XP (XP) Revenue & Revenue Breakdown


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XP Revenue Highlights


Latest Revenue (Y)

$15.06B

Latest Revenue (Q)

$4.10B

Main Geography (Y)

BRAZIL

XP Revenue by Period


XP Revenue by Year

DateRevenueChange
2023-12-31$15.06B131.35%
2022-12-31$6.51B5.04%
2021-12-31$6.20B23.52%
2020-12-31$5.02B39.50%
2019-12-31$3.60B57.69%
2018-12-31$2.28B60.32%
2017-12-31$1.42B86.19%
2016-12-31$763.97M-

XP generated $15.06B in revenue during NA 2023, up 131.35% compared to the previous quarter, and up 660.30% compared to the same period a year ago.

XP Revenue by Quarter

DateRevenueChange
2024-03-31$4.10B-0.48%
2023-12-31$4.12B125.90%
2023-09-30$1.82B22.91%
2023-06-30$1.48B10.16%
2023-03-31$1.35B-21.28%
2022-12-31$1.71B0.36%
2022-09-30$1.70B0.88%
2022-06-30$1.69B20.10%
2022-03-31$1.41B-17.34%
2021-12-31$1.70B-2.74%
2021-09-30$1.75B-0.67%
2021-06-30$1.76B10.73%
2021-03-31$1.59B-4.87%
2020-12-31$1.67B18.67%
2020-09-30$1.41B20.88%
2020-06-30$1.17B-7.28%
2020-03-31$1.26B0.15%
2019-12-31$1.25B21.80%
2019-09-30$1.03B16.87%
2019-06-30$881.63M32.36%
2019-03-31$666.08M0.06%
2018-12-31$665.70M-

XP generated $4.10B in revenue during Q1 2024, up -0.48% compared to the previous quarter, and up 239.61% compared to the same period a year ago.

XP Revenue Breakdown


XP Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
BRAZIL$14.26B$12.86B$11.72B-
UNITED STATES$532.00M$449.45M$332.05M-
Europe$66.80M$42.03M$21.09M$41.48M
Brazil---$7.45B
United States---$655.82M

XP's latest annual revenue breakdown by geography, as of Dec 23: BRAZIL (95.97%), UNITED STATES (3.58%), and Europe (0.45%).

XP Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
XPXP$15.06B$4.10B
LPLALPL Financial$10.05B$3.11B
IBKRInteractive Brokers Group$7.81B$2.21B
SFStifel Financial$5.16B$1.48B
LAZLazard$2.59B$807.41M
EVREvercore$2.44B$738.42M
PIPRPiper Sandler Companies$1.36B$360.93M
PJTPJT Partners$1.15B$326.32M
MCMoelis & Company$854.75M$273.75M
MKTXMarketAxess$752.55M$206.72M
MARAMarathon Digital$387.51M$131.65M
TIGRUP Fintech$272.51M$78.95M
BTBTBit Digital$44.92M$30.29M

XP Revenue FAQ


What is XP’s yearly revenue?

XP's yearly revenue for 2023 was $15.06B, representing an increase of 131.35% compared to 2022. The company's yearly revenue for 2022 was $6.51B, representing an increase of 5.04% compared to 2021. XP's yearly revenue for 2021 was $6.2B, representing an increase of 23.52% compared to 2020.

What is XP’s quarterly revenue?

XP's quarterly revenue for Q1 2024 was $4.1B, a -0.48% decrease from the previous quarter (Q4 2023), and a 204.40% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $4.12B, a 125.90% increase from the previous quarter (Q3 2023), and a 140.77% increase year-over-year (Q4 2022). XP's quarterly revenue for Q3 2023 was $1.82B, a 22.91% increase from the previous quarter (Q2 2023), and a 6.97% increase year-over-year (Q3 2022).

What is XP’s revenue growth rate?

XP's revenue growth rate for the last 3 years (2021-2023) was 143.01%, and for the last 5 years (2019-2023) was 318.74%.