---
title: "X Financial Q2 FY26 net income drops 91.1% YoY to RMB 47 million; revenue falls 56.3% to RMB 993.6 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296766616.md"
description: "X Financial reported a 91.1% year-over-year drop in Q2 FY26 net income to RMB 47 million, with revenue falling 56.3% to RMB 993.6 million. Loan facilitation decreased by 70.2% YoY, and active borrowers declined 74.8%. Management attributed improvements in delinquency rates to disciplined underwriting and conservative capital deployment."
datetime: "2026-08-24T09:50:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296766616.md)
  - [en](https://longbridge.com/en/news/296766616.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296766616.md)
generator: "portal-rs"
---

# X Financial Q2 FY26 net income drops 91.1% YoY to RMB 47 million; revenue falls 56.3% to RMB 993.6 million

-   X Financial posted Q2 GAAP net income of RMB 47 million, down 91.1% year over year but up 23.8% quarter over quarter. \* Total net revenue fell to RMB 993.6 million, down 56.3% year over year and 15.5% sequentially. \* Loan amount facilitated and originated dropped to RMB 11.63 billion, down 70.2% year over year and 20.5% quarter over quarter. \* Active borrowers slid to 720,258, down 74.8% from a year ago; average loan amount rose to RMB 12,712. \* Management cited disciplined underwriting and conservative capital deployment as delinquency improved sequentially, with 91-180 day past due at 9.09%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X Financial published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608240550PR\_NEWS\_USPR\_\_\_\_\_CN31142) on August 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [XYF.US](https://longbridge.com/en/quote/XYF.US.md)

## Related News & Research

- [XYF: Revenue and net income plunged year-over-year as loan volumes and borrower activity contracted sharply](https://longbridge.com/en/news/296769558.md)
- [X Financial (NYSE:XYF) Posts Quarterly Earnings Results, Beats Expectations By $0.35 EPS](https://longbridge.com/en/news/296778384.md)
- [X Financial Reports Second Quarter 2026 Unaudited Financial Results | XYF Stock News](https://longbridge.com/en/news/296767614.md)
- [HAV Group schedules Q2 2026 results webcast presentation](https://longbridge.com/en/news/296448086.md)
- [AaB calls extraordinary shareholder meeting](https://longbridge.com/en/news/296606549.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**