LexinFintech Holdings Ltd. Q1 2026 Financial Results

LexinFintech Holdings Ltd. announced its unaudited financial results for the first quarter ended March 31, 2026. Total loan originations increased by 15.9% quarter-over-quarter to RMB57.9 billion, driven by the non-Consumer Finance business. Net income remained stable at RMB201 million. Total revenue was RMB3.3 billion, an increase of 8.7% quarter-over-quarter. The company reported a 90-day delinquency ratio of 3.5% and a first payment default rate below 1%. Registered users reached 250 million, with active users at 5.2 million. The company repurchased approximately 9.6 million ADSs for US$39 million under its share repurchase program. For the second quarter of 2026, the company expects total loan origination to remain relatively flat.