FinVolution (FVGPY) Operating Expenses (2016 - 2025)

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

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

FinVolution (FVGPY) has reported Operating Expenses for 10 consecutive years, with -$363.4 million the latest figure, recorded in 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 came in at -$363.4 million for Q4 2025 at FinVolution, up from -$386.9 million in the prior quarter.
  • The five-year high for Operating Expenses was -$222.4 million in Q1 2021, with the low at -$387.0 million in Q3 2024.
  • Average Operating Expenses over 5 years is -$335.9 million, with a median of -$352.1 million recorded in 2022.
  • The largest YoY upside for Operating Expenses was 4.59% in 2021 against a maximum downside of 71.3% in 2021.
  • Year by year, Operating Expenses stood at -$302.0 million in 2021, then declined by 16.82% to -$352.8 million in 2022, then decreased by 8.23% to -$381.8 million in 2023, then advanced by 4.24% to -$365.6 million in 2024, then gained by 0.61% to -$363.4 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$363.4 million, -$386.9 million, and -$385.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
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