LexinFintech Holdings (LX) Cost of Revenue (2016 - 2025)
LexinFintech Holdings' (LX) quarterly Cost of Revenue came in at $35.5 million in Q4 2025, down 26.58% year-on-year from $48.3 million in Q4 2024, and down 6.44% quarter-over-quarter from $37.9 million in Q3 2025.
LexinFintech Holdings (LX) Cost of Revenue (2016 - 2025) Analysis & Trends
LexinFintech Holdings has disclosed Cost of Revenue across 10 years of filings, most recently posting $35.5 million for Q4 2025.
- Cost of Revenue for Q4 2025 came in at $35.5 million, down 26.58% year-over-year; the trailing twelve-month figure through Dec 2025 was $169.0 million (down 7.71% YoY), and the FY2025 annual result was $172.5 million, down 86.5% from the prior year.
- Cost of Revenue came in at $35.5 million for Q4 2025 at LexinFintech Holdings, down from $37.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $95.2 million in Q4 2022 to a low of $32.7 million in Q1 2024.
- The 5-year median for Cost of Revenue is $58.8 million (2024), against an average of $57.9 million.
- Across the five-year window, Cost of Revenue surged 31.19% in 2023 and sank 51.93% in 2024, its largest moves.
- LexinFintech Holdings' Cost of Revenue stood at $72.6 million in 2021, then jumped by 31.15% to $95.2 million in 2022, then sank by 49.09% to $48.5 million in 2023, then dropped by 0.28% to $48.3 million in 2024, then retreated by 26.58% to $35.5 million in 2025.
- The last three Cost of Revenue figures came in at $35.5 million (Q4 2025), $37.9 million (Q3 2025), and $59.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.48 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 1.50 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 518.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 72.85 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 171.12 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 121.00 Mn |
| 10 | LexinFintech Holdings | 98.92 Mn | -43.55 Mn | 112.12 Mn | 35.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 35.48 Mn |
| Dec 31, 2025 | 35.48 Mn |
| Sep 30, 2025 | 37.92 Mn |
| Sep 30, 2025 | 37.92 Mn |
| Jun 30, 2025 | 59.45 Mn |
| Jun 30, 2025 | 59.45 Mn |
| Mar 31, 2025 | 36.11 Mn |
| Mar 31, 2025 | 36.11 Mn |
| Dec 31, 2024 | 48.33 Mn |
| Dec 31, 2024 | 48.33 Mn |
| Sep 30, 2024 | 43.90 Mn |
| Sep 30, 2024 | 43.90 Mn |
| Jun 30, 2024 | 58.20 Mn |
| Jun 30, 2024 | 58.20 Mn |
| Mar 31, 2024 | 32.65 Mn |
| Mar 31, 2024 | 32.65 Mn |
| Dec 31, 2023 | 48.46 Mn |
| Dec 31, 2023 | 48.46 Mn |
| Sep 30, 2023 | 49.30 Mn |
| Sep 30, 2023 | 49.30 Mn |