Earnings ·
FinVolution Group reported unaudited financial results for the second quarter ended June 30, 2026
FINVFinVolution Group
FinVolution Group reported unaudited financial results for the second quarter ended June 30, 2026. Total net revenue decreased 4.9% year-over-year to RMB3,403.2 million (US$501.6 million), while net profit fell 43.2% to RMB426.8 million (US$62.9 million). Diluted net profit per ADS declined to RMB1.80 from RMB2.82 in the prior year period. Transaction volume contracted 17.0% to RMB44.8 billion, driven by a 19.3% drop in Chinese Mainland markets, though overseas volumes grew 18.8%. The company repurchased US$27.4 million of shares during the quarter and maintains full-year revenue guidance of RMB11.5 billion to RMB12.9 billion. FinVolution Group operates as a fintech platform connecting borrowers with financial institutions in China and overseas markets.