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

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

LexinFintech Holdings' (LX) quarterly Operating Expenses came in at -$88.6 million in Q2 2026, up 22.69% year-over-year from -$72.2 million in Q2 2025, and up 19.37% quarter-over-quarter from -$109.9 million in Q1 2026.

Analysis

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

LexinFintech Holdings has disclosed Operating Expenses across 11 years of filings, most recently posting -$88.6 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 22.69% year-over-year to -$88.6 million; the TTM figure through Jun 2026 stood at -$383.3 million (up 6.85% YoY), while the FY2025 annual figure was -$411.3 million, down 9.56% from the prior year.
  • Operating Expenses came in at -$88.6 million for Q2 2026 at LexinFintech Holdings, up from -$109.9 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 -$114.6 million in Q2 2025.
  • Average Operating Expenses over 5 years is -$97.3 million, with a median of -$96.7 million recorded in 2023.
  • Year-over-year, Operating Expenses decreased 17.08% in 2025 and climbed 22.69% in 2026.
  • Over 5 years, Operating Expenses stood at -$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, then declined by 4.99% to -$88.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$88.6 million in Q2 2026, -$109.9 million in Q1 2026, and -$84.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 350.07 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 281.24 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - 354.54 Mn
4 FinVolution 836.54 Mn -90.46 Mn - -423.57 Mn
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 117.70 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 16.27 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 26.46 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -88.58 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -144.96 Mn
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 37.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -88.58 Mn
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