FinVolution (FINV) Cost of Revenue (2016 - 2025)

FinVolution's Cost of Revenue history runs 10 years deep, the most recent figure standing at $121.2 million for 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 was $121.2 million for Q4 2025 at FinVolution, up from $106.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $121.2 million in Q4 2025 to a low of $51.0 million in Q1 2021.
• Historically, Cost of Revenue has averaged $80.1 million across 5 years, with a median of $78.8 million in 2022.
• The sharpest annual moves came in 2021 and 2023: Cost of Revenue surged 675.79% in 2021, then retreated 10.02% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $80.7 million in 2021, then dropped by 7.27% to $74.8 million in 2022, then advanced by 5.97% to $79.3 million in 2023, then grew by 14.69% to $91.0 million in 2024, then jumped by 33.2% to $121.2 million in 2025.
• The last three Cost of Revenue figures came in at $121.2 million (Q4 2025), $106.5 million (Q3 2025), and $94.2 million (Q2 2025), per Business Quant data.