XP Inc. Q3 2025 Earnings Recap

XP Q3 2025 November 18, 2025

XP achieved solid growth in Q3 2025, with a notable increase in client assets and revenues, reflecting successful strategic initiatives despite ongoing market challenges.

Earnings Per Share Miss

$0.45 vs $0.46 est.

-1.5% surprise

Revenue Miss

847030877 vs 875598716 est.

-3.3% surprise

Market Reaction

1-Day +1.93%

5-Day -4.03%

30-Day -3.37%

Key Takeaways

Client assets (AUM and AUA) reached BRL 1.9 trillion, growing 16% year-over-year.
Gross revenues rose to BRL 4.9 billion, marking a 9% increase from the previous year.
Net income reached a record BRL 1.33 billion, up 12% year-over-year, with 23% ROE maintained.
Retail net new money inflows reached BRL 20 billion, indicating a rebound in client investment activity.
Continued advancements in technology and client servicing strategies are setting the stage for future growth.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit XP on AllInvestView.