XP
Income statement / Annual
Last year (2023), XP Inc.'s total revenue was $14.24 B,
an increase of 118.82% from the previous year.
In 2023, XP Inc.'s net income was $3.90 B.
See XP Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$14.24 B
|
$6.51 B
|
$6.20 B
|
$5.02 B
|
$3.60 B
|
$2.28 B
|
$1.42 B
|
$763.97 M
|
$661.14 M
|
$418.98 M
|
| Cost of Revenue |
$13.48 B |
$6.04 B |
$3.43 B |
$2.65 B |
$1.61 B |
$1.17 B |
$1.15 B |
$450.18 M |
$0.00 |
$0.00 |
| Gross Profit |
$761.11 M |
$472.13 M |
$2.77 B |
$2.37 B |
$1.99 B |
$1.11 B |
$274.96 M |
$313.79 M |
$661.14 M |
$418.98 M |
| Gross Profit Ratio |
0.05 |
0.07 |
0.45 |
0.47 |
0.55 |
0.49 |
0.19 |
0.41 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.25
|
$0.31
|
$0.28
|
$0.29
|
$0.22
|
$0.30
|
$0.30
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$3.82 B
|
$3.77 B
|
$4.69 B
|
$3.01 B
|
$1.89 B
|
$1.18 B
|
$172.66 M
|
$470.85 M
|
$11.82 M
|
$12.62 M
|
| Selling & Marketing
Expenses |
$169.49 M
|
$138.72 M
|
$227.48 M
|
$134.92 M
|
$155.00 M
|
$96.08 M
|
$32.88 M
|
$24.48 M
|
$6.98 M
|
$3.51 M
|
| Selling, General &
Administrative Expenses |
$3.99 B
|
$3.91 B
|
$4.92 B
|
$3.15 B
|
$2.05 B
|
$1.27 B
|
$205.54 M
|
$495.34 M
|
$18.80 M
|
$16.13 M
|
| Other Expenses |
$0.00 |
-$18.17 M |
-$263.78 M |
-$266.00 M |
-$153.00 M |
-$9.54 M |
-$3.74 M |
-$6.27 M |
$0.00 |
$0.00 |
| Operating Expenses |
$761.11 M |
$3.89 B |
$4.66 B |
$2.88 B |
$1.89 B |
$1.26 B |
$238.72 M |
$499.28 M |
$476.01 M |
$351.17 M |
| Cost And Expenses |
$5.93 B |
$9.92 B |
$8.09 B |
$5.53 B |
$3.50 B |
$2.43 B |
$1.39 B |
$949.46 M |
$476.01 M |
$351.17 M |
| Interest Income |
$17.22 M |
$15.44 M |
$7.60 M |
$5.52 M |
$31.38 M |
$0.00 |
$0.00 |
$0.00 |
$7.35 M |
$2.30 M |
| Interest Expense |
$617.48 M |
$402.30 M |
$135.73 M |
$52.67 M |
$84.00 M |
$72.31 M |
$61.09 M |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$252.41 M
|
$9.78 B
|
$8.49 B
|
$5.96 B
|
$3.75 B
|
$2.29 B
|
$1.33 B
|
$877.86 M
|
-$185.13 M
|
-$67.81 M
|
| EBITDA |
$4.81 B
|
-$3.21 B
|
-$1.66 B
|
-$361.74 M
|
$1.72 B
|
-$97.25 M
|
$63.65 M
|
-$162.42 M
|
-$52.46 M
|
-$17.15 M
|
| EBITDA Ratio |
0.34 |
-0.49 |
-0.27 |
-0.07 |
0.03 |
-0.04 |
0.04 |
-0.21 |
-0.08 |
-0.04 |
| Operating Income Ratio
|
0.58
|
-0.52
|
-0.31
|
-0.1
|
0
|
-0.07
|
0.03
|
-0.24
|
0.28
|
0.16
|
| Total Other
Income/Expenses Net |
-$4.45 B
|
-$3.70 B
|
-$3.17 B
|
-$2.52 B
|
$1.47 B
|
$790.76 M
|
-$609.02 M
|
-$382.55 M
|
-$449.85 M
|
$2.30 M
|
| Income Before Tax |
$3.86 B |
$3.44 B |
$3.82 B |
$2.42 B |
$1.54 B |
$640.73 M |
$575.51 M |
$373.92 M |
$192.49 M |
$70.11 M |
| Income Before Tax Ratio
|
0.27
|
0.53
|
0.62
|
0.48
|
0.43
|
0.28
|
0.4
|
0.49
|
0.29
|
0.17
|
| Income Tax Expense |
$36.96 M |
-$135.56 M |
$222.71 M |
$339.92 M |
$455.00 M |
$175.40 M |
$151.97 M |
$130.15 M |
$56.87 M |
$27.07 M |
| Net Income |
$3.90 B |
$3.58 B |
$3.59 B |
$2.08 B |
$1.09 B |
$465.33 M |
$413.87 M |
$243.77 M |
$75.80 M |
$23.59 M |
| Net Income Ratio |
0.27 |
0.55 |
0.58 |
0.41 |
0.3 |
0.2 |
0.29 |
0.32 |
0.11 |
0.06 |
| EPS |
7.16 |
6.44 |
6.42 |
3.76 |
2.11 |
0.84 |
0.75 |
0.44 |
0.31 |
0.0989 |
| EPS Diluted |
7.16 |
6.25 |
6.26 |
3.71 |
2.11 |
0.84 |
0.75 |
0.44 |
0.31 |
0.0989 |
| Weighted Average Shares
Out |
$544.22 M
|
$555.43 M
|
$559.00 M
|
$552.29 M
|
$511.46 M
|
$551.80 M
|
$551.80 M
|
$551.80 M
|
$245.54 M
|
$238.53 M
|
| Weighted Average Shares
Out Diluted |
$544.21 M
|
$573.01 M
|
$573.50 M
|
$559.11 M
|
$511.71 M
|
$551.80 M
|
$551.80 M
|
$551.80 M
|
$245.54 M
|
$238.53 M
|
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