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 | 18,238.09 | 19,870.01 | 14,817.45 | 14,180.43 | 12,974.21 | 8,595.73 | 5,166.77 | 3,157.19 | 1,997.09 | 1,175.91 | 661.14 | 418.98 | 31.89 |
| Cost of revenue | 5,952.03 | 6,416.56 | 4,825.48 | 4,436.43 | 4,046.67 | 2,955.26 | 1,734.82 | 1,110.37 | 657.52 | 395.23 | 48.74 | 133.72 | |
| Gross profit | 12,286.06 | 13,453.45 | 9,991.97 | 9,744.00 | 8,927.54 | 5,640.47 | 3,431.95 | 2,046.82 | 1,339.57 | 780.69 | 661.14 | 418.98 | 31.89 |
| Total operating expenses | 6,372.52 | 6,857.91 | 5,446.70 | 5,695.35 | 4,773.55 | 3,049.36 | 1,825.24 | 1,240.25 | 654.82 | 426.47 | 476.01 | 16.13 | |
| Operating income | 5,913.54 | 6,595.54 | 4,545.26 | 4,048.65 | 4,153.99 | 2,591.10 | 1,606.71 | 806.56 | 684.75 | 354.22 | 185.13 | 67.81 | 31.89 |
| Non-operating income (net) | -572.01 | -876.09 | -671.74 | -480.46 | -188.80 | -150.38 | -108.84 | -126.94 | -88.53 | -4.23 | 7.35 | 2.30 | 0.00 |
| Income before tax | 5,341.53 | 5,719.44 | 3,873.52 | 3,568.18 | 3,965.19 | 2,440.72 | 1,497.86 | 679.62 | 596.21 | 349.99 | 192.49 | 70.11 | 31.89 |
| Income tax expense | 273.78 | 540.43 | 36.37 | -140.42 | 231.47 | 342.63 | 441.01 | 186.05 | 157.43 | 121.82 | 56.87 | 27.07 | |
| Net income | 5,068.24 | 5,177.37 | 3,836.47 | 3,707.40 | 3,730.55 | 2,092.99 | 1,048.12 | 489.45 | 428.77 | 176.60 | 75.80 | 23.59 | 31.89 |
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 | 4,615.52 | 5,062.56 | 4,592.38 | 4,381.80 | 4,319.06 | 4,243.92 | 4,354.28 | 4,662.22 | 4,182.48 | 4,097.17 | 4,298.65 | 3,532.91 | 3,119.21 | 1,345.98 | 3,744.40 | 3,688.06 | 2,829.63 | 1,406.24 | 3,316.08 | 2,949.62 | 2,762.64 | 1,671.68 | 2,405.10 | 1,965.50 | 2,078.47 | 1,379.97 | 1,429.12 | 1,147.75 | 1,056.70 | 901.44 |
| Cost of revenue | 1,578.85 | 1,649.85 | 1,510.11 | 1,423.20 | 1,409.22 | 1,119.49 | 1,445.95 | 1,466.51 | 1,383.15 | 1,286.88 | 1,303.01 | 1,163.22 | 1,092.99 | 1,265.41 | 1,086.41 | 1,145.24 | 888.47 | 1,905.05 | 1,029.43 | 905.23 | 1,015.49 | 1,583.59 | 815.36 | 653.51 | 757.24 | 1,874.28 | 466.59 | 358.12 | 319.39 | 314.74 |
| Gross profit | 3,036.67 | 3,412.71 | 3,082.28 | 2,958.61 | 2,909.84 | 4,243.92 | 2,908.33 | 3,195.71 | 2,799.33 | 2,810.29 | 2,995.64 | 2,369.69 | 2,026.22 | 80.57 | 2,657.99 | 2,542.83 | 1,941.17 | -498.82 | 2,286.65 | 2,044.39 | 1,747.15 | 88.09 | 1,589.74 | 1,311.99 | 1,321.23 | -494.31 | 962.53 | 789.63 | 737.30 | 586.70 |
| Total operating expenses | 1,625.26 | 1,744.48 | 1,657.08 | 1,524.89 | 1,488.08 | 1,655.59 | 1,527.67 | 1,535.99 | 1,491.51 | 1,529.15 | 1,668.42 | 1,262.18 | 1,082.40 | 903.81 | 1,522.31 | 1,528.87 | 1,104.29 | 402.33 | 1,295.13 | 1,073.22 | 917.96 | 285.25 | 845.68 | 661.67 | 699.70 | -663.54 | 536.84 | 461.84 | 406.50 | 400.30 |
| Operating income | 1,411.41 | 1,668.23 | 1,425.19 | 1,433.72 | 1,421.76 | 2,588.33 | 1,380.65 | 1,659.72 | 1,307.82 | 1,281.14 | 1,327.23 | 1,107.51 | 943.82 | -804.09 | 1,135.68 | 1,013.96 | 836.87 | -915.39 | 991.52 | 971.17 | 829.19 | -197.16 | 744.06 | 650.31 | 621.53 | 169.23 | 425.70 | 327.79 | 330.80 | 186.40 |
| Non-operating income (net) | -93.07 | -107.53 | -122.42 | -160.02 | -178.42 | -1,286.95 | -192.74 | -176.35 | -196.70 | -199.79 | -134.21 | -164.62 | -141.78 | 1,620.24 | -132.27 | -85.61 | -65.21 | 1,771.83 | -49.29 | -20.54 | -13.62 | 860.05 | -81.89 | -42.35 | -12.16 | 377.94 | -25.16 | -22.50 | -16.59 | -13.24 |
| Income before tax | 1,318.34 | 1,560.70 | 1,302.77 | 1,273.70 | 1,243.34 | 1,301.37 | 1,187.91 | 1,483.37 | 1,111.12 | 1,081.35 | 1,193.01 | 942.89 | 802.04 | 816.15 | 1,003.41 | 928.35 | 771.66 | 856.44 | 942.22 | 950.63 | 815.57 | 662.89 | 662.16 | 607.96 | 609.37 | 547.17 | 400.53 | 305.28 | 314.21 | 173.16 |
| Income tax expense | 25.26 | 259.51 | 0.48 | -3.40 | 26.25 | 120.63 | 25.35 | 284.88 | 60.12 | 58.90 | 72.97 | -8.92 | 19.85 | 20.20 | -48.96 | -48.53 | 1.97 | 2.19 | -29.52 | 67.47 | 52.07 | 60.50 | 95.45 | 69.10 | 140.36 | 156.98 | 126.87 | 82.19 | 96.44 | 58.06 |
| Net income | 1,285.21 | 1,315.41 | 1,292.02 | 1,274.70 | 1,216.55 | 1,180.21 | 1,161.90 | 1,197.77 | 1,051.46 | 1,030.02 | 1,119.59 | 950.36 | 781.28 | 795.02 | 1,052.23 | 975.46 | 769.55 | 854.10 | 970.99 | 882.56 | 763.00 | 600.82 | 565.82 | 536.92 | 468.19 | 381.19 | 273.66 | 223.09 | 217.77 | 115.10 |