FinVolution (FINV) Operating Expenses (2016 - 2026)
FinVolution (FINV) posted Operating Expenses of -$423.6 million for Q2 2026, down 9.71% on a QoQ basis from -$386.1 million in Q1 2026, and down 9.84% year-over-year from -$469.8 million in Q2 2025.
Analysis
FinVolution (FINV) Operating Expenses (2016 - 2026) Analysis & Trends
FinVolution has reported Operating Expenses for 11 years, with the latest figure at -$423.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 9.84% year-over-year to -$423.6 million in Q2 2026; TTM through Jun 2026 was -$1.6 billion, a 4.26% decrease from a year earlier, with the FY2025 full-year figure at -$1.5 billion, down 5.62% from the prior year.
- Operating Expenses was -$423.6 million for Q2 2026 at FinVolution, down from -$386.1 million in the prior quarter.
- The five-year high for Operating Expenses was -$294.2 million in Q1 2022, with the low at -$423.6 million in Q2 2026.
- Average Operating Expenses over 5 years is -$359.1 million, with a median of -$360.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses tumbled 32.26% in 2022, then rose 4.24% in 2024.
- Over 5 years, Operating Expenses stood at -$352.8 million in 2022, then fell by 8.23% to -$381.8 million in 2023, then rose by 4.24% to -$365.6 million in 2024, then increased by 0.61% to -$363.4 million in 2025, then decreased by 16.56% to -$423.6 million in 2026.
- The last three Operating Expenses figures came in at -$423.6 million (Q2 2026), -$386.1 million (Q1 2026), and -$363.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 350.07 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 281.24 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 354.54 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -423.57 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 117.70 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 16.27 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 26.46 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | -88.58 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -144.96 Mn |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 37.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -423.57 Mn |
| Mar 31, 2026 | -386.09 Mn |
| 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 |