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% quarter-over-quarter from $106.5 million in Q3 2025.
FinVolution (FINV) Cost of Revenue (2016 - 2025) Analysis & Trends
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 for Q4 2025 stood at $121.2 million, 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.
- The 5-year median for Cost of Revenue is $78.8 million (2022), against an average of $81.1 million.
- The sharpest annual moves came in 2021 and 2023: Cost of Revenue jumped 82.83% in 2021, then fell 10.02% in 2023.
- FinVolution's Cost of Revenue stood at $80.7 million in 2021, then slipped by 7.27% to $74.8 million in 2022, then gained by 5.97% to $79.3 million in 2023, then climbed by 14.69% to $91.0 million in 2024, then soared by 33.2% to $121.2 million in 2025.
- Business Quant data shows FINV's Cost of Revenue at $121.2 million in Q4 2025, $106.5 million in Q3 2025, and $94.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 1.65 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 1.70 Bn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 171.12 Mn |
| 10 | FinVolution | 6.07 Bn | 5.64 Bn | 311.24 Mn | 121.17 Mn |
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 |