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

X Financial's Net Margin history runs 9 years deep, the most recent figure standing at 3.89% for Q4 2025.

• In Q4 2025, Net Margin fell 1946.0% year-over-year to 3.89%; the TTM figure through Dec 2025 stood at 19.09% (down 751.0% YoY), while the FY2025 annual figure was 19.17%, down 725.0% from the prior year.
• Net Margin for Q4 2025 stood at 3.89%, down from 21.48% in the prior quarter.
• The five-year high for Net Margin was 32.24% in Q2 2023, with the low at 3.89% in Q4 2025.
• The 5-year median for Net Margin is 23.85% (2024), against an average of 23.68%.
• The sharpest annual moves came in 2021 and 2023: Net Margin sank 7794 bps in 2021, then soared 1254 bps in 2023.
• X Financial's Net Margin stood at 17.67% in 2021, then soared by 63 bps to 28.74% in 2022, then plunged by 45 bps to 15.84% in 2023, then surged by 47 bps to 23.36% in 2024, then tumbled by 83 bps to 3.89% in 2025.
• Business Quant data shows XYF's Net Margin at 3.89% in Q4 2025, 21.48% in Q3 2025, and 23.23% in Q2 2025.