FinVolution FINV
NYSE FINV
$3.32 -0.06 (-1.78%)
At close: Sep 18, 2026 · 4:00 PM EDT

FinVolution (FINV) Research & Development (2016 - 2026)

FinVolution (FINV) posted Research & Development of -$17.5 million for Q2 2026, up 3.62% on a QoQ basis from -$18.2 million in Q1 2026, and up 2.64% year-over-year from -$17.1 million in Q2 2025.

Analysis

FinVolution (FINV) Research & Development (2016 - 2026) Analysis & Trends

FinVolution has reported Research & Development for 11 years, with the latest figure at -$17.5 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 2.64% year-over-year to -$17.5 million in Q2 2026; TTM through Jun 2026 was -$75.6 million, a 6.08% decrease from a year earlier, with the FY2025 full-year figure at -$76.7 million, down 12.76% from the prior year.
  • Research & Development was -$17.5 million for Q2 2026 at FinVolution, up from -$18.2 million in the prior quarter.
  • The five-year high for Research & Development was -$16.4 million in Q2 2024, with the low at -$20.4 million in Q4 2025.
  • Average Research & Development over 5 years is -$18.0 million, with a median of -$17.9 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Research & Development retreated 23.87% in 2022, then advanced 9.86% in 2023.
  • Over 5 years, Research & Development stood at -$19.9 million in 2022, then climbed by 9.86% to -$18.0 million in 2023, then increased by 3.76% to -$17.3 million in 2024, then decreased by 17.87% to -$20.4 million in 2025, then climbed by 14.02% to -$17.5 million in 2026.
  • The last three Research & Development figures came in at -$17.5 million (Q2 2026), -$18.2 million (Q1 2026), and -$20.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 114.51 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 17.35 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - 58.49 Mn
4 FinVolution 836.54 Mn -90.46 Mn - -17.53 Mn
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn -
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 2.92 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 8.68 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -21.62 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -13.89 Mn
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 1.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -17.53 Mn
Mar 31, 2026 -18.19 Mn
Dec 31, 2025 -20.39 Mn
Sep 30, 2025 -19.53 Mn
Jun 30, 2025 -18.00 Mn
Mar 31, 2025 -17.37 Mn
Dec 31, 2024 -17.30 Mn
Sep 30, 2024 -18.63 Mn
Jun 30, 2024 -16.41 Mn
Mar 31, 2024 -16.69 Mn
Dec 31, 2023 -17.97 Mn
Sep 30, 2023 -18.17 Mn
Jun 30, 2023 -17.18 Mn
Mar 31, 2023 -18.38 Mn
Dec 31, 2022 -19.94 Mn
Sep 30, 2022 -17.66 Mn
Jun 30, 2022 -17.31 Mn
Mar 31, 2022 -17.73 Mn
Dec 31, 2021 -20.70 Mn
Sep 30, 2021 -16.22 Mn