LexinFintech Holdings (LX) Research & Development (2016 - 2025)
LexinFintech Holdings' (LX) quarterly Research & Development came in at -$18.9 million in Q4 2025, up 8.84% year-on-year from -$17.3 million in Q4 2024, and up 10.49% quarter-over-quarter from -$21.1 million in Q3 2025.
LexinFintech Holdings (LX) Research & Development (2016 - 2025) Analysis & Trends
LexinFintech Holdings has disclosed Research & Development across 10 years of filings, most recently posting -$18.9 million for Q4 2025.
- Research & Development for Q4 2025 came in at -$18.9 million, up 8.84% year-over-year; the trailing twelve-month figure through Dec 2025 was -$83.4 million (down 3.83% YoY), and the FY2025 annual result was $85.1 million, up 7.46% from the prior year.
- Research & Development came in at -$18.9 million for Q4 2025 at LexinFintech Holdings, up from -$21.1 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 -$25.7 million in Q4 2021.
- The 5-year median for Research & Development is -$20.0 million (2021), against an average of -$20.4 million.
- Across the five-year window, Research & Development plunged 206.36% in 2021 and increased 27.47% in 2023, its largest moves.
- LexinFintech Holdings' Research & Development stood at -$25.7 million in 2021, then gained by 23.4% to -$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.
- The last three Research & Development figures came in at -$18.9 million (Q4 2025), -$21.1 million (Q3 2025), and -$22.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 260.00 Mn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.59 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 496.00 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 793.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 262.00 Mn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 187.68 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | - |
| 10 | LexinFintech Holdings | 98.92 Mn | -43.55 Mn | 112.12 Mn | -18.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -20.20 Mn |
| Mar 31, 2021 | -18.96 Mn |