FinVolution (FINV) Research & Development (2016 - 2025)

FinVolution's Research & Development history runs 10 years deep, the most recent figure standing at -$20.4 million for Q4 2025.

• In Q4 2025, Research & Development fell 17.87% year-over-year to -$20.4 million; the TTM figure through Dec 2025 stood at -$75.3 million (down 9.08% YoY), while the FY2025 annual figure was $314.7 million, up 14.03% from the prior year.
• Research & Development for Q4 2025 stood at -$20.4 million, down from -$19.5 million in the prior quarter.
• The five-year high for Research & Development was -$14.3 million in Q1 2021, with the low at -$20.7 million in Q4 2021.
• The 5-year median for Research & Development is -$17.7 million (2022), against an average of -$17.8 million.
• The sharpest annual moves came in 2021 and 2023: Research & Development slumped 37.31% in 2021, then rose 9.86% in 2023.
• FinVolution's Research & Development stood at -$20.7 million in 2021, then increased by 3.68% to -$19.9 million in 2022, then gained by 9.86% to -$18.0 million in 2023, then climbed by 3.76% to -$17.3 million in 2024, then fell by 17.87% to -$20.4 million in 2025.
• Business Quant data shows FINV's Research & Development at -$20.4 million in Q4 2025, -$19.5 million in Q3 2025, and -$18.0 million in Q2 2025.