LexinFintech Holdings Ltd. income statement LX
In fiscal 2025, which ended Dec 31, 2025, LexinFintech Holdings Ltd. reported revenue of $1.9 billion, down 3.3% from the year before. Net income was $239.8 million, a profit margin of 12.8%. Across the 9 fiscal years shown, revenue grew from $858.0 million in fiscal 2017 to $1.9 billion in fiscal 2025, about 10.3% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1,881
-3.3%
|
1,946
+5.8%
|
1,839
+28.6%
|
1,430
-19.9%
|
1,786
+0.1%
|
1,785
+17.2%
|
1,523
+37.8%
|
1,105
+28.8%
|
858
|
| Cost of revenue |
1,242
-1.2%
|
1,257
+4.5%
|
1,203
+21.5%
|
990
+12.1%
|
884
-28.0%
|
1,228
+52.4%
|
806
+20.8%
|
667
+1.8%
|
655
|
| Gross profit |
639
-7.2%
|
689
+8.3%
|
636
+44.5%
|
440
-51.2%
|
902
+62.0%
|
557
-22.4%
|
717
+63.8%
|
438
+115.9%
|
203
|
| Research and development |
85
+7.5%
|
79
+9.6%
|
72
-14.5%
|
85
-1.9%
|
86
+18.6%
|
73
+21.6%
|
60
+28.3%
|
47
+28.8%
|
36
|
| Selling, general and administrative |
326
+10.1%
|
296
-0.8%
|
299
-2.7%
|
307
-8.2%
|
334
+26.4%
|
264
-5.6%
|
280
+121.5%
|
127
+35.1%
|
94
|
| Pretax income |
297
+60.0%
|
185
-0.8%
|
187
+25.3%
|
149
-65.7%
|
435
+313.6%
|
105
-73.0%
|
389
+26.7%
|
307
+320.6%
|
73
|
| Income tax |
57
+64.2%
|
35
-5.6%
|
37
+25.0%
|
29
-57.0%
|
68
+391.9%
|
14
-76.5%
|
59
+207.7%
|
19
-46.6%
|
36
|
| Net income |
240
+59.1%
|
151
+0.4%
|
150
+25.4%
|
120
-67.3%
|
366
+301.7%
|
91
-72.3%
|
330
+14.6%
|
288
+678.5%
|
37
|
| Weighted average shares, basic |
339
+2.3%
|
331
+0.9%
|
329
-5.6%
|
348
-5.5%
|
368
+1.0%
|
365
+2.6%
|
356
+5.3%
|
338
+197.4%
|
114
|
| Weighted average shares, diluted |
355
+4.7%
|
339
-5.7%
|
360
-8.4%
|
393
-5.4%
|
415
+0.9%
|
411
+9.4%
|
376
+3.6%
|
363
+157.5%
|
141
|
| Other measures | |||||||||
| Depreciation and amortization |
15
+0.0%
|
15
+1.5%
|
15
+7.9%
|
14
-3.3%
|
14
+73.9%
|
8
+42.7%
|
6
+29.8%
|
4
+52.5%
|
3
|
| Margins | |||||||||
| Gross margin |
33.98%
|
35.39%
|
34.56%
|
30.76%
|
50.52%
|
31.20%
|
47.10%
|
39.65%
|
23.65%
|
| Pretax margin |
15.78%
|
9.53%
|
10.16%
|
10.43%
|
24.34%
|
5.89%
|
25.52%
|
27.77%
|
8.50%
|
| Profit margin |
12.75%
|
7.75%
|
8.16%
|
8.37%
|
20.51%
|
5.11%
|
21.64%
|
26.03%
|
4.31%
|
| Effective tax rate |
19.20%
|
18.71%
|
19.66%
|
19.70%
|
15.72%
|
13.22%
|
15.22%
|
6.27%
|
49.35%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
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Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- LX (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Shenzhen
- SEC filer status
- Accelerated filer
- SEC CIK
- 1708259
Other Finance Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.