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Xero Ltd

Common Name
Xero
Country
New Zealand
Sector
Technology
Industry
Software - Application
Employees
4,615
Ticker
XRO
Exchange
ASX
Description
Xero Limited is a leading provider of cloud-based business management software, specializing in online accounting and financial solutions for small businesses and their advisors. Headquartered in Well...

Xero's Financial Statements Preview

Below are the financial statements of Xero, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of NZD
2024
2023
Subscription revenue
1,630.76a
1,326.28a
Other operating revenue
83.01a
73.61a
Total operating revenue
1,713.77a
1,399.88a
Cost of revenue
-202.51a
-177.94a
Gross profit
1,511.26a
1,221.94a
Operating expenses
Sales and marketing
-541.24a
-471.83a
Product design and development
-526.18a
-490.05a
General and administration
-185.12a
-168.08a
Restructuring costs
-3.01a
-34.69a
Total operating expenses
-1,255.55a
-1,164.65a
Operating income
255.71a
57.29a
Other income
14.67a
18.13a
Other expenses
-6.35a
-12.54a
Asset impairments and disposals
-26.41a
-122.68a
Reversal of asset impairments
1.93a
0a
Earnings before interest and tax
239.56a
-59.8a
Finance income
67.48a
29.12a
Finance expense
-45.13a
-45a
Net profit/(loss) before tax
261.91a
-75.68a
Income tax expense
-87.27a
-37.86a
Net profit/(loss) after tax
174.64a
-113.53a
Limited Data Preview
You are viewing a limited preview of Xero’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Xero’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Xero’s data sources below and access millions more through our Disclosure Search.

a. Xero's Annual Report 2024
Real-Time & Standardized Financials

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