​

X Financial (XYF) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChartTranscripts

X Financial Revenue Highlights

Latest Revenue (Y)

$4.81B

Latest Revenue (Q)

$578.58M

Main Segment (Y)

Xiaoying Credit Loan

X Financial Revenue by Period

X Financial Revenue by Year

DateRevenueChange
2023-12-31$4.81B213.18%
2022-12-31$1.54B1.69%
2021-12-31$1.51B-2558.43%
2020-12-31$-61.50M-104.81%
2019-12-31$1.28B-41.00%
2018-12-31$2.17B115.91%
2017-12-31$1.00B-2662.22%
2016-12-31$-39.17M-

X Financial generated $4.81B in revenue during NA 2023, up 213.18% compared to the previous quarter, and up 222.20% compared to the same period a year ago.

X Financial Revenue by Quarter

DateRevenueChange
2024-03-31$578.58M47.26%
2023-12-31$392.90M-30.31%
2023-09-30$563.77M3.83%
2023-06-30$542.96M40.53%
2023-03-31$386.38M-17.25%
2022-12-31$466.91M33.20%
2022-09-30$350.53M12.44%
2022-06-30$311.75M-23.63%
2022-03-31$408.23M-0.97%
2021-12-31$412.23M-10.02%
2021-09-30$458.11M29.89%
2021-06-30$352.70M15.80%
2021-03-31$304.57M100.86%
2020-12-31$151.63M-1610.45%
2020-09-30$-10.04M-93.68%
2020-06-30$-158.87M-26058.66%
2020-03-31$612.00K-99.58%
2019-12-31$145.11M-54.45%
2019-09-30$318.58M2.61%
2019-06-30$310.48M-26.04%
2019-03-31$419.79M-12.95%
2018-12-31$482.24M-3.70%
2018-09-30$500.76M-31.05%
2018-06-30$726.32M58.74%
2018-03-31$457.55M0.53%
2017-12-31$455.14M85.53%
2017-09-30$245.32M-

X Financial generated $578.58M in revenue during Q1 2024, up 47.26% compared to the previous quarter, and up 123.92% compared to the same period a year ago.

X Financial Revenue Breakdown

X Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Xiaoying Revolving Loan$1.60M$597.91K$9.07M--
Xiaoying Credit Loan$4.53B$39.54M$71.02M--
Other service$283.03M$158.85M$60.83M--
Service Other$315.49M----
Loan Facilitation Service$2.74B----
Guarantees$24.50M----
Financial Service$1.14B----
Other loan products-$207.96K$130.77K--
Xiaoying Credit Loans-$20.82M$312.37M--
Xiaoying Revolving Loans-$435.18K$3.22M--
Xiaoying Housing Loan---$172.96K$264.64K
Other Services---$27.81M$41.82M
Other Loan Products---$226.72K$10.40K
Internet Channel---$11.00$1.89M

X Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Xiaoying Credit Loan (50.13%), Loan Facilitation Service (30.36%), Financial Service (12.60%), Service Other (3.49%), Other service (3.13%), Guarantees (0.27%), and Xiaoying Revolving Loan (0.02%).

X Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LULufax$28.12B$5.58B
QFINQifu$16.29B$3.32B
LXLexinFintech$13.06B$3.24B
FINVFinVolution Group$12.55B$3.17B
YRDYiren Digital$4.90B$1.27B
XYFX Financial$4.81B$578.58M
LCLendingClub$1.27B$335.61M
NISNNisun Enterprise Development Group$234.17M$126.71M
QDQudian$126.34M$55.85M
PTPintec Technology$52.72M$2.44M
LMFALM Funding America$12.98M-
AIHSSenmiao$6.81M$745.88K

XYF Revenue FAQ

What is X Financial’s yearly revenue?

X Financial's yearly revenue for 2023 was $4.81B, representing an increase of 213.18% compared to 2022. The company's yearly revenue for 2022 was $1.54B, representing an increase of 1.69% compared to 2021. XYF's yearly revenue for 2021 was $1.51B, representing a decrease of -2558.43% compared to 2020.

What is X Financial’s quarterly revenue?

X Financial's quarterly revenue for Q1 2024 was $578.58M, a 47.26% increase from the previous quarter (Q4 2023), and a 49.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $392.9M, a -30.31% decrease from the previous quarter (Q3 2023), and a -15.85% decrease year-over-year (Q4 2022). XYF's quarterly revenue for Q3 2023 was $563.77M, a 3.83% increase from the previous quarter (Q2 2023), and a 60.83% increase year-over-year (Q3 2022).

What is X Financial’s revenue growth rate?

X Financial's revenue growth rate for the last 3 years (2021-2023) was 218.46%, and for the last 5 years (2019-2023) was 276.61%.

What are X Financial’s revenue streams?

X Financial's revenue streams in c 23 are Xiaoying Revolving Loan, Xiaoying Credit Loan, Other service, Service Other, Loan Facilitation Service, Guarantees, and Financial Service. Xiaoying Revolving Loan generated $1.6M in revenue, accounting 0.02% of the company's total revenue, up 167.81% year-over-year. Xiaoying Credit Loan generated $4.53B in revenue, accounting 50.13% of the company's total revenue, up 11347.89% year-over-year. Other service generated $283.03M in revenue, accounting 3.13% of the company's total revenue, up 78.17% year-over-year. Service Other generated $315.49M in revenue, accounting 3.49% of the company's total revenue Loan Facilitation Service generated $2.74B in revenue, accounting 30.36% of the company's total revenue Guarantees generated $24.5M in revenue, accounting 0.27% of the company's total revenue Financial Service generated $1.14B in revenue, accounting 12.60% of the company's total revenue

What is X Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of X Financial was Xiaoying Credit Loan. This segment made a revenue of $4.53B, representing 50.13% of the company's total revenue.