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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |