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

LexinFintech Holdings has reported Operating Margin for 10 years, with the latest figure at 45.15% in Q4 2025.

• Quarterly Operating Margin fell 909.0% year-over-year to 45.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 55.51% (up 114.0% YoY) and the FY2025 annual result came in at 12.11%, down 399.0% from the prior year.
• Operating Margin declined to 45.15% in Q4 2025 per LX's latest filing, from 55.55% in the prior quarter.
• Over five years, Operating Margin peaked at 82.84% in Q4 2021 and troughed at 45.15% in Q4 2025.
• A 5-year average of 59.71% and a median of 56.81% in 2023 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2021 and 2022: Operating Margin jumped 7942 bps in 2021, then slumped 2714 bps in 2022.
• Over 5 years, Operating Margin stood at 82.84% in 2021, then plunged by 33 bps to 55.7% in 2022, then decreased by 1 bps to 55.05% in 2023, then declined by 1 bps to 54.25% in 2024, then decreased by 17 bps to 45.15% in 2025.
• According to Business Quant data, Operating Margin over the past three periods registered 45.15%, 55.55%, and 57.79% for Q4 2025, Q3 2025, and Q2 2025 respectively.