Xp Incorporation (XP)
NASDAQ:XP
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Earnings Data
Report Date
Aug 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.53Last Year’s EPS
0.49Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: the company delivered healthy year-over-year growth across client assets, revenues, earnings, and EPS, showed strong retail momentum and fee-based adoption, and announced meaningful capital returns (buybacks and dividends). Short-term challenges from March volatility, credit spread widening, weaker DCM/fixed-income issuance and a temporary NPS dip pressured sequential revenue and margins, but management framed these as largely external and transient, expecting stabilization and a return to double-digit growth. On balance the positives (broad YoY growth, capital strength, retail flows and strategic progress on fee-based revenues) outweigh the near-term headwinds.Company Guidance
Client Assets and Growth
Total client assets (AUM + AUA) reached BRL 2.1 trillion, representing 21% year-over-year growth, demonstrating strong asset gathering and market share expansion.
Top-Line and Profitability Gains
Gross revenue was BRL 4.9 billion, up 8% year-over-year. Adjusted EBT reached BRL 1.4 billion (+8% YoY) and adjusted net income was BRL 1.3 billion (+7% YoY). ROE for the quarter was 21.7%.
EPS and Margins
Adjusted diluted EPS increased ~9% year-over-year, outpacing net income growth. Net margins were 27.8% for the quarter (minor YoY compression noted).
Capital Management and Returns
Announced a new buyback program of BRL 1 billion (with nearly half of an earlier open program already executed) and declared BRL 500 million in dividends for June; combined 2026 capital distributions announced total ~BRL 2.5 billion.
Strong Retail Net New Money and Adviser Base
Retail organic net new money was BRL 19 billion in Q1; total net flows for the quarter were approximately BRL 14 billion (retail offsetting corporate/institutional net outflows). Adviser count was 18.3 thousand (+1% YoY) and active clients were 4.8 million (+2% YoY).
Retail and Equities Momentum
Retail revenue was BRL 800 million (+10% YoY). Equities revenue grew 22% YoY and 13% quarter-over-quarter, reaching nearly BRL 1.2 billion, with equities gaining share of total revenue.
Wholesale and Institutional Growth
Combined wholesale (including institutional) business lines grew ~26% year-over-year; institutional business grew both YoY and QoQ benefiting from higher trading volumes.
Fee-Based Strategy Progress
Approximately 25% of individual AUC is now under flat/fee-based models, with management targeting around 50% over the next 3–5 years to diversify revenue and reduce dependence on take rates.
Solid Capital and Risk Position
BIS (capital) ratio closed at 20.7%, VAR declined to 14 bps, and RWA was BRL 122 billion (up 3% QoQ); management highlights a sound balance sheet and disciplined risk controls.
Brand and Client Experience Recognition
Named best financial advisory platform for the 8th consecutive year; management reports recent NPS recovery signs (moving-average distortion improving toward ~70 in more recent indicators).
XP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 18, 2026 | $17.34 | $16.67 | -3.86% |
Feb 12, 2026 | $19.77 | $19.87 | +0.51% |
Nov 17, 2025 | $17.92 | $18.27 | +1.94% |
Aug 18, 2025 | $17.32 | $15.84 | -8.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Xp Incorporation (XP) report earnings?
Xp Incorporation (XP) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).
What is Xp Incorporation (XP) earnings time?
Xp Incorporation (XP) earnings time is at Aug 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XP EPS forecast?
XP EPS forecast for the fiscal quarter 2026 (Q2) is 0.53.