X Financial (XYF) Cost of Revenue (2017 - 2025)

X Financial (XYF) has reported Cost of Revenue for 9 consecutive years, with $72.3 million the latest figure, recorded in 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 came in at $72.3 million for Q4 2025 at X Financial, 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.
• Average Cost of Revenue over 5 years is $77.2 million, with a median of $74.6 million recorded in 2021.
• Across the five-year window, Cost of Revenue soared 46.32% in 2023 and slumped 43.46% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $60.5 million in 2021, then jumped by 40.99% to $85.4 million in 2022, then increased by 24.62% to $106.4 million in 2023, then plunged by 43.46% to $60.1 million in 2024, then grew by 20.17% to $72.3 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $72.3 million, $74.1 million, and $71.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.