X Financial (XYF) Tax Rate (2017 - 2026)
X Financial (XYF) posted Tax Rate of 24.8% for Q2 2026, up 53.0% on a QoQ basis from 52.77% in Q1 2026, and down 816.0% year-over-year from 3.46% in Q2 2025.
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Analysis
X Financial (XYF) Tax Rate (2017 - 2026) Analysis & Trends
X Financial has reported Tax Rate for 10 years, with the latest figure at 24.8% in Q2 2026.
- On a quarterly basis, Tax Rate fell 816.0% year-over-year to 24.8% in Q2 2026; TTM through Jun 2026 was 21.74%, a 72.0% decrease from a year earlier, with the FY2025 full-year figure at 19.04%, up 4046.0% from the prior year.
- Tax Rate was 24.8% for Q2 2026 at X Financial, up from 52.77% in the prior quarter.
- The five-year high for Tax Rate was 50.72% in Q4 2025, with the low at 57.52% in Q1 2022.
- Average Tax Rate over 5 years is 20.36%, with a median of 19.78% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate tumbled 4299 bps in 2022, then surged 7860 bps in 2025.
- Over 5 years, Tax Rate stood at 27.33% in 2022, then soared by 49 bps to 13.82% in 2023, then plunged by 102 bps to 27.88% in 2024, then jumped by 282 bps to 50.72% in 2025, then plunged by 149 bps to 24.8% in 2026.
- The last three Tax Rate figures came in at 24.8% (Q2 2026), 52.77% (Q1 2026), and 50.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 3.58% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | -2.64% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | -63.26% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -21.42% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | -24.80% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.13% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | -8.78% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | -34.54% |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -16.10% |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.80% |
| Mar 31, 2026 | -52.77% |
| Dec 31, 2025 | 50.72% |
| Sep 30, 2025 | -16.14% |
| Jun 30, 2025 | -16.64% |
| Mar 31, 2025 | -20.96% |
| Dec 31, 2024 | -27.88% |
| Sep 30, 2024 | -19.69% |
| Jun 30, 2024 | -19.87% |
| Mar 31, 2024 | -16.76% |
| Dec 31, 2023 | -13.82% |
| Sep 30, 2023 | -17.35% |
| Jun 30, 2023 | -19.25% |
| Mar 31, 2023 | -16.07% |
| Dec 31, 2022 | -27.33% |
| Sep 30, 2022 | -29.10% |
| Jun 30, 2022 | -21.27% |
| Mar 31, 2022 | -57.52% |
| Dec 31, 2021 | -48.90% |
| Sep 30, 2021 | -28.77% |