X Financial (XYF) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.6B	7.4B	5.9B	3.3B	2.3B
Cost of Revenue	2.0B	2.0B	2.0B	1.7B	1.0B
Gross Profit	3.5B	5.5B	3.9B	1.6B	1.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	704.4M	2.4B	211.7M	153.9M	143.2M
General & Admin Expense	191.7M	199.6M	175.9M	141.4M	127.8M
Selling & Marketing Expense	512.8M	2.2B	35.7M	12.5M	15.4M
Other Expenses	2.4B	1.5B	1.8B	(24.4M)	(40.7M)
Total Operating Expenses	2.8B	3.9B	2.0B	129.6M	102.5M
Cost and Expenses	4.9B	5.8B	4.0B	1.8B	1.1B
Operating Income (EBIT)	716.0M	1.6B	1.9B	1.5B	1.2B
Non-Operating
Interest Income	1.4B	1.4B	1.4B	1.1B	970.0M
Interest Expense	528.5M	—	1.6B	1.4B	833.1M
Net Interest Income	878.6M	1.4B	(211.0M)	(254.0M)	136.9M
Other Non-Op Income/Expense	36.9M	116.1M	71.8M	(20.7M)	(11.8M)
Non-Operating Income (excl Interest)	(760.7M)	(116.1M)	(1.8B)	—	—
EBT (Pre-Tax Income)	752.9M	1.7B	1.9B	1.4B	1.2B
Income Tax Expense	190.7M	283.7M	405.7M	261.1M	396.1M
Bottom Line
Net Income	562.2M	1.4B	1.5B	1.2B	812.0M
Earnings from Cont. Ops	562.2M	1.4B	1.5B	1.2B	812.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	562.2M	1.4B	1.5B	1.2B	812.0M
Per Share
Basic EPS	$85.56	$210.18	$191.94	$146.88	$92.40
Diluted EPS	$82.14	$205.56	$189.00	$146.88	$90.72
Revenue Per Share	$889.89	$1,096.52	$720.67	$405.68	$259.56
Shares
Basic Shares Outstanding	6.3M	6.8M	8.1M	8.1M	9.0M
Diluted Shares Outstanding	6.3M	6.9M	8.1M	8.1M	9.0M
Profitability Metrics
EBITDA	1.5B	1.7B	3.7B	1.5B	1.2B
D&A	13.0M	11.2M	7.2M	5.3M	6.6M
EBIT	1.5B	1.7B	3.7B	1.5B	1.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026