LexinFintech reports Q2 2026 net income decline amid industry headwinds

LexinFintech Holdings Ltd. has reported its unaudited financial results for the second quarter of 2026. The company recorded total revenue of RMB 3.2 billion and net income of RMB 101 million. While total loan originations reached RMB 55.4 billion, representing a 4.8% year-over-year increase, net income saw a significant decline of 80.2% compared to the previous year.

Management noted that the industry environment remains complex due to risk events involving industry peers, which led to a tightening of funding supply and impacted market sentiment. In response to these uncertainties, the Board has adjusted its dividend policy to an annual evaluation cycle to preserve liquidity and maintain a financial buffer.

Looking ahead, the company warned of significantly lower loan originations for the third quarter and cautioned that it may post a net loss due to ongoing sector headwinds. Despite these challenges, LexinFintech reported growth in its installment e-commerce platform service income, which rose 60.8% to RMB 784 million.