FinVolution (FINV) Operating Expenses (2016 - 2025)
FinVolution (FINV) posted quarterly Operating Expenses of -$363.4 million for Q4 2025, up 0.61% year-over-year from -$361.2 million in Q4 2024, and up 6.09% on a QoQ basis from -$386.9 million in Q3 2025.
FinVolution (FINV) Operating Expenses (2016 - 2025) Analysis & Trends
FinVolution (FINV) has reported Operating Expenses for 10 consecutive years, with -$363.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 0.61% year-over-year to -$363.4 million; the TTM figure through Dec 2025 stood at -$1.5 billion (down 2.11% YoY), while the FY2025 annual figure was $1.5 billion, up 5.62% from the prior year.
- Operating Expenses came in at -$363.4 million for Q4 2025 at FinVolution, up from -$386.9 million in the prior quarter.
- The five-year high for Operating Expenses was -$222.4 million in Q1 2021, with the low at -$387.0 million in Q3 2024.
- Average Operating Expenses over 5 years is -$335.9 million, with a median of -$352.1 million recorded in 2022.
- The largest YoY upside for Operating Expenses was 4.59% in 2021 against a maximum downside of 71.3% in 2021.
- Year by year, Operating Expenses stood at -$302.0 million in 2021, then declined by 16.82% to -$352.8 million in 2022, then decreased by 8.23% to -$381.8 million in 2023, then advanced by 4.24% to -$365.6 million in 2024, then gained by 0.61% to -$363.4 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$363.4 million, -$386.9 million, and -$385.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 66.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -363.39 Mn |
| Sep 30, 2025 | -386.95 Mn |
| Jun 30, 2025 | -385.62 Mn |
| Mar 31, 2025 | -357.99 Mn |
| Dec 31, 2024 | -365.62 Mn |
| Sep 30, 2024 | -387.00 Mn |
| Jun 30, 2024 | -359.08 Mn |
| Mar 31, 2024 | -351.32 Mn |
| Dec 31, 2023 | -381.81 Mn |
| Sep 30, 2023 | -362.41 Mn |
| Jun 30, 2023 | -344.80 Mn |
| Mar 31, 2023 | -336.12 Mn |
| Dec 31, 2022 | -352.78 Mn |
| Sep 30, 2022 | -324.96 Mn |
| Jun 30, 2022 | -299.98 Mn |
| Mar 31, 2022 | -294.16 Mn |
| Dec 31, 2021 | -302.00 Mn |
| Sep 30, 2021 | -278.62 Mn |
| Jun 30, 2021 | -260.11 Mn |
| Mar 31, 2021 | -222.41 Mn |