LexinFintech Holdings (LX) Gross Margin (2016 - 2026)
LexinFintech Holdings' Gross Margin came in at 15.55% for Q2 2026, down 19.92 percentage points from 35.48% a year earlier and down 9.67 percentage points from the prior quarter.
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Analysis
LexinFintech Holdings (LX) Gross Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, LexinFintech Holdings reported Gross Margin of 25.41%, down 10.06 percentage points year-over-year; for FY2025, it was 33.98%, down 1.41 percentage points from FY2024.
- Gross Margin carries a five-year change of +2.78 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 35.39% in FY2024 (+0.82 pp), 34.56% in FY2023 (+3.80 pp), 30.76% in FY2022 (-19.76 pp) and 50.52% in FY2021 (+19.32 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q1 2020.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -5.87 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2021 (a gain of 19.73 percentage points), and the weakest in Q2 2022 (a drop of 24.58 percentage points).
- Business Quant data shows LX's Gross Margin at 25.22% (Q1 2026), 25.77% (Q4 2025) and 34.91% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | - |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 47.84% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | - |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | - |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | 87.70% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 88.82% |
| 10 | LexinFintech Holdings | 106.68 Mn | -919.06 Mn | 73.06 Mn | 15.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.55% |
| Mar 31, 2026 | 25.22% |
| 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% |
API Access
LexinFintech Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();