XP
Xp Inc
NASDAQ: XP · FINANCIAL SERVICES · CAPITAL MARKETS
$18.38
-4.62% today
Updated 2026-04-29
Market cap
$9.51B
P/E ratio
9.47
P/S ratio
0.54x
EPS (TTM)
$1.94
Dividend yield
0.98%
52W range
$15 – $23
Volume
5.8M
Xp Inc (XP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.89M | $418.98M | $661.14M | $1.18B | $2.00B | $3.16B | $5.17B | $8.60B | $12.97B | $14.18B | $14.82B | $19.87B | $18.24B |
| Revenue growth (YoY) | — | +1213.9% | +57.8% | +77.9% | +69.8% | +58.1% | +63.7% | +66.4% | +50.9% | +9.3% | +4.5% | +34.1% | -8.2% |
| Cost of revenue | — | $133.72M | $48.74M | $395.23M | $657.52M | $1.11B | $1.73B | $2.96B | $4.05B | $4.44B | $4.83B | $6.42B | $5.95B |
| Gross profit | $31.89M | $418.98M | $661.14M | $780.69M | $1.34B | $2.05B | $3.43B | $5.64B | $8.93B | $9.74B | $9.99B | $13.45B | $12.29B |
| Gross margin | 100.0% | 100.0% | 100.0% | 66.4% | 67.1% | 64.8% | 66.4% | 65.6% | 68.8% | 68.7% | 67.4% | 67.7% | 67.4% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | $12.62M | $11.82M | $471.24M | $485.27M | $874.71M | $1.36B | $2.02B | $2.99B | $3.78B | $3.82B | $4.16B | $6.27B |
| Operating income | $31.89M | $67.81M | $185.13M | $354.22M | $684.75M | $806.56M | $1.61B | $2.59B | $4.15B | $4.05B | $4.55B | $6.60B | $5.91B |
| Operating margin | 100.0% | 16.2% | 28.0% | 30.1% | 34.3% | 25.5% | 31.1% | 30.1% | 32.0% | 28.6% | 30.7% | 33.2% | 32.4% |
| EBITDA | $31.89M | $-17.15M | $-52.46M | $371.59M | $687.90M | $812.32M | $1.67B | $2.64B | $4.35B | $4.20B | $4.73B | $6.92B | $6.25B |
| EBITDA margin | 100.0% | -4.1% | -7.9% | 31.6% | 34.4% | 25.7% | 32.3% | 30.7% | 33.5% | 29.6% | 31.9% | 34.8% | 34.3% |
| EBIT | $63.78M | $50.66M | $132.67M | $349.99M | $659.51M | $756.32M | $1.58B | $2.49B | $4.11B | $3.98B | $4.48B | $6.61B | $5.95B |
| Interest expense | — | $0.00 | $0.00 | $0.00 | $63.29M | $76.70M | $81.87M | $53.09M | $141.07M | $416.73M | $607.62M | $894.20M | $613.12M |
| Income tax | — | $27.07M | $56.87M | $130.15M | $151.97M | $175.40M | $454.63M | $339.92M | $222.71M | $-135.56M | $36.96M | $471.13M | — |
| Effective tax rate | 0.0% | 53.4% | 42.9% | 42.4% | 26.2% | 26.4% | 30.3% | 14.0% | 5.6% | -3.8% | 1.0% | 8.3% | 0.0% |
| Net income | $31.89M | $23.59M | $75.80M | $176.60M | $428.77M | $489.45M | $1.05B | $2.09B | $3.73B | $3.71B | $3.84B | $5.18B | $5.07B |
| Net income growth (YoY) | — | -26.0% | +221.4% | +133.0% | +142.8% | +14.2% | +114.1% | +99.7% | +78.2% | -0.6% | +3.5% | +35.0% | -2.1% |
| Profit margin | 100.0% | 5.6% | 11.5% | 15.0% | 21.5% | 15.5% | 20.3% | 24.3% | 28.8% | 26.1% | 25.9% | 26.1% | 27.8% |