LexinFintech Holdings Ltd. (LX) — Financial statements
Income statement, balance sheet, and cash flow for LexinFintech Holdings Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 12,791↓9.9% | 14,204↑8.8% | 13,057↑32.3% | 9,866↓13.3% | 11,381 | |
| Cost of Revenue | 3,549↓61.3% | 9,177↑7.4% | 8,544↑25.1% | 6,831↑21.3% | 5,631 | |
| Gross Profit | 9,242↑83.9% | 5,026↑11.4% | 4,513↑48.7% | 3,035↓47.2% | 5,749 | |
| Operating Expenses | ||||||
| R&D Expenses | 595↑3.0% | 578↑12.7% | 513↓12.0% | 583↑6.2% | 549 | |
| General & Administrative Expenses | 362↓3.4% | 374↓3.3% | 387↓10.2% | 432↓8.3% | 471 | |
| Selling & Marketing Expenses | 1,919↑7.4% | 1,787↑3.1% | 1,733↑2.8% | 1,685↑1.6% | 1,659 | |
| SG&A Expenses | 2,281↑5.5% | 2,162↑1.9% | 2,121↑0.2% | 2,117↓0.6% | 2,130 | |
| Other Expenses | 4,102 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 6,978↑154.7% | 2,740↑4.0% | 2,634↓2.5% | 2,700↑0.8% | 2,679 | |
| Total Costs & Expenses | 10,527↓11.7% | 11,917↑6.6% | 11,178↑17.3% | 9,531↑14.7% | 8,310 | |
| Operating Results | ||||||
| Operating Income | 2,264↓1.0% | 2,286↑21.7% | 1,879↑461.9% | 334↓89.1% | 3,070 | |
| Depreciation & Amortization | 103↓30.8% | 148↑2.1% | 145↓2.0% | 148↑2.0% | 145 | |
| EBITDA | 2,366↑56.6% | 1,511↓0.8% | 1,522↑23.5% | 1,232↓58.6% | 2,978 | |
| EBIT | 2,264↑66.1% | 1,363↓1.1% | 1,377↑27.0% | 1,084↓61.7% | 2,833 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,825↑20364.5% | -9↑82.2% | -50↑9.3% | -56↑11.9% | -63 | |
| Interest Income | 2,070 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 245↑2618.2% | 9↓82.2% | 50↓9.3% | 56↓11.9% | 63 | |
| Non-Operating Income | 0.00↓100.0% | 923↑84.0% | 502↑166.9% | -750↓415.3% | 238 | |
| Other Income / Expenses | -245↑73.7% | -932↓68.8% | -552↓179.6% | 694↑330.7% | -301 | |
| Income Before Tax | 2,019↑49.1% | 1,354↑2.0% | 1,327↑29.0% | 1,029↓62.9% | 2,770 | |
| Income Tax Expense | 388↑53.1% | 253↓2.9% | 261↑28.7% | 203↓53.5% | 435 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,631↑48.2% | 1,100↑3.2% | 1,066↑29.1% | 826↓64.6% | 2,334 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,631↑48.2% | 1,100↑3.2% | 1,066↑30.0% | 820↓64.9% | 2,334 | |
| Bottom-Line Net Income | 1,631↑47.5% | 1,106↓2.9% | 1,140↑31.5% | 867↓63.6% | 2,379 | |
| EPS (Basic) | 9.64↑45.2% | 6.64↑2.5% | 6.48↑37.3% | 4.72↓62.7% | 12.66 | |
| EPS (Diluted) | 9.16↑40.9% | 6.50↑2.5% | 6.34↑43.4% | 4.42↓61.4% | 11.46 | |
| Weighted Average Shares | 169↑2.3% | 166↓1.5% | 168↓3.3% | 174↓5.5% | 184 | |
| Weighted Average Diluted Shares | 178↑4.7% | 170↓5.7% | 180↓8.4% | 196↓5.4% | 207 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.