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| Date | Value |
|---|---|
| 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 |