Lexinfintech Holdings Ltd
NASDAQ: LX · FINANCIAL SERVICES · CREDIT SERVICES
Updated 2026-06-05
Lexinfintech Holdings Ltd (LX) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.82B | $8.72B | $14.73B | $12.47B | $19.24B | $20.35B | $21.03B | $22.77B | $23.14B | $22.24B | $23.18B |
| Cash & equivalents | $135.37M | $479.61M | $1.13B | $1.15B | $2.09B | $1.56B | $2.66B | $1.49B | $2.62B | $2.25B | $3.88B |
| Current assets | $3.38B | $7.54B | $12.74B | $10.30B | $16.51B | $16.42B | $16.66B | $17.78B | $18.50B | $17.91B | $13.74B |
| Total liabilities | $3.62B | $8.01B | $13.03B | $8.36B | $12.64B | $14.81B | $12.96B | $14.12B | $13.43B | $11.50B | $11.22B |
| Current liabilities | $3.59B | $7.99B | $12.86B | $8.02B | $9.80B | $12.02B | $10.19B | $12.48B | $12.32B | $9.60B | $3.35B |
| Long-term debt | $31.08M | $22.78M | $166.92M | $157.89M | $2.50B | $2.75B | $2.58B | $1.48B | $980.07M | $1.78B | $1.42B |
| Shareholder equity | $193.87M | $712.10M | $1.70B | $4.11B | $6.60B | $5.49B | $8.03B | $8.65B | $9.71B | $10.74B | $11.96B |
| Retained earnings | $-429.85M | $-630.66M | $-450.55M | $1.59B | $3.73B | $2.11B | $4.20B | $4.89B | $5.74B | $7.78B | $7.82B |
| Accounts receivable | $3.08B | $6.66B | $10.67B | $7.14B | $5.35B | $6.72B | $4.71B | $7.14B | $4.93B | $5.79B | $9.79B |
| Inventory | $44.30M | $107.70M | $101.65M | $57.20M | $106.78M | $47.17M | $47.82M | $53.92M | $33.60M | $22.34M | $24.12M |
| Goodwill | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
Frequently asked questions
What is Lexinfintech Holdings Ltd's revenue?
Lexinfintech Holdings Ltd's trailing twelve-month revenue is $13.36B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is LX?
In its most recent fiscal year, LX ran a gross margin of 72.25%, an operating margin of 17.70%, and a net margin of 12.75%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does LX generate?
LX produced $3.26B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is LX's balance sheet healthy?
LX holds $3.88B in cash and equivalents against $1.42B in long-term debt, on $11.96B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.