Earnings ·
LexinFintech Holdings Ltd. reported unaudited second quarter 2026 financial results ending June 30, 2026
LXLexinFintech Holdings Ltd.
LexinFintech Holdings Ltd. reported unaudited second quarter 2026 financial results ending June 30, 2026. Total revenue decreased 11.2% year-over-year to RMB3.2 billion (US$470 million), while net income attributable to ordinary shareholders fell 80.2% to RMB101 million (US$15 million). Net income per ADS was RMB0.61. The company repurchased approximately US$39 million of ADSs under its existing program, bringing total repurchases since July 2025 to roughly 5.8% of outstanding shares. Additionally, the Board updated the dividend policy to an annual evaluation cycle effective fiscal year 2026, distributing 30% of net income as cash dividends; no specific per-share amount was announced for this change. The fintech company operates in China's personal financial services sector, facilitating loans and providing technology solutions.