Jiayin (JFIN) Research & Development (2018 - 2026)
Jiayin's (JFIN) quarterly Research & Development came in at -$13.9 million in Q2 2026, up 8.25% year-over-year from -$12.8 million in Q2 2025, and up 12.73% quarter-over-quarter from -$15.9 million in Q1 2026.
Analysis
Jiayin (JFIN) Research & Development (2018 - 2026) Analysis & Trends
Jiayin has disclosed Research & Development across 9 years of filings, most recently posting -$13.9 million for Q2 2026.
- In Q2 2026, Research & Development rose 8.25% year-over-year to -$13.9 million; the TTM figure through Jun 2026 stood at -$62.5 million (down 14.26% YoY), while the FY2025 annual figure was -$61.1 million, down 19.7% from the prior year.
- Research & Development came in at -$13.9 million for Q2 2026 at Jiayin, up from -$15.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$6.6 million in Q1 2022 to a low of -$17.4 million in Q4 2025.
- Average Research & Development over 5 years is -$11.9 million, with a median of -$12.5 million recorded in 2024.
- Year-over-year, Research & Development sank 63.45% in 2022 and rose 8.25% in 2026.
- Over 5 years, Research & Development stood at -$9.3 million in 2022, then slumped 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, then grew by 20.34% to -$13.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$13.9 million in Q2 2026, -$15.9 million in Q1 2026, and -$17.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 114.51 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 17.35 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 58.49 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -17.53 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | - |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.92 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 8.68 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | -21.62 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -13.89 Mn |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 1.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.89 Mn |
| Mar 31, 2026 | -15.91 Mn |
| Dec 31, 2025 | -17.44 Mn |
| Sep 30, 2025 | -15.27 Mn |
| Jun 30, 2025 | -15.14 Mn |
| Mar 31, 2025 | -12.14 Mn |
| Dec 31, 2024 | -13.76 Mn |
| Sep 30, 2024 | -13.67 Mn |
| Jun 30, 2024 | -12.77 Mn |
| Mar 31, 2024 | -11.53 Mn |
| Dec 31, 2023 | -13.09 Mn |
| Sep 30, 2023 | -9.67 Mn |
| Jun 30, 2023 | -9.39 Mn |
| Mar 31, 2023 | -9.43 Mn |
| Dec 31, 2022 | -9.34 Mn |
| Sep 30, 2022 | -7.92 Mn |
| Jun 30, 2022 | -8.08 Mn |
| Mar 31, 2022 | -6.59 Mn |
| Dec 31, 2021 | -7.31 Mn |
| Sep 30, 2021 | -5.76 Mn |