NASDAQ$XP

XP Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

XP Q2 2025: R$4.46B revenue, R$1.32B net income; diluted EPS R$2.46

XP Inc. filed unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2025. Second-quarter total revenue and income reached R$4.46 billion, up from R$4.22 billion in Q2 2024, while net income attributable to parent shareholders was R$1.32 billion versus R$1.12 billion a year earlier. Basic EPS rose to R$2.50 and diluted EPS to R$2.46 from R$2.05 and R$2.03, respectively. Six-month net income totaled R$2.55 billion on revenue and income of R$8.80 billion. Total assets reached R$373.9 billion at June 30, 2025, up from R$347.5 billion at year-end 2024, reflecting continued expansion of the Brazilian investment platform's financial assets under management.

  • Q2 total revenue and income R$4.46B (+5.7% YoY); net income R$1.32B (+18.1% YoY).
  • Diluted EPS R$2.46 vs R$2.03 in Q2 2024; basic EPS R$2.50.
  • Six-month net income R$2.55B on R$8.80B total revenue and income.
  • Total assets R$373.9B at June 30, 2025 vs R$347.5B at Dec 31, 2024.
  • Cash balance R$12.1B; financial assets R$342.4B at quarter end.

Headline financials

Total Revenue

R$4.46B

Previous: R$834M+434.1%
EPS (adj)

R$2.46

Previous: R$0.39+531.2%
Six-month net income

R$2.55B

No prior period
Financial assets

R$342B

No prior period
Net Income

R$1.32B

Previous: R$214M+515.4%
Cash & Equivalents

R$12.1B

No prior period
Total Assets

R$374B

No prior period

Revenue & EPS history

XP · Revenue · Quarterly

R$4.46B

Q2 2025+434.1%vs Q2 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-1.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+0.2%

Avg return

30 days after

48%

13 / 27 earnings

Positive

+10.1%

Q1 2020

Best reaction

-20.3%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%-2.9%-11.6%
Q4 2025+0.5%+2.0%-7.9%
Q3 2025+1.9%-4.0%-12.3%
Q2 2025-8.7%-5.9%+14.9%
Q1 2025+1.1%+1.2%+2.3%
Q4 2024-1.3%-3.1%+0.7%
Q3 2024-7.1%-5.8%-28.2%
Q2 2024+8.6%+10.6%+3.1%
Q1 2024-16.7%-13.5%-16.7%
Q4 2023-1.6%-0.8%+6.4%
Q3 2023+0.0%+4.9%+5.6%
Q2 2023-2.3%-1.7%+2.1%
Q1 2023+3.8%+12.3%+37.5%
Q4 2022-20.3%-17.8%-26.4%
Q3 2022+6.7%+4.1%-13.9%
Q2 2022-16.7%-20.2%-21.4%
Q1 2022-9.6%-16.6%-3.8%
Q4 2021+7.1%+5.1%-3.1%
Q3 2021-1.5%+3.8%-11.7%
Q2 2021+9.3%+15.2%+22.7%
Q1 2021+9.3%+14.5%+1.0%
Q4 2020+3.6%-4.2%-18.2%
Q3 2020-6.7%-8.5%-10.0%
Q2 2020-3.0%-8.0%-5.3%
Q1 2020+10.1%+4.6%+53.9%
Q4 2019-5.1%-3.2%+37.3%
Q3 2019+3.3%+10.0%+8.5%
Q2 2019
Q1 2019
Q4 2018

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