Fujifilm released the X-E5 toward the end of 2025, offering photographers an interchangeable-lens alternative to the highly sought-after X100VI. The X-E5 quickly became a popular choice for those desiring the X100VI's compact, rangefinder-style body but with the flexibility of different lenses.

The camera boasts a 40-MP sensor, delivering images with excellent micro-contrast and Fujifilm's renowned color science. According to WIRED, the X-E5 features strong subject recognition, decent autofocus speeds, and in-body image stabilization (IBIS). A new film simulation dial allows users to store custom film recipes, catering to the preferences of film photography enthusiasts.

However, the X-E5 isn't without its drawbacks. It lacks weather-sealing and has only one SD card slot. Video options are also not as advanced as those found in other recent Fujifilm cameras.

The X-E5's release coincided with a period of high demand for Fujifilm cameras, making it initially difficult to acquire. Its appeal lies in its ability to bridge the gap between the fixed-lens X100VI and Fujifilm's broader range of interchangeable-lens cameras. This addresses a segment of the market that values both portability and versatility.

The camera's design reflects a growing trend in the photography industry toward compact, retro-styled bodies that offer a blend of classic aesthetics and modern technology. The X-E5's film simulation modes, a hallmark of Fujifilm cameras, tap into a cultural resurgence of interest in film photography, allowing users to emulate the look and feel of various film stocks.

The Fujifilm X-E5 is currently available at retailers such as Amazon and BH Photo, with body-only options priced around $1,699 and kits with lenses available for approximately $1,899. While initial supply constraints have eased, demand remains strong, reflecting the camera's continued popularity among photographers seeking a compact and capable interchangeable-lens option.