X Financial (XYF) Net Margin (2017 - 2025)

X Financial's Net Margin history runs 9 years deep, the most recent figure standing at 1.05% for Q4 2025.

• In Q4 2025, Net Margin fell 3943.0% year-over-year to 1.05%; the TTM figure through Dec 2025 stood at 26.43% (down 1264.0% YoY), while the FY2025 annual figure was 18.58%, down 678.0% from the prior year.
• Net Margin was 1.05% for Q4 2025 at X Financial, down from 29.27% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 56.62% in Q3 2021 to a low of 1.05% in Q4 2025.
• Historically, Net Margin has averaged 37.44% across 5 years, with a median of 37.0% in 2022.
• The sharpest annual moves came in 2021 and 2025: Net Margin surged 13977 bps in 2021, then sank 3943 bps in 2025.
• A 5-year view of Net Margin shows it stood at 56.56% in 2021, then slumped by 35 bps to 36.51% in 2022, then plunged by 33 bps to 24.62% in 2023, then soared by 64 bps to 40.48% in 2024, then tumbled by 97 bps to 1.05% in 2025.
• The last three Net Margin figures came in at 1.05% (Q4 2025), 29.27% (Q3 2025), and 33.84% (Q2 2025), per Business Quant data.