LexinFintech Holdings (LX) Operating Margin (2016 - 2026)
LexinFintech Holdings' Operating Margin was 34.29% in Q2 2026, down 23.50 percentage points from 57.79% a year earlier and down 13.63 percentage points from the prior quarter.
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Analysis
LexinFintech Holdings (LX) Operating Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, LexinFintech Holdings' Operating Margin was 45.81% through Jun 30, 2026, down 10.29 percentage points year-over-year; for FY2025, it came in at 55.84%, up 1.17 percentage points from FY2024.
- Operating Margin shows a five-year change of +5.75 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 54.68% in FY2024 (-0.06 pp), 54.74% in FY2023 (-3.39 pp), 58.13% in FY2022 (-15.93 pp) and 74.06% in FY2021 (+23.97 pp).
- The Q2 2026 figure marks the lowest quarterly Operating Margin since Q1 2020.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of -5.38 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2021 (a gain of 25.36 percentage points); the worst was Q4 2022 (a drop of 27.14 percentage points).
- Per Business Quant data, LX's Operating Margin in the three quarters before Q2 2026 was 47.92% (Q1 2026), 45.15% (Q4 2025) and 55.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 16.44% |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 6.75% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | -9.30% |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 35.28% |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 19.18% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 10.15% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 15.16% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | -25.50% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 3.18% |
| 10 | LexinFintech Holdings | 106.68 Mn | -919.06 Mn | 73.06 Mn | 34.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.29% |
| Mar 31, 2026 | 47.92% |
| Dec 31, 2025 | 45.15% |
| Sep 30, 2025 | 55.55% |
| Jun 30, 2025 | 57.79% |
| Mar 31, 2025 | 63.30% |
| Dec 31, 2024 | 54.25% |
| Sep 30, 2024 | 51.42% |
| Jun 30, 2024 | 56.78% |
| Mar 31, 2024 | 56.73% |
| Dec 31, 2023 | 55.05% |
| Sep 30, 2023 | 56.89% |
| Jun 30, 2023 | 56.46% |
| Mar 31, 2023 | 52.83% |
| Dec 31, 2022 | 55.70% |
| Sep 30, 2022 | 58.24% |
| Jun 30, 2022 | 57.13% |
| Mar 31, 2022 | 63.70% |
| Dec 31, 2021 | 82.84% |
| Sep 30, 2021 | 75.08% |
API Access
LexinFintech Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=LX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();