X Financial (XYF) Net Margin (2017 - 2026)
X Financial (XYF) posted Net Margin of 3.55% for Q2 2026, down 19.56 percentage points from 23.11% a year earlier but up 1.40 percentage points from the prior quarter.
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Analysis
X Financial (XYF) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at X Financial was 9.26%, down 14.01 percentage points year-over-year; for FY2025, it was 18.94%, down 7.48 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -42.82 percentage points (FY2020 to FY2025).
- In prior years, X Financial's Net Margin was 26.42% in FY2024 (+1.65 pp), 24.77% in FY2023 (+0.37 pp), 24.40% in FY2022 (+5.64 pp) and 18.76% in FY2021 (-43.01 pp).
- Quarterly Net Margin has run from a low of 2.14% in Q1 2026 to a high of 32.24% in Q2 2023 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last six quarters, with an average year-over-year change of -8.80 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2023, with a gain of 12.14 percentage points; the weakest was Q4 2021, with a drop of 79.19 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 2.14% (Q1 2026), 3.53% (Q4 2025) and 21.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.38 Bn | 8.60 Bn | - | 12.72% |
| 2 | Block | 47.16 Bn | 18.46 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 44.38 Bn | 1.19 Bn | - | -29.46% |
| 4 | Corpay | 27.22 Bn | 17.10 Bn | - | 18.55% |
| 5 | Fiserv | 26.96 Bn | 23.64 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 23.09 Bn | 884.97 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 15.87 Bn | 12.43 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 12.44 Bn | 9.82 Bn | 40.81 Mn | -179.60% |
| 9 | Jack Henry & Associates | 11.62 Bn | 11.52 Bn | 273.85 Mn | 17.27% |
| 10 | X Financial | 197.62 Mn | -1.29 Bn | 84.09 Mn | 3.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.55% |
| Mar 31, 2026 | 2.14% |
| Dec 31, 2025 | 3.53% |
| Sep 30, 2025 | 21.07% |
| Jun 30, 2025 | 23.11% |
| Mar 31, 2025 | 23.59% |
| Dec 31, 2024 | 23.36% |
| Sep 30, 2024 | 23.01% |
| Jun 30, 2024 | 30.71% |
| Mar 31, 2024 | 30.35% |
| Dec 31, 2023 | 15.19% |
| Sep 30, 2023 | 24.40% |
| Jun 30, 2023 | 31.07% |
| Mar 31, 2023 | 27.57% |
| Dec 31, 2022 | 27.39% |
| Sep 30, 2022 | 24.61% |
| Jun 30, 2022 | 22.88% |
| Mar 31, 2022 | 15.43% |
| Dec 31, 2021 | 16.43% |
| Sep 30, 2021 | 29.23% |
API Access
X Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=XYF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "XYF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=XYF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();