XP posts 1Q26 adjusted net income up 7% to R$ 1.32 billion; revenue rises 8% to R$ 4.92 billion

• XP posted 1Q26 gross revenue of R$ 4.92 billion, up 8% year over year, while EBT rose 8% to R$ 1.42 billion.
• Adjusted net income increased 7% to R$ 1.32 billion, while adjusted diluted EPS climbed 9% to R$ 2.49.
• Total client assets grew 15% from a year earlier to R$ 1.53 trillion, while total net inflow fell 39% to R$ 14 billion.
• Retail daily average trades jumped 23% to 2.7 million, while annualized retail take rate slipped 7 basis points to 1.18%.
• Cards TPV rose 10% to R$ 13.3 billion, while the expanded loan portfolio increased 16% to R$ 74.3 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XP Inc. published the original content used to generate this news brief on May 17, 2026, and is solely responsible for the information contained therein.