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Recent Updates — LX

August 31, 2026View Source ↗

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.