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

LexinFintech Holdings (LX) Gross Margin (2016 - 2026)

LexinFintech Holdings' (LX) quarterly Gross Margin came in at 15.55% in Q2 2026, down 1992.0% year-over-year from 0.82% in Q2 2025, and down 38.33% quarter-over-quarter from 25.22% in Q1 2026.

Analysis

LexinFintech Holdings (LX) Gross Margin (2016 - 2026) Analysis & Trends

LexinFintech Holdings has disclosed Gross Margin across 11 years of filings, most recently posting 15.55% for Q2 2026.

  • In Q2 2026, Gross Margin fell 1992.0% year-over-year to 15.55%; the TTM figure through Jun 2026 stood at 25.41% (down 1006.0% YoY), while the FY2025 annual figure was 33.98%, down 141.0% from the prior year.
  • Gross Margin came in at 15.55% for Q2 2026 at LexinFintech Holdings, down from 25.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 39.27% in Q1 2025 to a low of 15.55% in Q2 2026.
  • Average Gross Margin over 5 years is 32.0%, with a median of 33.78% recorded in 2022.
  • Year-over-year, Gross Margin slumped 2458 bps in 2022 and jumped 663 bps in 2024.
  • Over 5 years, Gross Margin stood at 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, then tumbled by 40 bps to 15.55% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 15.55% in Q2 2026, 25.22% in Q1 2026, and 25.77% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 83.19%
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 43.49%
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 57.43%
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 76.31%
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 73.54%
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn 15.55%
9 Jiayin 76.25 Mn 2.23 Mn - -
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 97.79%
Historic Data

Historic Data

Download Data
DateValue
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%