XP Inc. is a major Brazilian investment platform offering brokerage, wealth management and capital-markets products to retail and institutional clients. It built a digital ecosystem of advisory networks, funds and trading tools that competes with traditional banks for investment flows in Brazil. Growth has been tied to financialization of household savings and a broad open-architecture product shelf.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 1,649 | — | 1,236 | 21.8% |
| Q2 2025 | 1,794.5 | — | 1,318.9 | 19% |
| Q3 2025 | 2,090.5 | — | 1,319.6 | 11.3% |
| Q4 2025 | 2,431.8 | — | 1,295.7 | 8.2% |
| Q1 2026 | 1,933 | 17.2% | 1,318 | 6.6% |
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