Fujifilm announced the X-E5 mirrorless camera today, marking the first update to its rangefinder-style X-E series in more than four years with a 40.2-megapixel sensor and in-body image stabilization.
The compact camera targets photographers seeking an alternative to Fujifilm's popular but supply-constrained X100VI, offering interchangeable lenses while maintaining a similar form factor and shooting experience.
The X-E5 features the same 40-megapixel APS-C X-Trans CMOS 5 HR sensor found in Fujifilm's X-T50 and X100VI, paired with the X-Processor 5 image processing engine12. The camera introduces in-body image stabilization to the X-E series for the first time, providing up to 7 stops of shake reduction12.
A customizable Film Simulation dial allows users to access three personalized film recipes alongside standard modes, displayed through a magnified window reminiscent of classic camera frame counters3. The camera supports 6.2K video recording at 30 frames per second and 4K at 60fps41.
"The X-E5 is a masterstroke of elegant design, delivering the perfect balance between form and function," said Victor Ha, Vice President of Electronic Imaging and Optical Devices Divisions at Fujifilm North America Corporation1.
Fujifilm priced the X-E5 at $1,699 for the body alone or $1,899 bundled with a new XF 23mm F2.8 pancake lens12. The kit combination directly competes with the X100VI's fixed-lens design while offering lens flexibility.
According to PetaPixel's review, "the X-E5 is really the best X100 of all time" due to its interchangeable lens system and refined controls3. The camera addresses ergonomic criticisms of its predecessor, the X-E4, by including a more substantial grip and additional physical controls4.
The launch comes as the mirrorless camera market, valued at $15 billion in 2025, continues growing at a 5% annual rate despite smartphone competition1. Fujifilm's X100VI has faced persistent supply shortages due to high demand, creating opportunity for the X-E5 to capture similar market interest2.
The X-E series gap reflected broader industry consolidation, with the previous X-E4 launching in March 20213. The X-E5's arrival fills what many considered a missing piece in Fujifilm's lineup, particularly as rumors suggest no X-Pro4 model is planned for 20252.
