LexinFintech Holdings (LX) Cost of Revenue (2016 - 2026)

LexinFintech Holdings has reported Cost of Revenue for 10 years, with the latest figure at $35.5 million in Q4 2025.

• Quarterly Cost of Revenue fell 26.58% year-over-year to $35.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $169.0 million (down 7.71% YoY) and the FY2025 annual result came in at $172.5 million, down 4.6% from the prior year.
• Cost of Revenue eased to $35.5 million in Q4 2025 per LX's latest filing, from $37.9 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $95.2 million in Q4 2022 and troughed at $32.7 million in Q1 2024.
• A 5-year average of $57.9 million and a median of $58.8 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 31.19% in 2023, then sank 51.93% in 2024.
• Over 5 years, Cost of Revenue stood at $72.6 million in 2021, then soared by 31.15% to $95.2 million in 2022, then sank by 49.09% to $48.5 million in 2023, then fell by 0.28% to $48.3 million in 2024, then slipped by 26.58% to $35.5 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $35.5 million, $37.9 million, and $59.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.