NASDAQ$LX

Lexinfintech Holdings Ltd · Q4 2025 earnings

Q4 2025 earnings · · After market close

Briefing

LexinFintech Q4 2025: RMB3.0B revenue, RMB214M net income amid regulatory transition

LexinFintech reported Q4 2025 operating revenue of RMB3,043 million, down 16.8% year over year, as proactive risk management and pricing adjustments under China's new regulatory framework weighed on the bottom line. Net income attributable to ordinary shareholders was RMB214 million, down 41.0% from Q4 2024, while adjusted net income was RMB239 million. For full year 2025, operating revenue fell 7.4% to RMB13,152 million, but net income rose 52.4% to RMB1,677 million helped by fair-value gains on guarantee obligations and lower provisioning. The board approved a semi-annual dividend of US$0.188 per ADS (30% of H2 2025 net income) and the company has repurchased US$39 million of ADSs under its buyback program.

  • Q4 operating revenue of RMB3,043M declined 16.8% YoY; full-year revenue of RMB13,152M was down 7.4%
  • Q4 net income of RMB214M fell 41% YoY; full-year net income rose 52.4% to RMB1,677M
  • Registered users reached 245M (+7.6%); Q4 loan originations of RMB50.0B declined 3.8% YoY
  • Board approved US$0.188/ADS dividend for H2 2025; US$39M in ADS repurchases completed to date
  • Management expects Q1 2026 loan originations to remain flat amid ongoing macro uncertainty

Headline financials

Total Revenue

¥3.04B

No prior period
EPS (adj)

¥1.38

No prior period
Loan Originations

¥50B

No prior period
Registered users

245.0M

No prior period
Outstanding Loan Principal

¥96.6B

No prior period
Net Income

¥214M

No prior period

Revenue & EPS history

Lexinfintech Holdings Ltd · Revenue · Quarterly

¥3.04B

Q4 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Revenue by segment

Lexinfintech Holdings Ltd · ¥3.04B total across 3 segments · Q4 2025

  • Credit Facilitation
    ¥2.49B
  • Installment E-commerce
    ¥388M
  • Tech Empowerment
    ¥170M

Forward guidance

Lexin expects Q1 2026 total loan originations to remain flat as the company navigates macroeconomic uncertainties and the evolving regulatory landscape.

Tailwinds

  • Risk metrics continue to improve
  • Industry consolidating toward compliant platforms

Headwinds

  • Ongoing macroeconomic uncertainties
  • Elevated industry risk volatility

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.1%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+3.6%

Avg return

30 days after

29%

2 / 7 earnings

Positive

+25.6%

Q3 2024

Best reaction

-10.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+12.2%
Q4 2025-7.1%-11.4%-7.8%
Q3 2025+8.2%-5.9%-2.7%
Q2 2025-4.2%+2.7%-9.2%
Q1 2025-10.8%-14.4%-20.3%
Q3 2024+25.6%+49.1%+85.9%
Q4 2024-10.7%-14.5%-24.3%

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