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.