XP Earnings Reports

XP posted R$4.455 billion in revenue and R$1.321 billion in net income in Q2 2025. Adjusted net margin rose to 29.6%, retail segment continued to expand, and XP maintained solid profitability and efficiency levels.

XP Inc. delivered solid financial results in Q4 2024, with a 10% year-over-year increase in gross revenue, reaching R$4.725 billion. Adjusted net income rose 16% to R$1.21 billion, driven by a record efficiency ratio of 34.7%. Retail revenue grew 13% year-over-year, supported by strength in fixed income and cards. Operating efficiency and strategic expansion contributed to profitability improvements.