Result released by the company represents an increase of 18% compared to the same period of 2024
XP INC recorded a record adjusted net income of R $ 1.32 billion in the 2nd quarter of 2025, up 18% over the same period of 2024 and growth of 7% against. The balance was released on Monday (18.2025). Here’s (PDF – 815 kb).
Net profit by adjusted basic action was R $ 2.50, 8% increase against the previous quarter and growth of 22% compared to the same period of 2024.
Net profit by diluted action adjusted to the quarter was R $ 2.46, an increase of 7% compared to the previous quarter and a growth of 22% over the same period of the previous year.
The investment advisory company says in the document that net profit per action has grown faster in relation to net income as a result of the action repurchase programs performed by the company.
According to XP, the total gross revenue was R $ 4.7 billion from April to June this year, 4% growth compared to the same interval of 2024 and 2% compared to the previous quarter, with retail pulling the number. Net revenue was R $ 4.455 billion, annual increase of 6% and 3% quarterly.
The Roae (acronym for return on average equity) annualized was 24.4%, an increase of 223 base points compared to the 2nd quarter of 2024 and 31 base points compared to the 1st quarter.
The route (acronym for return on tangible assets), which excludes intangible assets and goodwill and better compares the XP balance with its local competitors, was 30.1%, an increase of 283 base points on annual base.
The number of total advisers linked to the XP platform reached 18,200 in the 2nd quarter.
XP net capture fell to R $ 10 billion in the 2nd quarter, a 70% drop in 12 months and 59% in the quarter. According to the company, retail funding fell 34% in 1 year and 21% in the quarter to R $ 16 billion from March to June. The funding were negative at $ 6 billion in wholesale’s operations.
According to XP, the number of active customers rose 2% in 1 year and 1% in the quarter to 4.72 million.
