On November 24, Beijing time, LexinFintech (NASDAQ: LX), a leading Chinese new consumption digital technology service provider, announced its unaudited financial results for the third quarter of 2025. Facing multiple challenges from macroeconomic conditions and industry fluctuations, Lexin’s unique ecosystem business, built over years of experience, demonstrated operational resilience this quarter. Overall, Q3 results remained solid, with revenue of CNY 3.42 billion and Non-GAAP EBIT of CNY 675 million, representing a 1.5% quarter-on-quarter increase.These results reflect Lexin’s adherence to a long-term development philosophy, its user-centric approach, and the establishment of differentiated competitive advantages.
In terms of scale, the company reported a transaction volume of CNY 50.89 billion, a managed loan balance of CNY 101.84 billion, and 240 million users in the third quarter, representing a 7.7% year-on-year increase.
Regarding asset quality, the overall 90-day-plus NPL ratio decreased by 15 basis points quarter-on-quarter and 74 basis points year-on-year, continuing to demonstrate solid asset quality performance.
In terms of financial metrics, the company’s net profit take rate reached 2%, improving by 9 basis points quarter-over-quarter and 92 basis points year-on-year, achieving seven consecutive quarters of steady improvement.
While delivering stable operating results, the company has continued to prioritize shareholder returns. The first-half dividend was paid during the third quarter. For the second half of the year, the dividend payout ratio has been increased from 25% to 30% as previously announced. In addition, more than half of the US$60 million share repurchase and share accumulation plan disclosed earlier has already been executed.
Xiao Wenjie, LexinFintech’s CEO, stated: “With the implementation of the new regulations, the industry is set to move toward healthier and more orderly development. We will further expand our presence across consumer scenarios, deepen our services for micro and small businesses, and increase our investment in financial technology. Our unique multi-business ecosystem will increasingly demonstrate differentiated competitive strengths.We will also continue to enhance our user-centric operating framework, placing greater emphasis on user experience and consumer protection, ensuring that the company remains well-positioned for the future.”
