XP posts FY26 Q1 net income up 7% to R$ 1.32 billion; revenue rises 8% to R$ 4.92 billion

• XP Inc. posted 1Q26 net income of R$ 1.32 billion, up 7% from a year earlier, as gross revenue rose 8% to R$ 4.92 billion.
• Earnings before taxes increased 8% year over year to R$ 1.42 billion, while the EBT margin edged up 0.1 percentage point to 30%.
• Total client assets climbed 15% from a year earlier to R$ 1.53 trillion, while net inflow fell 39% to R$ 14 billion.
• Retail daily average trades jumped 23% from a year earlier to 2.7 million, while the annualized retail take rate narrowed 0.07 percentage point to 1.18%.
• Capital ratio strengthened 1.69 percentage points to 20.7%; the group executed about R$ 200 million of share repurchases, launched a new R$ 1 billion buyback, and announced R$ 500 million of dividends payable June 18, 2026.

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 18, 2026, and is solely responsible for the information contained therein.