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FINV

FinVolution Group

FINV

FinVolution Group • NYSE
$4.99 ▼ -0.99% (-0.05)
Market Cap $1.25 B
52w High $11.08
52w Low $4.70
Dividend Yield 0.28%
P/E 3.33
Volume 3.79M
Outstanding Shares 250.71M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.487B ▼ $1.997B ▼ $624.289M ▼ 17.905% ▼ $2.5 ▼ $732.2M ▼
Q2-2025 $3.578B ▲ $2.088B ▲ $746.997M ▲ 20.878% ▼ $2.9 ▼ $865.93M ▼
Q1-2025 $3.481B ▲ $1.977B ▲ $746.406M ▲ 21.442% ▲ $2.95 ▲ $906.026M ▲
Q4-2024 $3.457B ▲ $1.94B ▼ $680.705M ▲ 19.692% ▲ $2.6 ▲ $787.92M ▲
Q3-2024 $3.276B $2.113B $623.595M 19.035% $2.35 $560.225M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $7.036B ▼ $26.291B ▲ $9.576B ▲ $16.398B ▲
Q2-2025 $7.892B ▼ $25.647B ▲ $9.505B ▲ $15.797B ▲
Q1-2025 $8.462B ▲ $24.43B ▲ $8.634B ▲ $15.455B ▲
Q4-2024 $7.505B ▼ $23.607B ▲ $8.053B ▲ $15.204B ▲
Q3-2024 $8.97B $22.779B $7.892B $14.526B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $624.289M ▼ $871.725M ▲ $-1.194B ▼ $-123.53M ▼ $-464.986M ▼ $871.725M ▲
Q2-2025 $746.997M ▲ $8.627M ▼ $-1.025B ▼ $658.029M ▲ $-352.673M ▼ $8.627M ▼
Q1-2025 $737.641M ▲ $522.335M ▲ $365.196M ▲ $-198.331M ▼ $677.935M ▲ $512.408M ▲
Q4-2024 $680.705M ▲ $155.397M ▼ $-748.087M ▲ $401.946M ▲ $-185.338M ▲ $127.64M ▼
Q3-2024 $0 $1.578B $-1.896B $-253.744M $-544.319M $1.578B

Five-Year Company Overview

Income Statement

Income Statement FinVolution’s business has grown steadily over the past five years, with revenue and gross profit moving up year after year. The company remains clearly profitable, and earnings to shareholders have held at a solid level. One watchpoint is that operating profit was stronger in the prior couple of years than in the most recent year, suggesting higher costs or heavier investment are pressuring margins a bit. Overall, though, this is a mature, profit-making fintech platform rather than a cash-burning growth story.

Balance Sheet

Balance Sheet The balance sheet looks conservative and resilient. Total assets and shareholders’ equity have been climbing consistently, which usually reflects retained profits being reinvested. The company carries very little financial debt and holds a meaningful cash position, giving it flexibility and a cushion against credit or regulatory shocks. Low leverage is a key strength in a lending-related business, since it reduces refinancing risk and offers room to maneuver in downturns.

Cash Flow

Cash Flow Cash generation has improved markedly in the last couple of years. Operating cash flow and free cash flow are both clearly positive now, a contrast to the much weaker figures a few years ago. Capital spending needs are modest, consistent with an asset‑light, technology‑driven model. That said, the history shows that cash flows can be choppy, likely due to working capital swings and changes in funding or loan origination volumes, so they should be monitored over time rather than judged on a single year.

Competitive Edge

Competitive Edge FinVolution operates in a highly competitive and tightly regulated part of financial services, but it has carved out a defensible position. Its edge comes mainly from technology: advanced risk models, automated marketing, and a strong track record working with institutional funding partners. A very large user base feeds its data advantage, reinforcing its algorithms over time. However, the moat is better viewed as “narrow but strengthening” rather than unassailable. Competition from other fintech platforms, big tech firms, and traditional banks, along with evolving regulations in China and overseas markets, remains an ongoing challenge.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point for the company. FinVolution invests steadily in research and development, especially in artificial intelligence and big data. Its in‑house platforms for credit scoring, fraud detection, automated marketing, and multilingual customer service are sophisticated and tightly integrated into operations. The firm is also experimenting with new products such as buy‑now‑pay‑later and small‑business solutions, tailored to each local market. This innovation agenda supports efficiency and differentiation, but it also means continual execution risk and ongoing R&D spending that needs to translate into sustainable economic benefits.

Summary

Overall, FinVolution combines steady growth, consistent profitability, and a very solid balance sheet with a strong emphasis on technology and data. The business now generates healthy free cash flow and operates with minimal debt, which provides resilience. Its core strengths lie in AI‑driven underwriting, automated operations, and an expanding international footprint, especially in emerging markets. Key uncertainties include margin pressure from competition and marketing spend, credit‑cycle and regulatory risk in multiple jurisdictions, and the challenge of scaling new markets while keeping asset quality under control. The picture is of a profitable, tech‑enabled lender with meaningful strengths and some clear execution and regulatory risks to keep in view, rather than an early‑stage speculative fintech.

NEWS

November 19, 2025 · 5:00 PM UTC

FinVolution Group Reports Third Quarter 2025 Unaudited Financial Results

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November 12, 2025 · 4:00 AM UTC

FinVolution Group to Report Third Quarter 2025 Financial Results on Wednesday, November 19, 2025

Read more