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LX Financials LexinFintech Holdings Ltd.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 1.1% per year over the past 5 years.
  • Net income has grown faster than revenue (21.3% vs 1.1% per year).

Financial health

  • Total debt ($660M) exceeds cash ($308M); net debt is $352M.
  • Total debt has grown slower than revenue (-17.3% vs 1.1% per year).

Shareholder returns

  • Dividends have been paid for 3 consecutive years, consuming 22.8% of earnings and 11.7% of free cash flow.
  • The dividend has grown 69.4% per year over the past 5 years.
Revenue & net income
$0 $973M $2B 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 25% 51% 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$119M $174M $466M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $887M $2B 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$834M -$78M $678M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.9B $240M 34.0% 0.0% $466M $660M $308M
2024 $1.9B $151M 35.4% 0.0% $114M $585M $322M
2023 $1.8B $150M 34.6% 0.0% $360M $174M $360M
2022 $1.4B $120M 30.8% 0.0% -$7M $975M $210M
2021 $1.8B $366M 50.5% 0.0% $400M $1.5B $386M
2020 $1.8B $91M 31.2% 0.0% -$46M $1.7B $245M
2019 $1.5B $330M 47.1% 0.0% -$119M $1.8B $320M
2018 $1.1B $288M 39.6% 0.0% $399M $373M $165M
2017 $858M $37M 23.6% 0.0% $250M $169M $164M

Valuation over time

How the market has priced LX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 11.9 23.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.9 1.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 3.9 7.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is LX growing its revenue and profit?

Over the past 5 years, LexinFintech Holdings Ltd.'s revenue has grown 1.1% per year, and net income grown 21.3% per year. These are computed facts, not advice.

How much debt does LX have?

As of FY2025, LexinFintech Holdings Ltd. reported $660M of total debt against $308M of cash.

What is LX's profit margin?

In FY2025, gross margin was 34.0%, operating margin —, and net margin 12.8%.

What is LX's P/E ratio?

As of Jun '26, LexinFintech Holdings Ltd. traded at a price-to-earnings ratio of about 2.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.