X Financial (XYF) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.81B | 213.18% |
| 2022-12-31 | $1.54B | 1.69% |
| 2021-12-31 | $1.51B | -2558.43% |
| 2020-12-31 | $-61.50M | -104.81% |
| 2019-12-31 | $1.28B | -41.00% |
| 2018-12-31 | $2.17B | 115.91% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $578.58M | 47.26% |
| 2023-12-31 | $392.90M | -30.31% |
| 2023-09-30 | $563.77M | 3.83% |
| 2023-06-30 | $542.96M | 40.53% |
| 2023-03-31 | $386.38M | -17.25% |
| 2022-12-31 | $466.91M | 33.20% |
| 2022-09-30 | $350.53M | 12.44% |
| 2022-06-30 | $311.75M | -23.63% |
| 2022-03-31 | $408.23M | -0.97% |
| 2021-12-31 | $412.23M | -10.02% |
| 2021-09-30 | $458.11M | 29.89% |
| 2021-06-30 | $352.70M | 15.80% |
| 2021-03-31 | $304.57M | 100.86% |
| 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 | $318.58M | 2.61% |
| 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 | $726.32M | 58.74% |
| 2018-03-31 | $457.55M | 0.53% |
| 2017-12-31 | $455.14M | 85.53% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| 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 |
| XYF | X Financial | $4.81B | $578.58M |
| LC | LendingClub | $1.27B | $329.74M |
| NISN | Nisun Enterprise Development Group | $234.17M | $126.71M |
| QD | Qudian | $126.34M | $55.85M |
| SUNL | Sunlight Financial | $98.51M | $-29.63M |
| PT | Pintec Technology | $52.72M | $2.44M |
| LMFA | LM Funding America | $12.98M | $3.20T |
| AIHS | Senmiao | $6.81M | $1.12M |
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.