Jiayin (JFIN) Cost of Revenue (2018 - 2023)
Jiayin's (JFIN) quarterly Cost of Revenue came in at $74.6 million in Q3 2023, up 257.47% year-over-year from $20.9 million in Q3 2022, and up 52.02% quarter-over-quarter from $49.1 million in Q2 2023.
Analysis
Jiayin (JFIN) Cost of Revenue (2018 - 2023) Analysis & Trends
Jiayin has disclosed Cost of Revenue across 6 years of filings, most recently posting $74.6 million for Q3 2023.
- In Q3 2023, Cost of Revenue rose 257.47% year-over-year to $74.6 million; the TTM figure through Sep 2023 stood at $191.9 million (up 249.37% YoY), while the FY2022 annual figure was $82.0 million, up 3276.6% from the prior year.
- Cost of Revenue came in at $74.6 million for Q3 2023 at Jiayin, up from $49.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $74.6 million in Q3 2023 to a low of $169000.0 in Q4 2021.
- Average Cost of Revenue over 5 years is $18.7 million, with a median of $14.1 million recorded in 2019.
- Year-over-year, Cost of Revenue slumped 98.3% in 2021 and soared 16637.87% in 2022.
- Over 5 years, Cost of Revenue stood at $11.3 million in 2019, then decreased by 11.66% to $9.9 million in 2020, then tumbled by 98.3% to $169000.0 in 2021, then soared by 16637.87% to $28.3 million in 2022, then jumped by 163.71% to $74.6 million in 2023.
- Per Business Quant data, the three most recent Cost of Revenue figures were $74.6 million in Q3 2023, $49.1 million in Q2 2023, and $39.9 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 61.32 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 218.72 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 62.05 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 4.85 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 8.95 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 71.40 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 269,558.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 74.60 Mn |
| Jun 30, 2023 | 49.07 Mn |
| Mar 31, 2023 | 39.93 Mn |
| Dec 31, 2022 | 28.29 Mn |
| Sep 30, 2022 | 20.87 Mn |
| Jun 30, 2022 | 19.15 Mn |
| Mar 31, 2022 | 14.73 Mn |
| Dec 31, 2021 | 169,000.00 |
| Sep 30, 2021 | 1.46 Mn |
| Jun 30, 2021 | 772,000.00 |
| Mar 31, 2021 | 9.78 Mn |
| Dec 31, 2020 | 9.94 Mn |
| Sep 30, 2020 | 8.76 Mn |
| Jun 30, 2020 | 7.21 Mn |
| Mar 31, 2020 | 9.03 Mn |
| Dec 31, 2019 | 11.25 Mn |
| Sep 30, 2019 | 14.15 Mn |
| Jun 30, 2019 | 18.60 Mn |
| Mar 31, 2019 | 17.65 Mn |
| Dec 31, 2018 | 17.01 Mn |