X Financial (XYF) Operating margin 2018–2025
X Financial (XYF) operating margin by fiscal year — reported operating income divided by reported revenue.
21.3%FY2025 · since FY2018: 36.0% → 21.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 21.3% | -10.6 pp |
| FY2024 | 31.9% | +2.1 pp |
| FY2023 | 29.9% | -0.5 pp |
| FY2022 | 30.4% | -5.8 pp |
| FY2021 | 36.2% | +101.4 pp |
| FY2020 | -65.2% | -91.5 pp |
| FY2019 | 26.3% | -9.7 pp |
| FY2018 | 36.0% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice