Income Statement - XP Inc. (XP)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 18.24 | 19.87 | 14.82 | 14.18 | 12.97 | 8.60 | 5.17 | 3.16 | 2.00 | 1.18 | 0.66 | 0.42 | 0.03 |
| Cost of revenue | 5.95 | 6.42 | 4.83 | 4.44 | 4.05 | 2.96 | 1.73 | 1.11 | 0.66 | 0.40 | 0.05 | 0.13 | |
| Gross profit | 12.29 | 13.45 | 9.99 | 9.74 | 8.93 | 5.64 | 3.43 | 2.05 | 1.34 | 0.78 | 0.66 | 0.42 | 0.03 |
| Total operating expenses | 6.37 | 6.86 | 5.45 | 5.70 | 4.77 | 3.05 | 1.83 | 1.24 | 0.65 | 0.43 | 0.48 | 0.02 | |
| Operating income | 5.91 | 6.60 | 4.55 | 4.05 | 4.15 | 2.59 | 1.61 | 0.81 | 0.68 | 0.35 | 0.19 | 0.07 | 0.03 |
| Non-operating income (net) | -0.57 | -0.88 | -0.67 | -0.48 | -0.19 | -0.15 | -0.11 | -0.13 | -0.09 | 0.00 | 0.01 | 0.00 | 0.00 |
| Income before tax | 5.34 | 5.72 | 3.87 | 3.57 | 3.97 | 2.44 | 1.50 | 0.68 | 0.60 | 0.35 | 0.19 | 0.07 | 0.03 |
| Income tax expense | 0.27 | 0.54 | 0.04 | -0.14 | 0.23 | 0.34 | 0.44 | 0.19 | 0.16 | 0.12 | 0.06 | 0.03 | |
| Net income | 5.07 | 5.18 | 3.84 | 3.71 | 3.73 | 2.09 | 1.05 | 0.49 | 0.43 | 0.18 | 0.08 | 0.02 | 0.03 |
Show Quarterly Income Statement
Income Statement - XP Inc. (XP)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4.62 | 5.06 | 4.59 | 4.38 | 4.32 | 4.24 | 4.35 | 4.66 | 4.18 | 4.10 | 4.30 | 3.53 | 3.12 | 1.35 | 3.74 | 3.69 | 2.83 | 1.41 | 3.32 | 2.95 | 2.76 | 1.67 | 2.41 | 1.97 | 2.08 | 1.38 | 1.43 | 1.15 | 1.06 | 0.90 |
| Cost of revenue | 1.58 | 1.65 | 1.51 | 1.42 | 1.41 | 1.12 | 1.45 | 1.47 | 1.38 | 1.29 | 1.30 | 1.16 | 1.09 | 1.27 | 1.09 | 1.15 | 0.89 | 1.91 | 1.03 | 0.91 | 1.02 | 1.58 | 0.82 | 0.65 | 0.76 | 1.87 | 0.47 | 0.36 | 0.32 | 0.31 |
| Gross profit | 3.04 | 3.41 | 3.08 | 2.96 | 2.91 | 4.24 | 2.91 | 3.20 | 2.80 | 2.81 | 3.00 | 2.37 | 2.03 | 0.08 | 2.66 | 2.54 | 1.94 | -0.50 | 2.29 | 2.04 | 1.75 | 0.09 | 1.59 | 1.31 | 1.32 | -0.49 | 0.96 | 0.79 | 0.74 | 0.59 |
| Total operating expenses | 1.63 | 1.74 | 1.66 | 1.52 | 1.49 | 1.66 | 1.53 | 1.54 | 1.49 | 1.53 | 1.67 | 1.26 | 1.08 | 0.90 | 1.52 | 1.53 | 1.10 | 0.40 | 1.30 | 1.07 | 0.92 | 0.29 | 0.85 | 0.66 | 0.70 | -0.66 | 0.54 | 0.46 | 0.41 | 0.40 |
| Operating income | 1.41 | 1.67 | 1.43 | 1.43 | 1.42 | 2.59 | 1.38 | 1.66 | 1.31 | 1.28 | 1.33 | 1.11 | 0.94 | -0.80 | 1.14 | 1.01 | 0.84 | -0.92 | 0.99 | 0.97 | 0.83 | -0.20 | 0.74 | 0.65 | 0.62 | 0.17 | 0.43 | 0.33 | 0.33 | 0.19 |
| Non-operating income (net) | -0.09 | -0.11 | -0.12 | -0.16 | -0.18 | -1.29 | -0.19 | -0.18 | -0.20 | -0.20 | -0.13 | -0.16 | -0.14 | 1.62 | -0.13 | -0.09 | -0.07 | 1.77 | -0.05 | -0.02 | -0.01 | 0.86 | -0.08 | -0.04 | -0.01 | 0.38 | -0.03 | -0.02 | -0.02 | -0.01 |
| Income before tax | 1.32 | 1.56 | 1.30 | 1.27 | 1.24 | 1.30 | 1.19 | 1.48 | 1.11 | 1.08 | 1.19 | 0.94 | 0.80 | 0.82 | 1.00 | 0.93 | 0.77 | 0.86 | 0.94 | 0.95 | 0.82 | 0.66 | 0.66 | 0.61 | 0.61 | 0.55 | 0.40 | 0.31 | 0.31 | 0.17 |
| Income tax expense | 0.03 | 0.26 | 0.00 | 0.00 | 0.03 | 0.12 | 0.03 | 0.28 | 0.06 | 0.06 | 0.07 | -0.01 | 0.02 | 0.02 | -0.05 | -0.05 | 0.00 | 0.00 | -0.03 | 0.07 | 0.05 | 0.06 | 0.10 | 0.07 | 0.14 | 0.16 | 0.13 | 0.08 | 0.10 | 0.06 |
| Net income | 1.29 | 1.32 | 1.29 | 1.27 | 1.22 | 1.18 | 1.16 | 1.20 | 1.05 | 1.03 | 1.12 | 0.95 | 0.78 | 0.80 | 1.05 | 0.98 | 0.77 | 0.85 | 0.97 | 0.88 | 0.76 | 0.60 | 0.57 | 0.54 | 0.47 | 0.38 | 0.27 | 0.22 | 0.22 | 0.12 |