X Financial annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
X Financial Operating Expenses Growth & History (XYF)
X Financial's operating expenses was $859.3M for fiscal 2025.
View full X Financial company overviewX Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $859.3M | $311.6M | +56.89% |
| 2024 | 2024-12-31 | $547.7M | $72.1M | +15.15% |
| 2023 | 2023-12-31 | $475.7M | $116.0M | +32.25% |
| 2022 | 2022-12-31 | $359.7M | −$3.7M | −1.01% |
| 2021 | 2021-12-31 | $363.3M | −$192.0M | −34.57% |
| 2020 | 2020-12-31 | $555.3M | $463.3M | +503.42% |
| 2019 | 2019-12-31 | $92.0M | −$237.5M | −72.07% |
| 2018 | 2018-12-31 | $329.5M | — | — |
X Financial operating expenses trends
Over the last five fiscal years, X Financial's operating expenses increased from $555.3M to $859.3M, a change of $304.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review X Financial source filings ↗