LexinFintech Holdings Ltd. (LX) Revenue History
Annual and quarterly revenue from 2015 to 2024
Compound Annual Growth Rate (CAGR)
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LX Revenue Growth
Revenue Breakdown (FY 2024)
LX's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
LX Revenue Analysis (2015–2024)
As of May 8, 2026, LexinFintech Holdings Ltd. (LX) generated trailing twelve-month (TTM) revenue of $14.01 billion, reflecting slight decline in growth of -1.5% year-over-year. The most recent quarter (Q2 2025) recorded $3.59 billion in revenue, up 15.6% sequentially.
Looking at the longer-term picture, LX's 5-year compound annual growth rate (CAGR) stands at +6.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $14.20 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows LX's business is primarily driven by Service (94%), and Service, Other (6%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including QFIN, FINV, and CNF, LX has outperformed the peer group in terms of revenue growth. Compare LX vs QFIN →
LX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LXCurrent | $14.0B | -1.5% | +6.0% | 16.1% | |
 QFIN | $17.2B | - | - | 43.9% | |
 FINV | $13.1B | - | - | 19.4% | |
 CNF | $626M | - | - | -11.2% | |
 MOGO | $71M | -1.5% | +3.6% | -5.2% | |
 UPST | $1.1B | - | - | 5.1% |
LX Historical Revenue Data (2015–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $14.20B | - | $5.03B | 35.4% | $2.29B | 16.1% |
| 2023 | $13.06B | - | $4.51B | 34.6% | $1.88B | 14.4% |
| 2022 | $9.87B | - | $3.03B | 30.8% | $334.4M | 3.4% |
| 2021 | $11.38B | - | $5.75B | 50.5% | $3.07B | 27.0% |
| 2020 | $11.65B | - | $3.63B | 31.2% | $1.43B | 12.3% |
| 2019 | $10.60B | - | $4.99B | 47.1% | $2.63B | 24.8% |
| 2018 | $7.60B | - | $3.01B | 39.6% | $1.82B | 24.0% |
| 2017 | $5.58B | - | $1.32B | 23.6% | $475.7M | 8.5% |
| 2016 | $4.34B | - | $602.0M | 13.9% | $11.0M | 0.3% |
| 2015 | $2.52B | - | $-72,458,000 | -2.9% | $-397,324,000 | -15.7% |
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Start ComparisonLX — Frequently Asked Questions
Quick answers to the most common questions about buying LX stock.
Is LX's revenue growth accelerating or slowing?
LX revenue growth slowed to -1.5%, below the 5-year CAGR of +6.0%. TTM revenue is $14.0B. The deceleration marks a shift from historical growth rates.
What is LX's long-term revenue growth rate?
LexinFintech Holdings Ltd.'s 5-year revenue CAGR of +6.0% reflects the variable expansion pattern. Current YoY growth of -1.5% is near this long-term average.
How is LX's revenue distributed by segment?
LX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2024 are available for download. Segment mix reveals concentration and diversification trends.