LexinFintech Holdings LX
NASDAQ LX
$0.75 -0.07 (-8.54%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

LexinFintech Holdings' (LX) quarterly Cost of Revenue came in at $71.4 million in Q2 2026, up 20.09% year-over-year from $59.5 million in Q2 2025, and up 41.23% quarter-over-quarter from $50.6 million in Q1 2026.

Analysis

LexinFintech Holdings (LX) Cost of Revenue (2016 - 2026) Analysis & Trends

LexinFintech Holdings has disclosed Cost of Revenue across 11 years of filings, most recently posting $71.4 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 20.09% year-over-year to $71.4 million; the TTM figure through Jun 2026 stood at $195.4 million (up 4.03% YoY), while the FY2025 annual figure was $172.5 million, down 4.6% from the prior year.
  • Cost of Revenue came in at $71.4 million for Q2 2026 at LexinFintech Holdings, up from $50.6 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.
  • Average Cost of Revenue over 5 years is $56.0 million, with a median of $51.2 million recorded in 2022.
  • Year-over-year, Cost of Revenue plunged 51.93% in 2024 and jumped 40.0% in 2026.
  • Over 5 years, Cost of Revenue stood at $95.2 million in 2022, then tumbled 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, then jumped by 101.22% to $71.4 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $71.4 million in Q2 2026, $50.6 million in Q1 2026, and $35.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 61.32 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 218.72 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - -
4 FinVolution 836.54 Mn -90.46 Mn - -
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 62.05 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 4.85 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 8.95 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn 71.40 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 269,558.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 71.40 Mn
Mar 31, 2026 50.55 Mn
Dec 31, 2025 35.48 Mn
Sep 30, 2025 37.92 Mn
Jun 30, 2025 59.45 Mn
Mar 31, 2025 36.11 Mn
Dec 31, 2024 48.33 Mn
Sep 30, 2024 43.90 Mn
Jun 30, 2024 58.20 Mn
Mar 31, 2024 32.65 Mn
Dec 31, 2023 48.46 Mn
Sep 30, 2023 49.30 Mn
Jun 30, 2023 64.18 Mn
Mar 31, 2023 67.92 Mn
Dec 31, 2022 95.19 Mn
Sep 30, 2022 74.60 Mn
Jun 30, 2022 82.32 Mn
Mar 31, 2022 51.77 Mn
Dec 31, 2021 72.58 Mn
Sep 30, 2021 67.82 Mn