X Financial (XYF) Cost of Revenue (2017 - 2026)

X Financial's Cost of Revenue history runs 9 years deep, the most recent figure standing at $72.3 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 20.17% year-over-year to $72.3 million; the TTM figure through Dec 2025 stood at $283.4 million (up 17.33% YoY), while the FY2025 annual figure was $288.9 million, up 21.34% from the prior year.
• Cost of Revenue for Q4 2025 stood at $72.3 million, down from $74.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $111.2 million in Q3 2023, with the low at $57.1 million in Q2 2024.
• The 5-year median for Cost of Revenue is $74.6 million (2021), against an average of $77.2 million.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 46.32% in 2023, then plunged 43.46% in 2024.
• X Financial's Cost of Revenue stood at $60.5 million in 2021, then soared by 40.99% to $85.4 million in 2022, then gained by 24.62% to $106.4 million in 2023, then slumped by 43.46% to $60.1 million in 2024, then rose by 20.17% to $72.3 million in 2025.
• Business Quant data shows XYF's Cost of Revenue at $72.3 million in Q4 2025, $74.1 million in Q3 2025, and $71.7 million in Q2 2025.