FinVolution (FINV) Cost of Revenue (2016 - 2025)
FinVolution (FINV) posted quarterly Cost of Revenue of $121.2 million for Q4 2025, up 33.2% year-over-year from $91.0 million in Q4 2024, and up 13.82% on a QoQ basis from $106.5 million in Q3 2025.
FinVolution (FINV) Cost of Revenue (2016 - 2025) Analysis & Trends
FinVolution (FINV) has reported Cost of Revenue for 10 consecutive years, with $121.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue rose 33.2% year-over-year to $121.2 million; the TTM figure through Dec 2025 stood at $407.3 million (up 23.13% YoY), while the FY2025 annual figure was $410.4 million, up 25.78% from the prior year.
- Cost of Revenue came in at $121.2 million for Q4 2025 at FinVolution, up from $106.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $121.2 million in Q4 2025, with the low at $63.0 million in Q1 2021.
- Average Cost of Revenue over 5 years is $81.1 million, with a median of $78.8 million recorded in 2022.
- Across the five-year window, Cost of Revenue surged 82.83% in 2021 and dropped 10.02% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $80.7 million in 2021, then retreated by 7.27% to $74.8 million in 2022, then increased by 5.97% to $79.3 million in 2023, then gained by 14.69% to $91.0 million in 2024, then jumped by 33.2% to $121.2 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $121.2 million, $106.5 million, and $94.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 1.48 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 518.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 72.85 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 171.12 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 121.00 Mn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 17.20 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 121.17 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 121.17 Mn |
| Dec 31, 2025 | 121.17 Mn |
| Sep 30, 2025 | 106.45 Mn |
| Sep 30, 2025 | 106.45 Mn |
| Jun 30, 2025 | 94.16 Mn |
| Jun 30, 2025 | 94.16 Mn |
| Mar 31, 2025 | 85.50 Mn |
| Mar 31, 2025 | 85.50 Mn |
| Dec 31, 2024 | 90.97 Mn |
| Dec 31, 2024 | 90.97 Mn |
| Sep 30, 2024 | 85.94 Mn |
| Sep 30, 2024 | 85.94 Mn |
| Jun 30, 2024 | 79.15 Mn |
| Jun 30, 2024 | 79.15 Mn |
| Mar 31, 2024 | 74.73 Mn |
| Mar 31, 2024 | 74.73 Mn |
| Dec 31, 2023 | 79.32 Mn |
| Dec 31, 2023 | 79.32 Mn |
| Sep 30, 2023 | 71.27 Mn |
| Sep 30, 2023 | 71.27 Mn |