X Financial XYF
NYSE XYF
$4.94 +0.06 (+1.23%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

X Financial (XYF) posted Cost of Revenue of $62.0 million for Q2 2026, down 11.82% on a QoQ basis from $70.4 million in Q1 2026, and down 13.52% year-over-year from $71.7 million in Q2 2025.

Analysis

X Financial (XYF) Cost of Revenue (2017 - 2026) Analysis & Trends

X Financial has reported Cost of Revenue for 10 years, with the latest figure at $62.0 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 13.52% year-over-year to $62.0 million in Q2 2026; TTM through Jun 2026 was $278.8 million, a 6.25% increase from a year earlier, with the FY2025 full-year figure at $288.9 million, up 21.34% from the prior year.
  • Cost of Revenue was $62.0 million for Q2 2026 at X Financial, down from $70.4 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 $76.3 million, with a median of $72.8 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 46.32% in 2023, then plunged 43.46% in 2024.
  • Over 5 years, Cost of Revenue stood at $85.4 million in 2022, then climbed by 24.62% to $106.4 million in 2023, then slumped by 43.46% to $60.1 million in 2024, then advanced by 20.17% to $72.3 million in 2025, then slipped by 14.15% to $62.0 million in 2026.
  • The last three Cost of Revenue figures came in at $62.0 million (Q2 2026), $70.4 million (Q1 2026), and $72.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 61.32 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 218.72 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - -
4 FinVolution 836.54 Mn -90.46 Mn - -
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 62.05 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 4.85 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 8.95 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn 71.40 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 269,558.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 62.05 Mn
Mar 31, 2026 70.36 Mn
Dec 31, 2025 72.27 Mn
Sep 30, 2025 74.09 Mn
Jun 30, 2025 71.75 Mn
Mar 31, 2025 65.28 Mn
Dec 31, 2024 60.14 Mn
Sep 30, 2024 65.20 Mn
Jun 30, 2024 57.12 Mn
Mar 31, 2024 59.08 Mn
Dec 31, 2023 106.37 Mn
Sep 30, 2023 111.17 Mn
Jun 30, 2023 92.36 Mn
Mar 31, 2023 92.29 Mn
Dec 31, 2022 85.36 Mn
Sep 30, 2022 75.98 Mn
Jun 30, 2022 79.58 Mn
Mar 31, 2022 73.27 Mn
Dec 31, 2021 60.54 Mn
Sep 30, 2021 75.09 Mn