NYSE$FINV

FinVolution Group · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

FinVolution Group reported unaudited financial results for the first quarter ended March 31, 2026, with net revenue of RMB 3,210.1 million.

FinVolution Group delivered Q1 2026 results with group net revenue of RMB 3,210.1 million, down year-over-year but up sequentially. Overseas markets contributed 29.6% of revenue with strong growth, while China remained resilient. Net profit was RMB 421.1 million, with continued shareholder returns via dividends and repurchases. Management reiterated FY2026 revenue guidance of RMB 11.5-12.9 billion.

  • Group net revenue RMB 3,210.1 million (US$465.4 million), compared to RMB 3,481.0 million in Q1 2025; overseas revenue up 34.5% YoY to RMB 948.9 million (29.6% of total).
  • Net profit RMB 421.1 million (US$61.0 million), down from RMB 737.6 million YoY; diluted EPS per ADS RMB 1.65 (US$0.24).
  • Total transaction volume RMB 42.6 billion, with China RMB 38.5 billion and overseas RMB 4.1 billion (up 36.7% YoY); unique overseas borrowers up 155.4% YoY.
  • Reiterated full-year 2026 revenue guidance of RMB 11.5 billion to RMB 12.9 billion; continued capital returns with US$39.4 million in Q1 share repurchases and 8th annual dividend.

Headline financials

Total Revenue

¥3.21B

Previous: ¥480M+569.2%
EPS (adj)

¥0.36

Previous: ¥0.41-12.2%
China unique borrowers

1.7M

Previous: 2.2M-22.7%
Average loan size (China)

¥12.1K

Previous: ¥1.45K+736.7%
International transaction volume

¥4.1B

No prior period
Cumulative registered users (China)

190.0M

No prior period
China transaction volume

¥38.5B

No prior period
90-day+ delinquency ratio (China)

3.1%

No prior period
Total transaction volume

¥42.6B

Previous: ¥7.18B+493.2%
International unique borrowers

4.5M

No prior period
Net Income

¥421M

Previous: ¥102M+314.1%
Operating Income

¥547M

Previous: ¥122M+349.3%

Revenue & EPS history

FinVolution · Revenue · Quarterly

¥3.21B

Q1 2026+569.2%vs Q1 2025
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Revenue by segment

FinVolution · ¥3.21B total across 5 segments · Q1 2026

  • Loan facilitation service fees
    ¥1.18B
  • Guarantee income
    ¥886M
  • Net interest income
    ¥485M
  • Post-facilitation service fees
    ¥348M
  • Other revenue
    ¥310M

Forward guidance

Reiterated full-year 2026 revenue guidance of RMB 11.5 billion to RMB 12.9 billion, reflecting near-term regulatory impacts in China while overseas scales.

Tailwinds

  • Overseas revenue up 34.5% YoY with operating profit up 87.7% YoY.
  • Sequential revenue growth of 6.2% and operating profit improvement.
  • Strong capital returns and healthy balance sheet.

Headwinds

  • YoY declines in China transaction volume and net revenue due to regulatory environment.
  • Overall group net profit and operating profit down YoY.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+3.6%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-1.0%

Avg return

30 days after

61%

22 / 36 earnings

Positive

+70.0%

Q4 2020

Best reaction

-23.0%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025+12.2%-17.3%-18.4%
Q3 2025-14.0%-5.4%-6.5%
Q2 2025+5.7%+2.7%-11.4%
Q1 2025-0.1%-0.2%+7.2%
Q4 2024+17.5%+10.1%-21.5%
Q3 2024+4.9%+4.0%+14.6%
Q2 2024-5.0%-8.1%-5.9%
Q1 2024-2.1%-6.6%-9.1%
Q4 2023-4.0%-3.0%-7.3%
Q3 2023-3.6%-9.1%-6.9%
Q2 2023+2.2%+0.2%-2.9%
Q1 2023-3.9%-3.2%+11.5%
Q4 2022-15.1%-17.1%-15.7%
Q3 2022+9.4%-2.7%-0.2%
Q2 2022+6.8%+7.7%+1.4%
Q1 2022+7.4%-4.8%+12.8%
Q4 2021+3.9%+36.7%+20.8%
Q3 2021-6.9%-7.7%-22.1%
Q2 2021+8.8%+5.0%+1.2%
Q1 2021-4.2%-3.2%+21.9%
Q4 2020+70.0%+59.7%+36.8%
Q3 2020+0.5%+0.5%+10.8%
Q2 2020-6.6%-18.8%-34.0%
Q1 2020-0.7%+1.4%+17.6%
Q4 2019+9.2%+16.2%+27.7%
Q3 2019-23.0%-25.1%-18.5%
Q2 2019+0.3%-0.3%-6.5%
Q1 2019+4.4%-12.7%-26.8%
Q4 2018-0.8%-6.9%+7.1%
Q3 2018+13.8%+14.7%-30.9%
Q2 2018+6.0%+10.0%+27.2%
Q1 2018+21.4%+8.1%-9.7%
Q4 2016+1.6%-2.1%+10.0%
Q4 2015+1.6%-2.1%+10.0%
Q4 2017+4.0%-5.7%-12.9%
Q3 2017+7.9%-3.2%-6.7%
Q2 2017
Q1 2017
Q3 2016
Q2 2016
Q1 2016

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