LexinFintech (LX) Revenue & Revenue Breakdown
LexinFintech Revenue Highlights
Latest Revenue (Y)
$13.06B
Latest Revenue (Q)
$3.24B
Main Segment (Y)
Service
LexinFintech Revenue by Period
LexinFintech Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $13.06B | 32.35% |
| 2022-12-31 | $9.87B | -13.31% |
| 2021-12-31 | $11.38B | -2.27% |
| 2020-12-31 | $11.65B | 9.82% |
| 2019-12-31 | $10.60B | 39.58% |
| 2018-12-31 | $7.60B | 36.09% |
| 2017-12-31 | $5.58B | 28.66% |
| 2016-12-31 | $4.34B | 71.83% |
| 2015-12-31 | $2.52B | - |
LexinFintech generated $13.06B in revenue during NA 2023, up 32.35% compared to the previous quarter, and up 171.87% compared to the same period a year ago.
LexinFintech Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $3.24B | -7.62% |
| 2023-12-31 | $3.51B | 0.01% |
| 2023-09-30 | $3.51B | 14.83% |
| 2023-06-30 | $3.06B | 2.44% |
| 2023-03-31 | $2.98B | -2.21% |
| 2022-12-31 | $3.05B | 13.38% |
| 2022-09-30 | $2.69B | 11.50% |
| 2022-06-30 | $2.41B | 40.91% |
| 2022-03-31 | $1.71B | -22.14% |
| 2021-12-31 | $2.20B | -25.92% |
| 2021-09-30 | $2.97B | -9.18% |
| 2021-06-30 | $3.27B | 11.05% |
| 2021-03-31 | $2.94B | -2.95% |
| 2020-12-31 | $3.03B | -3.83% |
| 2020-09-30 | $3.15B | 6.63% |
| 2020-06-30 | $2.96B | 18.32% |
| 2020-03-31 | $2.50B | -20.58% |
| 2019-12-31 | $3.15B | -1.25% |
| 2019-09-30 | $3.19B | 27.88% |
| 2019-06-30 | $2.49B | 26.58% |
| 2019-03-31 | $1.97B | -5.93% |
| 2018-12-31 | $2.09B | 23.58% |
| 2018-09-30 | $1.69B | -4.98% |
| 2018-06-30 | $1.78B | 13.53% |
| 2018-03-31 | $1.57B | -1.45% |
| 2017-12-31 | $1.59B | 9.70% |
| 2017-09-30 | $1.45B | 10.30% |
| 2017-06-30 | $1.32B | 8.09% |
| 2017-03-31 | $1.22B | -12.33% |
| 2016-12-31 | $1.39B | - |
LexinFintech generated $3.24B in revenue during Q1 2024, up -7.62% compared to the previous quarter, and up 106.28% compared to the same period a year ago.
LexinFintech Revenue Breakdown
LexinFintech Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service, Other | $164.88M | $58.23M | $86.30M | - | - |
| Service | $1.75B | $2.06B | $1.86B | $2.08B | $3.83B |
| Online Direct Sales | - | - | $1.66B | $1.90B | $3.62B |
| Membership Services | - | - | $107.90M | $113.11M | - |
| Service Other | - | - | - | $68.89M | $204.85M |
| Credit Oriented Services Income | - | - | - | $7.53B | - |
| Guarantees | - | - | - | $2.32B | - |
| Interest And Financial Services Income And Other Revenues | - | - | - | $1.42B | - |
| Loan Facilitation And Servicing Fees Credit Oriented | - | - | - | $3.79B | - |
| Loan Facilitation And Servicing Fees Performance Based | - | - | - | $1.93B | - |
| Loan Facilitation And Servicing Fees Volume Based | - | - | - | $106.01M | - |
| Platform Based Services Income | - | - | - | $2.04B | - |
| Financial Service Other | - | - | - | - | $12.04M |
| Interest And Financial Services Income | - | - | - | - | $1.13B |
| Loan Facilitation And Servicing Fees Revenue | - | - | - | - | $5.63B |
LexinFintech's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (91.39%), and Service, Other (8.61%).
LexinFintech Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LU | Lufax | $28.12B | $5.58B |
| QFIN | 360 DigiTech | $16.29B | $3.32B |
| LX | LexinFintech | $13.06B | $3.24B |
| FINV | FinVolution Group | $12.55B | $3.17B |
| YRD | Yiren Digital | $4.90B | $1.27B |
| NAVI | Navient | $4.83B | $973.00M |
| XYF | X Financial | $4.81B | $578.58M |
| ENVA | Enova | $2.12B | $628.44M |
| LC | LendingClub | $1.27B | $329.74M |
| ATLC | Atlanticus | $1.16B | $316.02M |
| JT | Jianpu | $989.67M | $255.59M |
| QD | Qudian | $126.34M | $55.85M |
| SNTG | Sentage | $146.55K | $146.47K |
LX Revenue FAQ
What is LexinFintech’s yearly revenue?
LexinFintech's yearly revenue for 2023 was $13.06B, representing an increase of 32.35% compared to 2022. The company's yearly revenue for 2022 was $9.87B, representing a decrease of -13.31% compared to 2021. LX's yearly revenue for 2021 was $11.38B, representing a decrease of -2.27% compared to 2020.
What is LexinFintech’s quarterly revenue?
LexinFintech's quarterly revenue for Q1 2024 was $3.24B, a -7.62% decrease from the previous quarter (Q4 2023), and a 8.68% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.51B, a 0.01% increase from the previous quarter (Q3 2023), and a 15.05% increase year-over-year (Q4 2022). LX's quarterly revenue for Q3 2023 was $3.51B, a 14.83% increase from the previous quarter (Q2 2023), and a 30.43% increase year-over-year (Q3 2022).
What is LexinFintech’s revenue growth rate?
LexinFintech's revenue growth rate for the last 3 years (2021-2023) was 14.73%, and for the last 5 years (2019-2023) was 23.14%.
What are LexinFintech’s revenue streams?
LexinFintech's revenue streams in c 23 are Service, Other, and Service. Service, Other generated $164.88M in revenue, accounting 8.61% of the company's total revenue, up 183.17% year-over-year. Service generated $1.75B in revenue, accounting 91.39% of the company's total revenue, down -14.86% year-over-year.
What is LexinFintech’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of LexinFintech was Service. This segment made a revenue of $1.75B, representing 91.39% of the company's total revenue.