XP XP (XP) Q1 FY26 earnings call
XP Inc. navigated a volatile Q1 FY26, delivering 8% year-over-year revenue growth and 7% adjusted net income growth, despite market headwinds from widened credit spreads and global volatility. The company reaffirmed its expectation for double-digit growth for the full year, driven by diversified revenue streams and strong execution in retail and corporate segments. Management also announced significant capital returns through a new BRL 1 billion buyback program and BRL 500 million in dividends, while maintaining a comfortable capital position.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
XP operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Active accounts | 4.8MWe ended the period with 18,300 advisers, up 1% year-over-year, while our active client base totaled BRL 4.8 million, a 2% year-over-year increase.Source: earnings call transcript | 4.8MWe ended the period with 18,400 advisers, up 1% year-over-year, while our active client base totaled 4.8 million, a 1% increase year-over-year.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.