FinVolution Group (FINV) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FINV SEC filings page.
FinVolution Group (FINV) reported $1.9B in revenue for fiscal year 2025, up 8.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FinVolution converts accounting profit into cash, but FY2025’s weaker cash conversion matters more than its reported earnings growth.
Cash conversion weakened: operating cash flow as a share of net income fell from121.4% in FY2024 to73.5% in FY2025, despite higher net income. Free cash flow fell from$393M in FY2024 to$255M in FY2025 even though capital spending remained a small share of revenue, pointing toward operating cash timing or working-capital movement rather than heavy reinvestment.
The business has an equity-funded balance-sheet posture: FY2025 liabilities were
FY2025 produced
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of FinVolution Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FinVolution Group's revenue grew 8.4% year-over-year to $1.9B, a solid pace of expansion. This earns a growth score of 48/100.
FinVolution Group carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.
Not available for FinVolution Group, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
FinVolution Group converts 13.1% of revenue into free cash flow ($255.0M). This strong cash generation earns a score of 77/100.
Not available for FinVolution Group, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
FinVolution Group passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, FinVolution Group generates $0.73 in operating cash flow ($267.1M OCF vs $363.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
FinVolution Group generated $1.9B in revenue in fiscal year 2025. This represents an increase of 8.4% from the prior year.
FinVolution Group reported $363.6M in net income in fiscal year 2025. This represents an increase of 11.4% from the prior year.
FinVolution Group earned $0.27 per diluted share (EPS) in fiscal year 2025. This represents an increase of 10.7% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
FinVolution Group generated $255.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 35.0% from the prior year.
FinVolution Group held $612.8M in cash against $12.8M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
FinVolution Group's net profit margin was 18.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.5 percentage points from the prior year.
FinVolution Group's ROE was 15.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
FinVolution Group invested $76.7M in research and development in fiscal year 2025. This represents an increase of 12.8% from the prior year.
FinVolution Group spent $109.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 24.5% from the prior year.
FinVolution Group invested $12.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 216.6% from the prior year.
FINV Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B+8.4% | $1.8B+1.3% | $1.8B+9.5% | $1.6B+8.6% | $1.5B+28.2% | $1.2B+35.3% | $856.5M+29.6% | $660.8M+9.5% | $603.6M+244.7% | $175.1M+479.6% | $30.2M |
| R&D Expenses | $76.7M+12.8% | $68.1M-5.4% | $72.0M+1.0% | $71.3M+4.4% | $68.2M+20.3% | $56.7M+1.1% | $56.1M+21.3% | $46.2M+82.5% | $25.3M | N/A | N/A |
| SG&A Expenses | $377.9M+13.6% | $332.6M+3.7% | $320.8M+6.0% | $302.6M-8.3% | $329.9M+128.1% | $144.7M-12.9% | $166.1M+4.4% | $159.1M-14.6% | $186.3M+118.9% | $85.1M+128.3% | $37.3M |
| Interest Expense | $4.1M+53.4% | $2.7M-64.5% | $7.5M-64.7% | $21.2M+83.1% | $11.6M-66.9% | $35.0M+3.4% | $33.8M+287.3% | $8.7M+264.5% | $2.4M-8.5% | $2.6M+10574.3% | $25K |
| Income Tax | $79.5M+26.9% | $62.7M+12.6% | $55.6M-15.6% | $65.9M+74.5% | $37.8M-45.9% | $69.8M+0.8% | $69.2M+214.8% | $22.0M-47.9% | $42.2M+507.3% | $7.0M+931.9% | $674K |
| Net Income | $363.6M+11.4% | $326.5M-1.0% | $329.7M+0.3% | $328.6M-16.5% | $393.7M+30.2% | $302.3M-11.3% | $340.8M-5.1% | $359.1M+115.7% | $166.5M+130.4% | $72.2Mn/m | -$11.1M |
| EPS (Basic) | $0.29+14.0% | $0.25+5.8% | $0.24+3.2% | $0.23-16.5% | $0.28+35.2% | $0.21-8.3% | $0.22-6.6% | $0.24 | -$0.39n/m | -$0.01n/m | -$0.04 |
| EPS (Diluted) | $0.27+10.7% | $0.25+5.4% | $0.24+4.0% | $0.23-14.7% | $0.27+31.1% | $0.20-8.0% | $0.22-1.9% | $0.22 | -$0.39n/m | -$0.01n/m | -$0.04 |
| Diluted Shares (Avg) | 1.33B+1.1% | 1.32B-5.9% | 1.40B-3.5% | 1.45B-1.9% | 1.48B-0.6% | 1.49B-3.9% | 1.55B-2.9% | 1.60B | 780M+17.3% | 665M | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Operating Income, EBITDA.
FINV Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.6B+12.4% | $3.2B+7.8% | $3.0B-3.3% | $3.1B+8.9% | $2.8B+24.8% | $2.3B-13.3% | $2.6B+37.6% | $1.9B+44.6% | $1.3B+327.6% | $309.3M | N/A |
| Cash & Equivalents | $612.8M-4.3% | $640.2M-8.5% | $699.9M+32.8% | $527.2M-24.0% | $693.3M+71.9% | $403.4M+20.8% | $333.9M+42.0% | $235.1M-19.1% | $290.7M+398.7% | $58.3M+308.2% | $14.3M |
| Short-Term Investments | $431.2M+11.1% | $388.0M-7.0% | $417.0M-16.1% | $496.9M+162.8% | $189.1M-37.4% | $302.1M+1735.6% | $16.5M-93.3% | $246.5M-18.1% | $301.1M+704.0% | $37.4M | N/A |
| Accounts Receivable | $290.1M-12.0% | $329.6M+6.0% | $311.1M-3.2% | $321.5M+8.4% | $296.7M+124.1% | $132.4M+4.5% | $126.7M+7.3% | $118.1M+4223.6% | $2.7M+33.6% | $2.0M | N/A |
| Long-Term Investments | $163.3M+1.6% | $160.7M+0.5% | $159.9M+1.7% | $157.2M+3.1% | $152.4M+4.6% | $145.7M+6.4% | $136.9M+461.8% | $24.4M+1195.6% | $1.9M | N/A | N/A |
| Goodwill | $11.4M+65.1% | $6.9M-2.7% | $7.1M-2.9% | $7.3M-7.6% | $7.9M+2.4% | $7.7M+6.7% | $7.2M-1.2% | $7.3M-5.4% | $7.7M | N/A | N/A |
| Total Liabilities | $1.2B+11.1% | $1.1B+5.5% | $1.0B-19.3% | $1.3B+11.2% | $1.2B+17.9% | $988.8M-33.1% | $1.5B+42.0% | $1.0B+37.6% | $756.4M+103.1% | $372.4M | N/A |
| Long-Term Debt | $12.8M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.4B+13.6% | $2.1B+7.6% | $1.9B+8.0% | $1.8B+7.3% | $1.7B+30.5% | $1.3B+12.3% | $1.1B+32.5% | $861.6M+54.8% | $556.7Mn/m | -$63.1M | N/A |
| Retained Earnings | $1.7B+23.2% | $1.4B+18.8% | $1.2B+25.0% | $942.0M+28.0% | $736.1M+81.1% | $406.4M+43.9% | $282.5M+4152.9% | $6.6Mn/m | -$368.7Mn/m | -$53.2M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Non-Current Liabilities.
FINV Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $267.1M-32.6% | $396.4M+106.8% | $191.7M+458.0% | $34.3M-65.3% | $98.9M-70.8% | $338.2Mn/m | -$31.0M-111.3% | $274.2M-47.7% | $524.0M+234.3% | $156.7Mn/m | -$29.6M |
| Depreciation & Amortization | $9.5M-0.1% | $9.5M+200.2% | $3.2M-8.2% | $3.5M-40.9% | $5.8M-26.3% | $7.9M-4.3% | $8.3M+35.2% | $6.1M+76.9% | $3.5M+99.1% | $1.7M+246.7% | $502K |
| Stock-Based Compensation | $21.3M+8.0% | $19.7M+20.4% | $16.4M+27.0% | $12.9M-13.6% | $14.9M+131.2% | $6.5M+6.5% | $6.1M-17.1% | $7.3M-55.1% | $16.3Mn/m | $0 | N/A |
| Capital Expenditures | $12.0M+216.6% | $3.8M-95.0% | $75.8M+890.5% | $7.7M-11.8% | $8.7M+413.7% | $1.7M-75.8% | $7.0M-42.5% | $12.2M-13.0% | $14.0M+225.4% | $4.3M+58.5% | $2.7M |
| Free Cash Flow | $255.0M-35.0% | $392.6M+238.7% | $115.9M+334.1% | $26.7M-70.4% | $90.2M-73.2% | $336.5Mn/m | -$37.9M-114.5% | $262.0M-48.6% | $510.1M+234.6% | $152.4Mn/m | -$32.3M |
| Investing Cash Flow | -$312.3Mn/m | -$314.5M-258.2% | $198.9Mn/m | -$225.2M-171.9% | $313.0M+96.1% | $159.6Mn/m | -$119.0Mn/m | -$210.5Mn/m | -$376.7Mn/m | -$98.5M | N/A |
| Financing Cash Flow | -$27.8Mn/m | -$85.3Mn/m | -$352.8Mn/m | -$110.8Mn/m | -$37.6Mn/m | -$473.8M-288.5% | $251.3M+225.9% | $77.1M-76.5% | $327.8M+418.8% | $63.2M | N/A |
| Dividends Paid | $73.0M+20.7% | $60.5M-0.3% | $60.6M+12.2% | $54.0M+8.4% | $49.8M+23.4% | $40.4M-28.0% | $56.1M | N/A | N/A | N/A | N/A |
| Share Buybacks | $109.7M+24.5% | $88.1M-9.9% | $97.8M+98.0% | $49.4M+1111.4% | $4.1M-93.0% | $58.2M+859.0% | $6.1M-90.8% | $65.8M | N/A | N/A | N/A |
FINV Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 18.7%+0.5pp | 18.2%-0.4pp | 18.7%-1.7pp | 20.4%-6.1pp | 26.5%+0.4pp | 26.1%-13.7pp | 39.8%-14.6pp | 54.3%+26.8pp | 27.6%-13.7pp | 41.3%+78.1pp | -36.9% |
| Return on Equity | 15.4%-0.3pp | 15.7%-1.4pp | 17.0%-1.3pp | 18.3%-5.2pp | 23.5%0.0pp | 23.6%-6.3pp | 29.8%-11.8pp | 41.7%+11.8pp | 29.9% | N/A | N/A |
| Return on Assets | 10.0%-0.1pp | 10.1%-0.9pp | 11.0%+0.4pp | 10.6%-3.2pp | 13.8%+0.6pp | 13.3%+0.3pp | 13.0%-5.8pp | 18.8%+6.2pp | 12.6%-10.8pp | 23.4% | N/A |
| Debt-to-Equity | 0.01 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.520.0x | 0.530.0x | 0.54-0.2x | 0.720.0x | 0.70-0.1x | 0.77-0.5x | 1.29+0.1x | 1.21-0.2x | 1.36 | N/A | N/A |
| Asset Turnover | 0.530.0x | 0.550.0x | 0.59+0.1x | 0.520.0x | 0.520.0x | 0.51+0.2x | 0.330.0x | 0.35-0.1x | 0.46-0.1x | 0.57 | N/A |
| FCF Margin | 13.1%-8.8pp | 21.9%+15.4pp | 6.6%+4.9pp | 1.7%-4.4pp | 6.1%-23.0pp | 29.0%+33.5pp | -4.4%-44.1pp | 39.6%-44.8pp | 84.5%-2.6pp | 87.1% | -107.0% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| FinVolution Group FINV | FY2025 | $1.9B | $363.6M | 18.7% | $680.0M | 71/100 |
| Navient Corporation NAVI | FY2025 | $610.0M | -$80.0M | -13.1% | $789.7M | 30/100 |
| LexinFintech Holdings Ltd. LX | FY2025 | $1.9B | $239.8M | 12.8% | $105.3M | 67/100 |
| Atlanticus Holdings Corporation ATLC | FY2025 | $1.7B | $122.2M | 7.3% | $1.3B | 59/100 |
| Ezcorp Inc EZPW | FY2025 | $1.3B | $109.6M | 8.6% | $1.8B | 71/100 |
| World Acceptance Corp WRLD | FY2026 | $585.2M | $34.6M | 5.9% | $780.0M | 62/100 |
Where FinVolution Group Ranks
Frequently Asked Questions
What is FinVolution Group's annual revenue?
FinVolution Group (FINV) reported $1.9B in total revenue for fiscal year 2025. This represents a 8.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is FinVolution Group's revenue growing?
FinVolution Group (FINV) revenue grew by 8.4% year-over-year, from $1.8B to $1.9B in fiscal year 2025.
Is FinVolution Group profitable?
Yes, FinVolution Group (FINV) reported a net income of $363.6M in fiscal year 2025, with a net profit margin of 18.7%.
How much debt does FinVolution Group have?
As of fiscal year 2025, FinVolution Group (FINV) had $612.8M in cash and equivalents against $12.8M in long-term debt.
What is FinVolution Group's net profit margin?
FinVolution Group (FINV) had a net profit margin of 18.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is FinVolution Group's return on equity (ROE)?
FinVolution Group (FINV) has a return on equity of 15.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is FinVolution Group's free cash flow?
FinVolution Group (FINV) generated $255.0M in free cash flow during fiscal year 2025. This represents a -35.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is FinVolution Group's operating cash flow?
FinVolution Group (FINV) generated $267.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are FinVolution Group's total assets?
FinVolution Group (FINV) had $3.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are FinVolution Group's capital expenditures?
FinVolution Group (FINV) invested $12.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does FinVolution Group spend on research and development?
FinVolution Group (FINV) invested $76.7M in research and development during fiscal year 2025.
What is FinVolution Group's debt-to-equity ratio?
FinVolution Group (FINV) had a debt-to-equity ratio of 0.01 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is FinVolution Group's liabilities-to-equity ratio?
FinVolution Group (FINV) had a liabilities-to-equity ratio of 0.52 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is FinVolution Group's return on assets (ROA)?
FinVolution Group (FINV) had a return on assets of 10.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is FinVolution Group's P/E ratio?
FinVolution Group (FINV) trades at 1.9x earnings, its market capitalization divided by $363.6M net income, FY2025. The market capitalization is $680.0M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FinVolution Group's price-to-sales ratio?
FinVolution Group (FINV) trades at 0.4x sales, its market capitalization divided by $1.9B revenue, FY2025. The market capitalization is $680.0M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FinVolution Group's Piotroski F-Score?
FinVolution Group (FINV) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FinVolution Group's earnings high quality?
FinVolution Group (FINV) has an earnings quality ratio of 0.73x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is FinVolution Group?
FinVolution Group (FINV) scores 71 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For FinVolution Group it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.