LexinFintech Holdings (LX) Operating Expenses (2016 - 2025)

LexinFintech Holdings' (LX) quarterly Operating Expenses came in at -$84.4 million in Q4 2025, up 13.34% year-on-year from -$74.4 million in Q4 2024, and up 16.09% quarter-over-quarter from -$100.5 million in Q3 2025.

LexinFintech Holdings (LX) Operating Expenses (2016 - 2025) Analysis & Trends

LexinFintech Holdings has disclosed Operating Expenses across 10 years of filings, most recently posting -$84.4 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at -$84.4 million, up 13.34% year-over-year; the trailing twelve-month figure through Dec 2025 was -$402.8 million (down 5.85% YoY), and the FY2025 annual result was $411.3 million, up 9.56% from the prior year.
  • Operating Expenses came in at -$84.4 million for Q4 2025 at LexinFintech Holdings, up from -$100.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$84.4 million in Q4 2025 to a low of -$115.6 million in Q2 2021.
  • The 5-year median for Operating Expenses is -$96.7 million (2023), against an average of -$98.4 million.
  • Across the five-year window, Operating Expenses slumped 235.39% in 2021 and gained 16.82% in 2023, its largest moves.
  • LexinFintech Holdings' Operating Expenses stood at -$95.6 million in 2021, then climbed by 0.61% to -$95.1 million in 2022, then climbed by 0.19% to -$94.9 million in 2023, then retreated by 2.61% to -$97.4 million in 2024, then advanced by 13.34% to -$84.4 million in 2025.
  • The last three Operating Expenses figures came in at -$84.4 million (Q4 2025), -$100.5 million (Q3 2025), and -$114.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 LexinFintech Holdings 98.92 Mn -43.55 Mn 112.12 Mn -84.37 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -84.37 Mn
Sep 30, 2025 -100.55 Mn
Jun 30, 2025 -114.57 Mn
Mar 31, 2025 -103.29 Mn
Dec 31, 2024 -97.36 Mn
Sep 30, 2024 -96.31 Mn
Jun 30, 2024 -97.85 Mn
Mar 31, 2024 -88.97 Mn
Dec 31, 2023 -94.89 Mn
Sep 30, 2023 -85.36 Mn
Jun 30, 2023 -92.53 Mn
Mar 31, 2023 -97.06 Mn
Dec 31, 2022 -95.07 Mn
Sep 30, 2022 -94.12 Mn
Jun 30, 2022 -111.24 Mn
Mar 31, 2022 -99.37 Mn
Dec 31, 2021 -95.65 Mn
Sep 30, 2021 -112.11 Mn
Jun 30, 2021 -115.56 Mn
Mar 31, 2021 -91.70 Mn