Lexinfintech Holdings Ltd. income statement
In fiscal 2025, Lexinfintech Holdings Ltd. reported revenue of $1.83bn, down 7.3% on the year before and net income of $233m, or $1.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 402 | 654 | 826 | 1,151 | 1,536 | 1,688 | 1,764 | 1,469 | 1,845 | 1,974 | 1,830 |
| Cost of revenue | 413 | 563 | 631 | 695 | 812 | 1,161 | 873 | 1,017 | 1,207 | 1,276 | 1,208 |
| Gross profit | −12 | 91 | 195 | 456 | 723 | 527 | 891 | 452 | 638 | 699 | 622 |
| Research and development | 6 | 19 | 35 | 49 | 60 | 69 | 85 | 87 | 73 | 80 | 83 |
| Selling and marketing | 39 | 57 | 60 | 89 | 223 | 185 | 257 | 251 | 245 | 248 | 267 |
| General and administrative | 7 | 13 | 30 | 42 | 60 | 65 | 73 | 64 | 55 | 52 | 50 |
| Interest expense | 0 | 7 | 11 | 3 | 6 | 11 | 10 | 8 | 7 | 1 | 3 |
| Provision for credit losses | 11 | 36 | 91 | 134 | — | — | — | — | — | — | — |
| Income before tax | −64 | −9 | 70 | 320 | 392 | 99 | 429 | 153 | 188 | 188 | 289 |
| Income tax | −14 | 9 | 35 | 20 | 60 | 13 | 68 | 30 | 37 | 35 | 55 |
| Net income | −49 | −18 | 36 | 300 | 332 | 86 | 362 | 122 | 151 | 153 | 233 |
| Diluted EPS | — | −$0.30 | — | $1.65 | $1.78 | $0.45 | $1.78 | $0.66 | $0.90 | $0.90 | $1.31 |
| Diluted shares (average) | 55m | 55m | 70m | 181m | 188m | 206m | 207m | 196m | 180m | 170m | 178m |
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