XP Inc. Q1 2026 Financial Results - Net Income of R$1.3 Billion

XP Inc. filed its Form 6-K containing unaudited interim condensed consolidated financial statements for Q1 2026 ended March 31, 2026. The company reported strong financial performance with net income of R$1.32 billion, up from R$1.24 billion in Q1 2025. Total revenue and income reached R$4.67 billion, driven by R$3.91 billion from financial instruments at fair value through profit or loss. Assets grew to R$414.3 billion from R$396.5 billion at year-end 2025, while equity increased to R$24.7 billion. The filing includes a review report from PricewaterhouseCoopers confirming compliance with IAS 34. Key operational highlights include ongoing share buy-back programs, corporate reorganizations, and minority stake acquisitions in Independent Financial Advisers (IFAs). The company maintains a single operating segment structure and continues its technology-driven financial services platform operations in Brazil and the US.