Q1 2026 May 26, 2026

Lexin's shares jumped 13.8% following the quarter, reflecting market approval of its faster growth in diversified ecosystem businesses and improving asset quality, which appear to have offset broader sector headwinds.

Key takeaways

Total loan volume increased 15.9% quarter-over-quarter to RMB 57.9 billion, driven by strong performance in installment e-commerce, offline inclusive finance, and fintech empowerment sectors.
Ecosystem businesses accounted for nearly 50% of total loan volume, marking a strategic shift from the legacy online loan facilitation model.
Number of active users rose 14.1% quarter-over-quarter to 5.17 million, while new active users more than doubled year-over-year with a 101.6% increase.
Asset quality metrics improved with day 1 delinquency down ~7% sequentially and a projected 6% decrease in 30-day first payment default for new loans, indicating effective risk strategy enhancements.
The company’s focus on supply chain refinement, partner expansion, and localized inclusive finance contributed to sustainable growth across multiple consumption scenarios and lower-tier markets.

Q3 2025 Nov 25, 2025

Lexin delivered solid Q3 2025 results, reporting a net profit of RMB 521 million, a 2% increase quarter-over-quarter and a significant 68% growth year-over-year, underscoring resilience in a fluctuating industry landscape.

Key takeaways

Loan volume reached RMB 50.89 billion, with revenue of RMB 3.42 billion, reflecting robust operational performance.
Net profit take rate improved to 2.01%, up 9 basis points quarter-over-quarter and 92 basis points year-over-year.
Increased dividend payout ratio from 25% to 30% of net profit, alongside ongoing share repurchase initiatives.
Successful launch of AI-driven initiatives, with significant enhancements in user request identification accuracy and solution efficiency.
Strong growth across e-commerce segments, particularly in essential daily consumer goods, with GMV increasing by 237% year-over-year during Singles' Day.

Q2 2025 Aug 8, 2025

LexinFintech Holdings reported strong second quarter 2025 results, highlighted by a 16% revenue increase and a record net profit, demonstrating resilience through effective risk management and strategic growth initiatives.

Key takeaways

Total GMV rose 2.4% quarter-over-quarter to RMB 52.9 billion, with net profit achieving RMB 511 million, a 19% increase from the previous quarter and a remarkable 126% year-over-year growth.
Plans for shareholder value enhancement include raising the cash dividend payout ratio from 25% to 30% and a new $60 million share repurchase program.
Significant growth in the installment e-commerce segment, with GMV increasing by 139% year-over-year during the June 18 shopping festival, supported by product portfolio expansion and partnerships with top-tier brands.
Continued investment in AI has improved operational efficiency, with AI models enhancing various business areas including post-loan management and customer interaction strategies.

LexinFintech Holdings Ltd. Earnings Recaps