XP Inc.

XP Inc.

XP
XP Inc.US flagNASDAQ Global Select
16.20
USD
-0.40
- -
8.47BMarket Cap
XP Inc.
XP
(NASDAQ Global Select)

Recent

price

15.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.25
2.33
3.72
6.52
9.08
11.08
10.7
12.1
13.71
15.11
15.76
Revenue per Share
0.44
0.75
0.84
1.96
3.76
6.42
6.44
7.22
8.33
9.8
10.03
Basic EPS, GAAP
-0.05
0.38
-1.08
-7.2
2.21
-7.82
3.02
14.69
20.03
21.91
27.24
Free Cash Flow per Basic Share
0.32
0.34
0.59
0.91
- -
- -
- -
6.56
3.76
0.94
- -
Dividend per Share
- -
0.46
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
1.21
2.88
11.97
18.44
24.33
29.16
31.4
32.15
39.42
- -
Tangible Book Value per Share
552
552
552
552
552
559
555
540
542
527
524
Basic Weighted Avg Shares
690
1,284
2,055
3,596
5,016
6,196
5,940
6,532
7,425
7,967
8,250
Sales/Revenue/Turnover
-27.06
1.17
-8.75
2.08
-12.27
-31.07
-59.98
-59.17
-52.74
-56.7
-55.27
Operating Margin (%)
23
27
53
91
143
232
206
252
265
304
230
Depreciation Expense
244
414
461
1,080
2,076
3,589
3,579
3,899
4,513
5,170
5,252
Net Income, GAAP
34.81
26.41
27.37
29.44
14.04
5.84
- -
0.94
9.45
5.13
5.04
Effective Tax Rate (%)
35.33
32.24
22.46
30.05
41.39
57.93
60.25
59.69
60.79
64.89
63.67
Profit Margin (%)
- -
-1,899
-3,574
-11,965
-25,633
-12,704
-29,280
-4,581
-38,078
-60,581
- -
Working Capital
- -
737
762
1,356
266
268
1,866
27,725
33,293
32,111
- -
LT Debt
- -
1,152
2,092
7,156
10,898
14,420
17,042
19,451
20,047
23,548
- -
Total Equity
- -
0.86
-2.12
0.31
-1.55
-4.19
- -
-5.41
-3.16
-3.21
-10.44
Return on Invested Capital (%)
- -
54.66
11.13
9.18
8.6
12.31
- -
8.67
5.68
5.19
18.45
Return on Capital (%)
- -
325.09
362.42
4,911,290.91
9,027,956.52
15,606,156.52
15,230,000
15,594,808
17,359,265.38
19,147,359.26
850.19
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
72,507
74,652
- -
LT Borrowings
- -
32,111
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
526
519
- -
Market Capitalization
52,935
47,536
51,863

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
164,847
148,947
- -
Cash, Cash Equivalents & STI
78,811
73,113
- -
Accounts Receivable, Net
1,171
1,130
- -
Inventories
- -
- -
- -
Total Current Liabilities
200,844
209,529
- -
Payables & Accruals
63,569
65,436
- -
ST Debt
72,507
74,652
- -
Deferred Revenue
- -
442
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.03%
17.46%
Free Cash Flow
- -
-36.16%
6.51%
Net Income, GAAP
- -
22.36%
14.54%
Sales/Revenue/Turnover
- -
10.06%
7.3%
Total Cash Common Dividend
- -
- -
-75.72%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,624
1,949
1,940
1,912
7,425
2025
1,649
1,795
2,090
2,432
7,967
2026
1,933
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.88
2.05
2.21
- -
8.33
2025
2.32
2.5
2.51
- -
9.8
2026
2.55
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.76
2025
- -
- -
- -
- -
0.94
2026
- -
- -
- -
- -
- -
Business
XP Inc. (Nasdaq: XP) operates as a leading technology-driven financial services platform primarily in Brazil, with operations extending to the United States and the United Kingdom; the company provides an open-architecture ecosystem offering low-cost investment products, brokerage services, financial advisory, wealth management, digital banking, credit cards, loans, insurance products including life, health, and property coverage, pension plans, retirement solutions, securities placement, fixed income underwriting, alternative funds, institutional trading, structured products, interdealer brokerage, and foreign exchange services through brands such as XP Investimentos, Rico, and Clear. Founded in 2001 by Guilherme Benchimol and Marcelo Maisonnave in Porto Alegre, Brazil, XP Inc. is headquartered in Grand Cayman, Cayman Islands, and serves retail clients including high-net-worth individuals, corporate/institutional investors, and independent advisors numbering over 18,200; it targets Brazilian and international markets with a focus on democratizing access to diverse equities, fixed income, funds, derivatives, mutual and hedge funds, real estate investment trusts (REITs), private equity, educational content, and asset management solutions. The company generates revenue from commissions (approximately 52%), interest income (26%), and other services amid assets under custody exceeding R$1.4 trillion and a client base surpassing 4.7 million active accounts as of recent quarters. In recent developments, XP Inc. launched new liquidity products and private credit solutions on its fixed-income platform, announced a R$1.0 billion share repurchase program effective November 2025 through November 2026 funded by existing cash, approved a US$0.18 per Class A share cash dividend payable December 2025, initiated XTAGE its digital assets trading platform leveraging Nasdaq technology for cryptocurrency trading integrated into its existing app with plans for asset expansion, participated alongside General Atlantic in a strategic minority investment in LiveMode a sports and media ecosystem firm in April 2024 via XP Private Equity, reported record Q3 2025 gross revenue of R$18.9 billion last twelve months with earnings before tax at R$5.1 billion, and continued client asset growth to R$1.425 trillion in Q3 2025 reflecting accelerated retail net new money inflows and product innovations in FX, global investments, and digital accounts.

Company News

APIChat
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  • XP Inc. Reports First Quarter 2026 Results

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  • Should Value Investors Buy XP (XP) Stock?

  • Valor Econômico to Host Brazil-USA Summit in New York, Presented by XP Inc.

  • Wall Street Analysts Think XP Inc.A (XP) Could Surge 33.14%: Read This Before Placing a Bet

  • XP: Growth Is Improving, But Retail Flows Are Still Missing

  • Are Investors Undervaluing XP (XP) Right Now?

  • XP vs. HLI: Which Stock Is the Better Value Option?

  • Is It Too Late to Buy XP Inc (XP) After 4.3% Rally? GF Value Says Undervalued