NASDAQ · XP

XP financials

$20.27+0.20%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
Revenue$1.44B$1.20B$1.35B$1.12B$2.17B$1.57B$1.28B
Gross profit$453.9M$382.2M$439.6M$1.12B$2.17B$1.57B$1.28B
Gross margin31.4%31.8%32.7%100.0%100.0%100.0%100.0%
Operating income-$811.1M-$629.2M-$792.9M-$671.1M$710.5M$476.2M$405.1M
Net income$937.3M$730.4M$803.4M$677.0M$644.3M$399.8M$268.8M
Net margin64.9%60.8%59.7%60.2%29.7%25.5%21.1%
Diluted EPS$1.76$1.33$1.48$1.18$1.12$0.72$0.53
EBITDA-$756.0M-$586.2M-$740.9M-$632.1M$710.5M$503.8M$427.7M
Operating cash flow$2.18B$1.81B$1.67B$341.2M-$721.6M$290.9M-$948.8M
Free cash flow$2.15B$1.79B$1.66B$332.8M-$745.9M$262.9M-$966.8M
Diluted shares531.9M548.3M544.2M573.0M573.5M559.1M511.7M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$1.88B$907.9M$812.6M$672.1M$446.2M$376.4M
Short-term investments$49.28B$37.59B$35.45B$26.89B$18.50B$15.04B
Total debt$41.19B$32.97B$27.70B$20.41B$12.91B$11.72B
Total assets$71.89B$56.23B$51.32B$36.32B$25.01B$18.49B
Total liabilities$67.62B$52.98B$47.31B$33.10B$22.42B$16.39B
Shareholders' equity$4.27B$3.24B$4.01B$3.22B$2.59B$2.10B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology