LexinFintech Holdings (LX) Net Margin (2016 - 2026)
LexinFintech Holdings' (LX) quarterly Net Margin came in at 3.18% in Q2 2026, down 1108.0% year-over-year from 0.32% in Q2 2025, and down 47.78% quarter-over-quarter from 6.09% in Q1 2026.
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LexinFintech Holdings (LX) Net Margin (2016 - 2026) Analysis & Trends
LexinFintech Holdings has disclosed Net Margin across 11 years of filings, most recently posting 3.18% for Q2 2026.
- In Q2 2026, Net Margin fell 1108.0% year-over-year to 3.18%; the TTM figure through Jun 2026 stood at 7.94% (down 357.0% YoY), while the FY2025 annual figure was 12.75%, up 500.0% from the prior year.
- Net Margin came in at 3.18% for Q2 2026 at LexinFintech Holdings, down from 6.09% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 15.25% in Q3 2025 to a low of 0.34% in Q4 2023.
- Average Net Margin over 5 years is 8.9%, with a median of 9.17% recorded in 2024.
- Year-over-year, Net Margin sank 1961 bps in 2022 and soared 957 bps in 2024.
- Over 5 years, Net Margin stood at 9.88% in 2022, then slumped by 97 bps to 0.34% in 2023, then surged by 2774 bps to 9.91% in 2024, then fell by 29 bps to 7.03% in 2025, then plunged by 55 bps to 3.18% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.18% in Q2 2026, 6.09% in Q1 2026, and 7.03% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 4.53% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 10.94% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 11.38% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | 19.31% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 4.73% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -2.24% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | -18.94% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 3.18% |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -34.35% |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | -102.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.18% |
| Mar 31, 2026 | 6.09% |
| Dec 31, 2025 | 7.03% |
| Sep 30, 2025 | 15.25% |
| Jun 30, 2025 | 14.26% |
| Mar 31, 2025 | 13.86% |
| Dec 31, 2024 | 9.91% |
| Sep 30, 2024 | 8.45% |
| Jun 30, 2024 | 6.22% |
| Mar 31, 2024 | 6.22% |
| Dec 31, 2023 | 0.34% |
| Sep 30, 2023 | 10.56% |
| Jun 30, 2023 | 11.64% |
| Mar 31, 2023 | 10.98% |
| Dec 31, 2022 | 9.88% |
| Sep 30, 2022 | 14.95% |
| Jun 30, 2022 | 6.83% |
| Mar 31, 2022 | 4.56% |
| Dec 31, 2021 | 11.64% |
| Sep 30, 2021 | 19.55% |