stockrow
Friday 6 November 2026
Export XP’s income statement to Excel — free account
XP Inc.
XP Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 4.36% from fiscal 2024.
- Revenue
- +22.0%
- EPS
- +23.3%
- Free cash flow
- −127.1%
- Total debt
- −30.7%
Quarter to June 2026, against a year earlier
14.84
0.33
−2.18%
Follow XP
Alert me
XP Inc. (XP) Net margin
XP Inc.'s net margin over the twelve months to 30 June 2026 was 27.8%, down 0.3 percentage points from fiscal 2025 (28.1%). Over the past ten years it has ranged from 15.0% (fiscal 2016) to 29.7% (fiscal 2021); the current reading is higher than 90% of that period. That is above the Capital Markets industry median of −0.34% and above the Financial sector median of 14.3%.
Net margin, annual
Embed this chart
Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 28.1% | 1.60 |
| FY2024 | 26.5% | 0.26 |
| FY2023 | 26.2% | (0.58) |
| FY2022 | 26.8% | (2.90) |
| FY2021 | 29.7% | 4.25 |
| FY2020 | 25.5% | 4.40 |
| FY2019 | 21.1% | 5.59 |
| FY2018 | 15.5% | (6.04) |
| FY2017 | 21.5% | 6.52 |
| FY2016 | 15.0% | — |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 28.7% | 0.68 |
| Mar 2026 | 28.0% | 1.70 |
| Dec 2025 | 26.3% | (1.99) |
| Sep 2025 | 28.3% | (1.29) |
| 23 more quarters | Free account |
Against its own ten years
Low 15.0%
High 29.7%
Ten-year median
25.9%
Current reading's percentile
63
Net margin against peers
| Company | Net margin |
|---|---|
| FUTU Futu Holdings Limited Sponsored ADR compare | 43.0% |
| MKTX MarketAxess Holdings Inc. compare | 35.2% |
| XP XP Inc. | 27.8% |
| VIRT Virtu Financial, Inc. compare | 12.7% |
| SNEX StoneX Group Inc. compare | 0.32% |
| IREN IREN Limited compare | −99.4% |
| HUT Hut 8 Corp. compare | −169.8% |
| RIOT Riot Platforms, Inc. compare | −210.8% |
| WULF TeraWulf Inc. compare | −1,179.9% |
| Capital Markets industry median | −0.34% |
| Financial sector median | 14.3% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on XP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement