XP Inc. income statement

In fiscal 2025, XP Inc. reported revenue of $1.43bn, up 3.1% on the year before and net income of $926m, or $1.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

XP Inc.: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	402	566	913	981	1,150	1,153	1,309	1,384	1,427
General and administrative	204	324	480	590	871	1,095	1,094	1,119	1,150
Interest expense	—	—	4	4	3	4	5	4	3
Income before tax	180	177	392	474	708	669	789	930	976
Income tax	48	48	115	67	41	−26	7	88	50
Net income	130	127	274	406	666	695	781	841	926
Diluted EPS	$0.27	$0.26	$0.54	$0.73	$1.16	$1.21	$1.44	$1.53	$1.74
Diluted shares (average)	485m	493m	512m	559m	573m	573m	544m	548m	532m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from XP Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to XP Inc.