X Financial (XYF) Gross margin 2018–2025
X Financial (XYF) gross margin by fiscal year — reported gross profit divided by reported revenue.
73.6%FY2025 · since FY2018: 66.5% → 73.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 73.6% | +3.2 pp |
| FY2024 | 70.4% | +30.0 pp |
| FY2023 | 40.4% | +0.1 pp |
| FY2022 | 40.3% | -5.6 pp |
| FY2021 | 45.9% | +40.3 pp |
| FY2020 | 5.5% | -41.5 pp |
| FY2019 | 47.1% | -19.4 pp |
| FY2018 | 66.5% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice