72,507 | 74,161 | — |
| Total liabilities | 383,199 | 389,585 | 372,981 | 375,808 | 351,581 | — |
| Total equity (incl. minority) | 24,832 | 24,726 | 23,548 | 23,669 | 22,270 | — |
| Retained earnings | 2,701 | 1,310 | — | 3,874 | 2,554 | 1,236 |
| Minority interest | 0.6 | 8.4 | 1.0 | 4.7 | 6.5 | — |