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

LexinFintech Holdings (LX) Research & Development (2016 - 2026)

LexinFintech Holdings' (LX) quarterly Research & Development came in at -$21.6 million in Q2 2026, up 1.79% year-over-year from -$21.2 million in Q2 2025, and down 0.56% quarter-over-quarter from -$21.5 million in Q1 2026.

Analysis

LexinFintech Holdings (LX) Research & Development (2016 - 2026) Analysis & Trends

LexinFintech Holdings has disclosed Research & Development across 11 years of filings, most recently posting -$21.6 million for Q2 2026.

  • In Q2 2026, Research & Development rose 1.79% year-over-year to -$21.6 million; the TTM figure through Jun 2026 stood at -$83.1 million (up 2.71% YoY), while the FY2025 annual figure was -$85.1 million, down 7.46% from the prior year.
  • Research & Development came in at -$21.6 million for Q2 2026 at LexinFintech Holdings, down from -$21.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$16.7 million in Q2 2023 to a low of -$24.1 million in Q1 2022.
  • Average Research & Development over 5 years is -$20.3 million, with a median of -$20.2 million recorded in 2022.
  • Year-over-year, Research & Development retreated 26.9% in 2022 and rose 27.47% in 2023.
  • Over 5 years, Research & Development stood at -$19.7 million in 2022, then rose by 2.74% to -$19.1 million in 2023, then decreased by 8.19% to -$20.7 million in 2024, then climbed by 8.84% to -$18.9 million in 2025, then slipped by 14.57% to -$21.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$21.6 million in Q2 2026, -$21.5 million in Q1 2026, and -$18.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 114.51 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 17.35 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - 58.49 Mn
4 FinVolution 836.54 Mn -90.46 Mn - -17.53 Mn
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn -
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 2.92 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 8.68 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -21.62 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -13.89 Mn
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 1.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -21.62 Mn
Mar 31, 2026 -21.50 Mn
Dec 31, 2025 -18.87 Mn
Sep 30, 2025 -21.08 Mn
Jun 30, 2025 -22.01 Mn
Mar 31, 2025 -21.45 Mn
Dec 31, 2024 -20.70 Mn
Sep 30, 2024 -21.22 Mn
Jun 30, 2024 -19.71 Mn
Mar 31, 2024 -18.70 Mn
Dec 31, 2023 -19.13 Mn
Sep 30, 2023 -17.35 Mn
Jun 30, 2023 -16.73 Mn
Mar 31, 2023 -18.86 Mn
Dec 31, 2022 -19.67 Mn
Sep 30, 2022 -19.76 Mn
Jun 30, 2022 -23.07 Mn
Mar 31, 2022 -24.06 Mn
Dec 31, 2021 -25.68 Mn
Sep 30, 2021 -20.33 Mn