X Financial (XYF) Revenue History
Annual and quarterly revenue from 2016 to present
XYF Revenue Over Time (2016–2025)
XYF Revenue Growth History
5 of 7 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +116.3%
- FY2019 revenue growth
- -41.1%
- FY2020 revenue growth
- -104.8%
- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +53.7%
- FY2023 revenue growth
- +41.1%
- FY2024 revenue growth
- +79.2%
- FY2025 revenue growth
- +26.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.45B | — |
| Q3 2025 | $1.96B | — |
| Q2 2025 | $1.76B | — |
| Q1 2025 | $1.45B | — |
| Q4 2024 | $1.23B | — |
| Q3 2024 | $1.08B | — |
| Q2 2024 | $944.1M | — |
| Q1 2024 | $785.0M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
XYF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
XYF Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 28, 2026, X Financial (XYF) generated trailing twelve-month (TTM) revenue of $6.62 billion, reflecting strong growth of +17.5% year-over-year. The most recent quarter (Q4 2025) recorded $1.45 billion in revenue, down 26.2% sequentially.
Historical Growth Trajectory
XYF's historical revenue data shows a 3-year CAGR of +47.3%. X Financial's highest annual revenue of $7.43 billion was recorded in 2025, an all-time high.
Revenue by Segment
XYF's revenue is primarily driven by Xiaoying Credit Loan (49%), Loan Facilitation Service (27%), and Financial Service (10%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Financial Services sector peers — including QFIN, FINV, and LX — XYF has outperformed the peer group in revenue growth. Compare XYF vs QFIN →
XYF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| XYFCurrent | $6.6B | +17.5% | - | 21.4% | |
 QFIN | $18.7B | - | - | 33.9% | |
 FINV | $13.2B | - | - | 21.8% | |
 LX | $12.8B | - | - | 17.7% | |
 CNF | $626M | - | - | -11.2% | |
 JFIN | $866M | +7.0% | -7.8% | 28.9% |
XYF Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.43B | - | $5.47B | 73.6% | $1.59B | 21.4% |
| 2024 | $5.87B | - | $3.91B | 66.6% | $1.87B | 31.9% |
| 2023 | $3.28B | - | $1.60B | 48.8% | $1.47B | 44.8% |
| 2022 | $2.32B | - | $1.32B | 56.9% | $1.22B | 52.5% |
| 2021 | $1.51B | - | $1.37B | 90.4% | $1.19B | 78.8% |
| 2020 | $-61,501,115 | - | $-1,399,388,991 | 2275.4% | $-1,601,534,136 | 2604.1% |
| 2019 | $1.28B | - | $968.5M | 75.8% | $663.9M | 51.9% |
| 2018 | $2.17B | - | $1.52B | 69.9% | $1.08B | 50.0% |
| 2017 | $1.00B | - | $653.3M | 65.1% | $478.6M | 47.7% |
| 2016 | $-39,168,522 | - | $-47,267,674 | 120.7% | $-147,199,063 | 375.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
XYF — Frequently Asked Questions
Quick answers to the most common questions about buying XYF stock.
Is XYF's revenue growth accelerating or slowing?
XYF revenue growth is accelerating. TTM revenue reached $6.6B, up +17.5% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is XYF's revenue history from 2016 to 2026?
X Financial (XYF) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $6.6B, growing at +17.5% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is XYF's long-term revenue growth rate (CAGR)?
X Financial's 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +17.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for XYF.
Why does XYF's quarterly revenue fluctuate?
XYF quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. X Financial's revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is XYF's revenue distributed by segment?
XYF reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does XYF's revenue compare to industry peers?
X Financial (XYF) with TTM revenue of $6.6B and +17.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.