LexinFintech FY26 Q2 net income drops 49.7% QoQ to RMB 101.32 million; revenue falls 3.7% QoQ to RMB 3.19 billion
LX•Costs rise as gross profit falls
Operating cost rose 8.8% QoQ to RMB 2.69 billion, cutting gross profit 40.6% to RMB 495.72 million.
Loan origination and balances ease
Loan origination slipped 4.3% QoQ to RMB 55.4 billion; loan balance declined 3% to RMB 93.7 billion.
Quarterly net income and revenue decline
LexinFintech posted 2Q26 net income of RMB 101.32 million, down 49.7% quarter-on-quarter.
Total operating revenue fell 3.7% QoQ to RMB 3.19 billion, led by a 13.5% drop in credit facilitation service income to RMB 1.93 billion.
Other service lines move in opposite directions
Installment e-commerce platform service income climbed to ; tech-empowerment service income slid to .
