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

X Financial (XYF) has reported Net Margin for 9 consecutive years, with 3.89% the latest figure, recorded in 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 came in at 3.89% for Q4 2025 at X Financial, 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.
• Average Net Margin over 5 years is 23.68%, with a median of 23.85% recorded in 2024.
• Across the five-year window, Net Margin tumbled 7794 bps in 2021 and jumped 1254 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 17.67% in 2021, then jumped by 63 bps to 28.74% in 2022, then slumped by 45 bps to 15.84% in 2023, then soared by 47 bps to 23.36% in 2024, then sank by 83 bps to 3.89% in 2025.
• According to Business Quant data, Net Margin over the past three periods registered 3.89%, 21.48%, and 23.23% for Q4 2025, Q3 2025, and Q2 2025 respectively.