FinVolution Group · Q3 2025 earnings

Briefing

FinVolution grew Q3 revenue 6.4% to RMB3.49B as international business hit 25% of sales

FinVolution Group reported third quarter 2025 net revenue of RMB3,486.6 million, up 6.4% year over year, with net profit of RMB640.7 million (+2.7%). International revenue reached RMB873.3 million, up 37.4% and representing 25.0% of total net revenue, while China transaction volume declined 3.8% to RMB47.6 billion amid a dynamic regulatory backdrop. Non-GAAP adjusted operating income was RMB769.8 million and diluted net profit per ADS was RMB2.34. The company held RMB7.0 billion in cash and short-term investments with a 2.4x leverage ratio and had repurchased US$66.5 million of ADSs year to date.

• Q3 net revenue rose 6.4% to RMB3,486.6 million; net profit increased 2.7% to RMB640.7 million.
• International revenue grew 37.4% to RMB873.3 million, reaching a record 25.0% of total revenue.
• China transaction volume was RMB47.6 billion (-3.8% YoY) with outstanding loan balance up 12.5% to RMB74.8 billion.
• Non-GAAP adjusted operating income was RMB769.8 million; diluted EPS was RMB0.47 (RMB2.34 per ADS).
• Full-year 2025 revenue guidance trimmed to RMB13.1–13.7 billion (0–5% growth) due to near-term China regulatory uncertainty.

Headline financials

Revenue & EPS history

FinVolution expects full-year 2025 total revenue of approximately RMB13.1 billion to RMB13.7 billion, representing 0% to 5% year-over-year growth, reflecting near-term uncertainty from recent regulatory changes in China.