LexinFintech Holdings (LX) Gross Margin (2016 - 2025)
LexinFintech Holdings (LX) posted Gross Margin of 25.77% for Q4 2025, down 26.19% sequentially from 34.91% in Q3 2025, and down 906.0% YoY from 3.2% in Q4 2024.
LexinFintech Holdings (LX) Gross Margin (2016 - 2025) Analysis & Trends
LexinFintech Holdings (LX) has 10 years of Gross Margin data on file, last reported at 25.77% in Q4 2025.
- Quarterly Gross Margin fell 906.0% year-over-year to 25.77% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 33.92% (down 145.0% YoY) and the FY2025 annual result came in at 33.98%, down 141.0% from the prior year.
- Gross Margin slipped to 25.77% in Q4 2025 per LX's latest filing, from 34.91% in the prior quarter.
- The five-year high for Gross Margin was 55.12% in Q4 2021, with the low at 25.77% in Q4 2025.
- Average Gross Margin over 5 years is 36.92%, with a median of 35.19% recorded in 2025.
- Year-over-year, Gross Margin jumped 3983 bps in 2021 and sank 2458 bps in 2022.
- LexinFintech Holdings' Gross Margin stood at 55.12% in 2021, then slumped by 38 bps to 34.21% in 2022, then rose by 5 bps to 35.85% in 2023, then slipped by 3 bps to 34.82% in 2024, then retreated by 26 bps to 25.77% in 2025.
- Business Quant data shows LX's Gross Margin at 25.77% in Q4 2025, 34.91% in Q3 2025, and 35.48% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 92.17% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 93.80% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 78.22% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 84.45% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 94.24% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 97.03% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 71.98% |
| 10 | LexinFintech Holdings | 422,180.00 | -142.05 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% |