8 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 →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $209M | 73.6% | 21.3% | $207M | — | $141M |
| 2024 | $804M | $211M | 70.4% | 31.9% | $207M | — | $135M |
| 2023 | $678M | $167M | 40.4% | 29.9% | $113M | — | $168M |
| 2022 | $517M | $118M | 40.3% | 30.4% | $46M | — | $87M |
| 2021 | $569M | $130M | 45.9% | 36.2% | $70M | — | $92M |
| 2020 | $336M | -$201M | 5.5% | -65.2% | -$105M | — | $114M |
| 2019 | $444M | $111M | 47.1% | 26.3% | $84M | — | $145M |
| 2018 | $515M | $128M | 66.5% | 36.0% | -$5M | — | $156M |
How the market has priced XYF 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.
Over the past 5 years, X Financial's revenue has grown 26.6% per year. These are computed facts, not advice.
As of FY2025, X Financial reported — of total debt against $141M of cash.
In FY2025, gross margin was 73.6%, operating margin 21.3%, and net margin 19.2%.
As of Jun '26, X Financial traded at a price-to-earnings ratio of about 5.7× (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.
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.