LexinFintech Holdings (LX) Gross Margin (2016 - 2025)
LexinFintech Holdings' (LX) quarterly Gross Margin came in at 25.77% in Q4 2025, down 906.0% year-on-year from 3.2% in Q4 2024, and down 26.19% quarter-over-quarter from 34.91% in Q3 2025.
LexinFintech Holdings (LX) Gross Margin (2016 - 2025) Analysis & Trends
LexinFintech Holdings has disclosed Gross Margin across 10 years of filings, most recently posting 25.77% for Q4 2025.
- Gross Margin for Q4 2025 came in at 25.77%, down 906.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 33.92% (down 145.0% YoY), and the FY2025 annual result was 33.98%, down 141.0% from the prior year.
- Gross Margin came in at 25.77% for Q4 2025 at LexinFintech Holdings, down from 34.91% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 55.12% in Q4 2021 to a low of 25.77% in Q4 2025.
- The 5-year median for Gross Margin is 35.19% (2025), against an average of 36.92%.
- Across the five-year window, Gross Margin soared 3983 bps in 2021 and tumbled 2458 bps in 2022, its largest moves.
- LexinFintech Holdings' Gross Margin stood at 55.12% in 2021, then sank by 38 bps to 34.21% in 2022, then climbed by 5 bps to 35.85% in 2023, then fell by 3 bps to 34.82% in 2024, then dropped by 26 bps to 25.77% in 2025.
- The last three Gross Margin figures came in at 25.77% (Q4 2025), 34.91% (Q3 2025), and 35.48% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 92.17% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 93.80% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 78.22% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 94.24% |
| 10 | LexinFintech Holdings | 98.92 Mn | -43.55 Mn | 112.12 Mn | 25.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 25.77% |
| Sep 30, 2025 | 34.91% |
| Jun 30, 2025 | 35.48% |
| Mar 31, 2025 | 39.27% |
| Dec 31, 2024 | 34.82% |
| Sep 30, 2024 | 32.97% |
| Jun 30, 2024 | 37.03% |
| Mar 31, 2024 | 36.91% |
| Dec 31, 2023 | 35.85% |
| Sep 30, 2023 | 38.65% |
| Jun 30, 2023 | 32.57% |
| Mar 31, 2023 | 30.28% |
| Dec 31, 2022 | 34.21% |
| Sep 30, 2022 | 33.35% |
| Jun 30, 2022 | 26.25% |
| Mar 31, 2022 | 26.91% |
| Dec 31, 2021 | 55.12% |
| Sep 30, 2021 | 50.75% |
| Jun 30, 2021 | 50.83% |
| Mar 31, 2021 | 46.51% |