XP Inc. 2Q net revenue R$4.88B, estimate R$4.86B

XP Inc. (NASDAQ:XP) reported second-quarter net revenue of R$4.88 billion, slightly exceeding the estimated R$4.86 billion. The results reflect the company’s ongoing efforts to expand its digital financial services platform in Brazil and beyond. As of the first quarter of 2026, XP Inc. reported R$1,529 billion in client assets and 18,000+ total advisors, underscoring its position as a major player in the financial services sector. Despite the revenue beat, the company’s shares have faced volatility in recent months, including a nearly 5% decline following first-quarter results that missed analyst estimates for revenue and earnings per share. Investors remain closely monitoring XP’s performance amid broader market uncertainties and evolving regulatory environments. The company’s latest earnings reflect continued growth in gross revenue, with R$19.8 billion in trailing twelve-month revenue as of 1Q26. Financial analysts will likely assess how XP Inc. navigates macroeconomic challenges while maintaining its expansion strategy.