Jiayin (JFIN) Research & Development (2018 - 2025)

Jiayin has disclosed Research & Development across 8 years of filings, most recently posting -$17.4 million for Q4 2025.

• Research & Development for Q4 2025 came in at -$17.4 million, down 26.73% year-over-year; the trailing twelve-month figure through Dec 2025 was -$60.0 million (down 15.94% YoY), and the FY2025 annual result was $61.1 million, up 19.7% from the prior year.
• Research & Development came in at -$17.4 million for Q4 2025 at Jiayin, down from -$15.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of -$4.3 million in Q1 2021 to a low of -$17.4 million in Q4 2025.
• The 5-year median for Research & Development is -$9.5 million (2023), against an average of -$10.4 million.
• Across the five-year window, Research & Development advanced 16.43% in 2021 and slumped 63.45% in 2022, its largest moves.
• Jiayin's Research & Development stood at -$7.3 million in 2021, then dropped by 27.8% to -$9.3 million in 2022, then plunged by 40.09% to -$13.1 million in 2023, then slipped by 5.13% to -$13.8 million in 2024, then declined by 26.73% to -$17.4 million in 2025.
• The last three Research & Development figures came in at -$17.4 million (Q4 2025), -$15.3 million (Q3 2025), and -$15.1 million (Q2 2025), per Business Quant data.