FinVolution (FVGPY) Operating Expenses (2016 - 2025)

FinVolution (FVGPY) recorded quarterly Operating Expenses of -$363.4 million in Q4 2025, up 6.09% quarter-over-quarter from -$386.9 million in Q3 2025, and up 0.61% on a YoY basis from -$361.2 million in Q4 2024.

FinVolution (FVGPY) Operating Expenses (2016 - 2025) Analysis & Trends

FinVolution's Operating Expenses history runs 10 years deep, the most recent figure standing at -$363.4 million for Q4 2025.

  • In Q4 2025, Operating Expenses rose 0.61% year-over-year to -$363.4 million; the TTM figure through Dec 2025 stood at -$1.5 billion (down 2.11% YoY), while the FY2025 annual figure was $1.5 billion, up 5.62% from the prior year.
  • Operating Expenses was -$363.4 million for Q4 2025 at FinVolution, up from -$386.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$222.4 million in Q1 2021 to a low of -$387.0 million in Q3 2024.
  • Historically, Operating Expenses has averaged -$335.9 million across 5 years, with a median of -$352.1 million in 2022.
  • Biggest YoY gain for Operating Expenses was 4.59% in 2021; the steepest drop was 71.3% in 2021.
  • A 5-year view of Operating Expenses shows it stood at -$302.0 million in 2021, then decreased by 16.82% to -$352.8 million in 2022, then declined by 8.23% to -$381.8 million in 2023, then increased by 4.24% to -$365.6 million in 2024, then grew by 0.61% to -$363.4 million in 2025.
  • The last three Operating Expenses figures came in at -$363.4 million (Q4 2025), -$386.9 million (Q3 2025), and -$385.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 FinVolution - - 311.24 Mn -363.39 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -260.11 Mn
Mar 31, 2021 -222.41 Mn