X Financial (XYF) Tax Provisions (2017 - 2026)
X Financial (XYF) posted Tax Provisions of -$8.0 million for Q2 2026, up 23.19% on a QoQ basis from -$10.5 million in Q1 2026, and up 48.02% year-over-year from -$5.4 million in Q2 2025.
Analysis
X Financial (XYF) Tax Provisions (2017 - 2026) Analysis & Trends
X Financial has reported Tax Provisions for 10 years, with the latest figure at -$8.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 48.02% year-over-year to -$8.0 million in Q2 2026; TTM through Jun 2026 was -$27.5 million, a 58.63% increase from a year earlier, with the FY2025 full-year figure at $47.6 million, up 185.73% from the prior year.
- Tax Provisions was -$8.0 million for Q2 2026 at X Financial, up from -$10.5 million in the prior quarter.
- The five-year high for Tax Provisions was $2.3 million in Q4 2025, with the low at -$28.6 million in Q1 2022.
- Average Tax Provisions over 5 years is -$11.6 million, with a median of -$11.1 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions sank 402.69% in 2022, then surged 110.97% in 2025.
- Over 5 years, Tax Provisions stood at -$10.9 million in 2022, then jumped by 53.8% to -$5.0 million in 2023, then tumbled by 311.33% to -$20.7 million in 2024, then soared by 110.97% to $2.3 million in 2025, then slumped by 454.81% to -$8.0 million in 2026.
- The last three Tax Provisions figures came in at -$8.0 million (Q2 2026), -$10.5 million (Q1 2026), and $2.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 614,000.00 |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | -1.09 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | -101.86 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -17.15 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | -8.04 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -10,000.00 |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 119,000.00 |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | -7.88 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | 5.19 Mn |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 45,557.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.04 Mn |
| Mar 31, 2026 | -10.47 Mn |
| Dec 31, 2025 | 2.27 Mn |
| Sep 30, 2025 | -11.26 Mn |
| Jun 30, 2025 | -15.47 Mn |
| Mar 31, 2025 | -16.06 Mn |
| Dec 31, 2024 | -20.66 Mn |
| Sep 30, 2024 | -14.30 Mn |
| Jun 30, 2024 | -12.33 Mn |
| Mar 31, 2024 | -9.01 Mn |
| Dec 31, 2023 | -5.02 Mn |
| Sep 30, 2023 | -10.17 Mn |
| Jun 30, 2023 | -12.00 Mn |
| Mar 31, 2023 | -7.65 Mn |
| Dec 31, 2022 | -10.87 Mn |
| Sep 30, 2022 | -12.81 Mn |
| Jun 30, 2022 | -6.31 Mn |
| Mar 31, 2022 | -28.56 Mn |
| Dec 31, 2021 | -24.19 Mn |
| Sep 30, 2021 | -18.54 Mn |