← LexinFintech Holdings Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.8b | $394.5m | $1.1b | $1.5b | $1.8b | $1.8b | $1.4b | $1.8b | $1.9b | $1.9b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $4.7b | $9.5b | $7.9b | $8.9b | $6.4b | $8.4b | $9.5b | $8.6b | |
| Cost of Revenue | $608.9m | $358.9m | $355.0m | $520.6m | $292.3m | $276.2m | $299.7m | $230.4m | $180.8m | $172.5m | |
| Gross Profit | $602.0m | $202.9m | $438.1m | $717.4m | $556.8m | $902.2m | $440.0m | $635.7m | $688.6m | $639.0m | |
| Operating Expenses | $591.0m | $129.8m | $173.1m | $340.0m | $337.2m | $420.4m | $391.5m | $371.0m | $375.4m | $411.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | $31.5m | $34.4m | $34.4m | $34.4m | $34.4m | $34.4m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $69.2m | $0 | $0 | $92.3m | $0 | $0 | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | ($7.2m) | $17.5m | $15.7m | $8.6m | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | ($709k) | $3.4m | $13.1m | $2.0m | ($4.1m) | ($5.0m) | $1.6m | ($330k) | |
| Gain (Loss) on Investments | — | — | — | — | — | ($653k) | ($4.9m) | ($42.7m) | ($331k) | ($3.1m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($46.7m) | $485.7m | $2.1b | $2.7b | $670.5m | $2.8b | $1.1b | $1.4b | $1.5b | $2.3b | |
| Income (Loss) from Equity Method Investments | ($1.6m) | ($312k) | — | ($744k) | ($1.4m) | ($623k) | ($592k) | ($208k) | ($331k) | ($2.7m) | |
| Preferred Stock Dividends, Income Statement Impact | $43 | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | $206.0m | $0 | $0 | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $20.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($59.7m) | $72.9m | $306.8m | $388.8m | $105.1m | $434.6m | $149.1m | $186.9m | $185.5m | $296.8m | |
| Net Income (Loss) Attributable to Parent | ($117.9m) | $36.9m | $287.6m | $329.6m | $91.2m | — | — | — | — | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($222.9m) | $4.0m | $287.6m | $329.6m | $91.2m | $366.2m | $118.9m | $150.1m | $150.8m | $239.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | $30k | $896k | — | — | — | |
| Earnings Per Share, Basic | ($2.01) | $0.23 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Diluted | ($2.01) | $0.18 | $5.45 | $6.14 | $1.56 | $5.73 | $2.21 | $3.17 | $3.24 | $4.72 | |
| Weighted Average Number of Shares Outstanding, Basic | 110.6m | 113.6m | 337.9m | 355.6m | 364.7m | 368.5m | 348.0m | 328.5m | 331.4m | 338.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 110.6m | 140.9m | 362.8m | 375.8m | 411.2m | 415.0m | 392.8m | 359.8m | 339.3m | 355.1m | |
| Research and Development Expense | $127.3m | $36.2m | $46.6m | $59.8m | $72.7m | $86.2m | $84.6m | $72.3m | $79.2m | $85.1m | |
| General and Administrative Expense | $87.4m | $31.3m | $40.7m | $59.2m | $69.2m | $73.9m | $62.6m | $54.6m | $51.3m | $51.7m | |
| Other Nonoperating Income (Expense) | ($10.8m) | $4.3m | $258k | $11.8m | $22.4m | $17.8m | $8.9m | $1.1m | $8.0m | $2.8m | |
| Selling and Marketing Expense | $376.3m | $62.3m | $85.8m | $221.0m | $195.3m | $260.3m | $244.4m | $244.1m | $244.9m | $274.4m | |
| Interest Expense | $48.3m | $11.6m | $3.4m | $5.6m | $11.9m | $9.9m | $8.1m | $7.1m | $1.2m | $3.3m | |
| Current Income Tax Expense (Benefit) | $11.2m | $230.7m | $74.0m | $352.0m | $594.1m | $831.7m | $169.3m | $328.4m | $546.0m | $607.1m | |
| Income Tax Expense (Benefit) | $58.3m | $36.0m | $19.2m | $59.2m | $13.9m | $68.3m | $29.4m | $36.7m | $34.7m | $57.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.