Xero Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Sukhinder Singh Cassidy
- Full Time Employees
- 4,356
- Sector
- Technology
- Industry
- Software - Application
- Address
- Xero One Wellington New Zealand 6011
- IPO Date
- Mar 23, 2012
- Website
- xero.com
- Similar Companies
- Business
- Xero Limited Xero Limited (XROLF) provides cloud-based accounting software and related services to small businesses, accountants, and bookkeepers worldwide. Founded in 2006 and headquartered in Wellington, New Zealand, the company offers a comprehensive suite of features including automated bank feeds, online invoicing, quotes, inventory management, multi-currency accounting, contact management, sales tax automation via Avalara, data capture with Hubdoc, online file storage, analytics and cash flow forecasting, accounting dashboards, payroll, expense claims, fixed asset depreciation, purchase orders, bank reconciliations, and standard business reporting; it also integrates with over 1,000 third-party apps and provides tailored plans such as Early, Growing, and Established for varying business needs, alongside tools like the AI financial superagent JAX for insights and automation, Tap to Pay on iPhone via Stripe partnerships, and industry-specific solutions for construction, real estate, and retail. Xero operates globally with offices in New Zealand, Australia, the United Kingdom, the United States, Canada, South Africa, Singapore, and Hong Kong, serving over 4.6 million subscribers primarily through a subscription-based software-as-a-service model. In a major strategic expansion, Xero agreed in 2025 to acquire U.S. small-to-medium business bill pay platform Melio for approximately A$4 billion, funded partly by a A$1.85 billion institutional placement and up to A$200 million share purchase plan, to accelerate U.S. growth, enhance accounts payable and receivable capabilities, and boost average revenue per user; recent innovations include the rollout of generative AI features like Just Ask Xero, enhanced U.S. bank feeds via Plaid partnership tripling coverage, online bill payments powered by BILL, inventory software enhancements, tax compliance tools with Tallyfor and BGL, sustainability hubs with Sumday, and workforce management integrations.
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