X Financial (XYF) Gross Margin (2017 - 2026)

X Financial has reported Gross Margin for 10 years, with the latest figure at 57.43% in Q2 2026.

• On a quarterly basis, Gross Margin fell 1996.0% year-over-year to 57.43% in Q2 2026; TTM through Jun 2026 was 65.03%, a 984.0% decrease from a year earlier, with the FY2025 full-year figure at 71.57%, up 6.0% from the prior year.
• Gross Margin was 57.43% for Q2 2026 at X Financial, down from 58.49% in the prior quarter.
• The five-year high for Gross Margin was 77.39% in Q2 2025, with the low at 35.89% in Q2 2022.
• Average Gross Margin over 5 years is 59.22%, with a median of 63.98% recorded in 2023.
• The sharpest annual moves came in 2023 and 2026: Gross Margin soared 3807 bps in 2023, then tumbled 1996 bps in 2026.
• Over 5 years, Gross Margin stood at 38.39% in 2022, then fell by 4 bps to 36.68% in 2023, then surged by 103 bps to 74.31% in 2024, then decreased by 12 bps to 65.57% in 2025, then retreated by 12 bps to 57.43% in 2026.
• The last three Gross Margin figures came in at 57.43% (Q2 2026), 58.49% (Q1 2026), and 65.57% (Q4 2025), per Business Quant data.