XP Inc. (XP) Earnings History
Annual and quarterly earnings data from 2013 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 9.5% | -19.7% | 22.7% |
| 2023 | 10.9% | -26.1% | 26.3% |
| 2022 | 7.8% | -25.1% | 25.2% |
| 2021 | 15.9% | -14.8% | 27.7% |
| 2020 | 17.7% | -7.2% | 24.2% |
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XP Inc. (XP) Earnings Overview
As of February 28, 2026, XP Inc. (XP) reported trailing twelve-month net income of $5.05B, reflecting +0.1% year-over-year growth. The company earned $9.45 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, XP's 5-year EPS compound annual growth rate (CAGR) stands at +31.3%, indicating exceptional earnings growth. The company achieved its highest annual net income of $4.51B in fiscal 2024, representing a new all-time high.
XP Inc. maintains positive profitability with a gross margin of 0.1%, operating margin of -0.2%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SCHW ($8.85B net income, 0.2% margin), HOOD ($1.88B net income, 0.5% margin), FUTU ($7.91B net income, 0.4% margin), XP has room to improve margins relative to the peer group. Compare XP vs SCHW →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
12 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.51B | +15.8% | -$3.92B | $8.23 | 22.7% | -19.7% |
| 2023 | $3.90B | +8.9% | -$3.86B | $7.16 | 26.3% | -26.1% |
| 2022 | $3.58B | -0.3% | -$3.56B | $6.25 | 25.2% | -25.1% |
| 2021 | $3.59B | +72.9% | -$1.93B | $6.26 | 27.7% | -14.8% |
| 2020 | $2.08B | +92.2% | -$615M | $3.71 | 24.2% | -7.2% |
| 2019 | $1.08B | +134.2% | $75M | $2.11 | 20.9% | 1.5% |
| 2018 | $461M | +11.5% | -$180M | $0.84 | 14.6% | -5.7% |
| 2017 | $414M | +69.8% | $15M | $0.75 | 20.7% | 0.8% |
| 2016 | $244M | +221.6% | -$187M | $0.44 | 20.7% | -15.9% |
| 2015 | $76M | +221.4% | $185M | $0.31 | 11.5% | 28.0% |
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Start ComparisonFrequently Asked Questions
Is XP growing earnings?
XP EPS of $9.45 reflects slowing growth at +0.1%, below the 5-year CAGR of +31.3%. TTM net income is $5.1B. Expansion rate has moderated.
What are XP's profit margins?
XP Inc. net margin is +0.2%, with operating margin at -0.2%. Below-average margins reflect competitive or cost pressures.
How consistent are XP's earnings?
XP earnings data spans 2013-2024. The current earnings trend is +0.1% YoY. Historical data enables comparison across business cycles.