LexinFintech Holdings LX
NASDAQ LX
$1.18 +0.03 (+2.61%)
At close: Aug 28, 2026 · 4:00 PM EDT

LexinFintech Holdings (LX) Operating Expenses (2016 - 2026)

LexinFintech Holdings (LX) posted Operating Expenses of -$84.4 million for Q4 2025, up 16.09% sequentially from -$100.5 million in Q3 2025, and up 13.34% YoY from -$74.4 million in Q4 2024.

Analysis

LexinFintech Holdings (LX) Operating Expenses (2016 - 2026) Analysis & Trends

LexinFintech Holdings has reported Operating Expenses for 10 years, with the latest figure at -$84.4 million in Q4 2025.

  • Quarterly Operating Expenses rose 13.34% year-over-year to -$84.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$402.8 million (down 5.85% YoY) and the FY2025 annual result came in at $411.3 million, up 9.56% from the prior year.
  • Operating Expenses improved to -$84.4 million in Q4 2025 per LX's latest filing, from -$100.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$84.4 million in Q4 2025 and troughed at -$115.6 million in Q2 2021.
  • A 5-year average of -$98.4 million and a median of -$96.7 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2023: Operating Expenses slumped 235.39% in 2021, then climbed 16.82% in 2023.
  • Over 5 years, Operating Expenses stood at -$95.6 million in 2021, then increased by 0.61% to -$95.1 million in 2022, then increased by 0.19% to -$94.9 million in 2023, then slipped by 2.61% to -$97.4 million in 2024, then grew by 13.34% to -$84.4 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$84.4 million, -$100.5 million, and -$114.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 4.76 Bn
2 Mastercard 518.33 Bn 504.84 Bn - 3.69 Bn
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 132.31 Bn 77.60 Bn - 9.04 Bn
5 PayPal Holdings 46.25 Bn 35.00 Bn - 7.26 Bn
6 Affirm Holdings 26.22 Bn 24.59 Bn - 1.02 Bn
7 Synchrony Financial 25.37 Bn 9.17 Bn - 1.33 Bn
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 1.00 Bn
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 1.32 Bn
10 LexinFintech Holdings 395.30 Mn -55.80 Mn 121.00 Mn -109.85 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -109.85 Mn
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