LexinFintech Reports Q4 Earnings, Navigates Regulatory Transition and Sees User Activity Rebound

LexinFintech reported Q4 loan volume of RMB 50 billion and revenue of RMB 3 billion, with 4.53 million active users and 884,000 new active users. The company navigated a major regulatory transition by reshaping its business mix, tightening risk controls, and leaning on a diversified ecosystem. Q4 net income was RMB 214 million, a sequential decline due to pricing adjustments, loan volume contraction, higher credit costs, and operating expenses.