FinVolution (FVGPY) Gross Margin (2016 - 2025)
FinVolution (FVGPY) recorded quarterly Gross Margin of 71.98% in Q4 2025, down 7.54% quarter-over-quarter from 77.85% in Q3 2025, and down 881.0% on a YoY basis from 9.22% in Q4 2024.
FinVolution (FVGPY) Gross Margin (2016 - 2025) Analysis & Trends
FinVolution's Gross Margin history runs 10 years deep, the most recent figure standing at 71.98% for Q4 2025.
- In Q4 2025, Gross Margin fell 881.0% year-over-year to 71.98%; the TTM figure through Dec 2025 stood at 78.27% (down 314.0% YoY), while the FY2025 annual figure was 76.73%, down 504.0% from the prior year.
- Gross Margin was 71.98% for Q4 2025 at FinVolution, down from 77.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 84.66% in Q3 2021 to a low of 71.98% in Q4 2025.
- Historically, Gross Margin has averaged 81.32% across 5 years, with a median of 82.17% in 2024.
- The sharpest annual moves came in 2021 and 2022: Gross Margin tumbled 1546 bps in 2021, then surged 408 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 78.99% in 2021, then grew by 5 bps to 83.07% in 2022, then decreased by 1 bps to 82.53% in 2023, then decreased by 2 bps to 80.79% in 2024, then decreased by 11 bps to 71.98% in 2025.
- The last three Gross Margin figures came in at 71.98% (Q4 2025), 77.85% (Q3 2025), and 80.37% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 92.17% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 93.80% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 78.22% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 94.24% |
| 10 | FinVolution | - | - | 311.24 Mn | 71.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 71.98% |
| Sep 30, 2025 | 77.85% |
| Jun 30, 2025 | 80.37% |
| Mar 31, 2025 | 82.18% |
| Dec 31, 2024 | 80.79% |
| Sep 30, 2024 | 79.89% |
| Jun 30, 2024 | 82.16% |
| Mar 31, 2024 | 82.95% |
| Dec 31, 2023 | 82.53% |
| Sep 30, 2023 | 84.46% |
| Jun 30, 2023 | 83.22% |
| Mar 31, 2023 | 83.20% |
| Dec 31, 2022 | 83.07% |
| Sep 30, 2022 | 83.34% |
| Jun 30, 2022 | 80.13% |
| Mar 31, 2022 | 79.66% |
| Dec 31, 2021 | 78.99% |
| Sep 30, 2021 | 84.66% |
| Jun 30, 2021 | 80.85% |
| Mar 31, 2021 | 84.18% |