X Financial (XYF) Operating Expenses (2017 - 2025)

X Financial's Operating Expenses history runs 9 years deep, the most recent figure standing at $207.0 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 27.68% year-over-year to $207.0 million; the TTM figure through Dec 2025 stood at $842.8 million (up 51.73% YoY), while the FY2025 annual figure was $859.3 million, up 56.89% from the prior year.
• Operating Expenses for Q4 2025 stood at $207.0 million, down from $224.6 million in the prior quarter.
• The five-year high for Operating Expenses was $224.6 million in Q3 2025, with the low at $80.3 million in Q4 2021.
• The 5-year median for Operating Expenses is $111.1 million (2023), against an average of $129.8 million.
• The sharpest annual moves came in 2021 and 2025: Operating Expenses sank 66.7% in 2021, then surged 78.24% in 2025.
• X Financial's Operating Expenses stood at $80.3 million in 2021, then increased by 23.06% to $98.8 million in 2022, then jumped by 33.74% to $132.2 million in 2023, then grew by 22.67% to $162.1 million in 2024, then rose by 27.68% to $207.0 million in 2025.
• Business Quant data shows XYF's Operating Expenses at $207.0 million in Q4 2025, $224.6 million in Q3 2025, and $223.1 million in Q2 2025.