FinVolution Group (FINV) Revenue & Revenue Breakdown
FinVolution Group Revenue Highlights
Latest Revenue (Y)
$12.55B
Latest Revenue (Q)
$3.17B
Main Segment (Y)
Loan facilitation service fees
FinVolution Group Revenue by Period
FinVolution Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $12.55B | 12.69% |
| 2022-12-31 | $11.13B | 17.57% |
| 2021-12-31 | $9.47B | 25.22% |
| 2020-12-31 | $7.56B | 26.84% |
| 2019-12-31 | $5.96B | 37.05% |
| 2018-12-31 | $4.35B | 12.12% |
| 2017-12-31 | $3.88B | 219.19% |
| 2016-12-31 | $1.22B | 521.27% |
| 2015-12-31 | $195.69M | - |
FinVolution Group generated $12.55B in revenue during NA 2023, up 12.69% compared to the previous quarter, and up 288.39% compared to the same period a year ago.
FinVolution Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $3.17B | -3.41% |
| 2023-12-31 | $3.28B | 2.48% |
| 2023-09-30 | $3.20B | 3.96% |
| 2023-06-30 | $3.08B | 0.82% |
| 2023-03-31 | $3.05B | 0.02% |
| 2022-12-31 | $3.05B | 2.64% |
| 2022-09-30 | $2.97B | 11.46% |
| 2022-06-30 | $2.67B | 8.96% |
| 2022-03-31 | $2.45B | -0.05% |
| 2021-12-31 | $2.45B | -3.05% |
| 2021-09-30 | $2.53B | 5.91% |
| 2021-06-30 | $2.38B | 12.84% |
| 2021-03-31 | $2.11B | 14.03% |
| 2020-12-31 | $1.85B | 3.33% |
| 2020-09-30 | $1.79B | -0.95% |
| 2020-06-30 | $1.81B | -14.05% |
| 2020-03-31 | $2.11B | 70.86% |
| 2019-12-31 | $1.23B | -18.49% |
| 2019-09-30 | $1.51B | -3.19% |
| 2019-06-30 | $1.56B | 7.13% |
| 2019-03-31 | $1.46B | 20.55% |
| 2018-12-31 | $1.21B | 11.60% |
| 2018-09-30 | $1.08B | 2.28% |
| 2018-06-30 | $1.06B | 12.29% |
| 2018-03-31 | $943.77M | 4.99% |
| 2017-12-31 | $898.88M | -27.91% |
| 2017-09-30 | $1.25B | 16.98% |
| 2017-06-30 | $1.07B | 59.33% |
| 2017-03-31 | $668.98M | 34.90% |
| 2016-12-31 | $495.92M | 34.69% |
| 2016-09-30 | $368.20M | - |
FinVolution Group generated $3.17B in revenue during Q1 2024, up -3.41% compared to the previous quarter, and up 103.77% compared to the same period a year ago.
FinVolution Group Revenue Breakdown
FinVolution Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Financial Service, Other | $534.87M | $556.70M | $481.89M | $344.84M | - |
| Post-facilitation service fees | $1.93B | $1.31B | $672.98M | $1.20B | - |
| Loan facilitation service fees | $4.43B | $3.79B | $1.91B | $3.31B | - |
| Guarantee Income | $3.06B | $2.59B | $3.39B | - | - |
| Grant | - | - | - | - | $53.74M |
FinVolution Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Loan facilitation service fees (44.49%), Guarantee Income (30.77%), Post-facilitation service fees (19.38%), and Financial Service, Other (5.37%).
FinVolution Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IX | ORIX | $2.81T | $776.50B |
| LU | Lufax | $28.12B | $5.58B |
| QFIN | 360 DigiTech | $16.29B | $3.32B |
| LX | LexinFintech | $13.06B | $3.24B |
| FINV | FinVolution Group | $12.55B | $3.17B |
| YRD | Yiren Digital | $4.90B | $1.27B |
| NAVI | Navient | $4.83B | $973.00M |
| XYF | X Financial | $4.81B | $578.58M |
| ENVA | Enova | $2.12B | $628.44M |
| AGM | Federal Agricultural Mortgage | $349.21M | $89.24M |
| QD | Qudian | $126.34M | $55.85M |
FINV Revenue FAQ
What is FinVolution Group’s yearly revenue?
FinVolution Group's yearly revenue for 2023 was $12.55B, representing an increase of 12.69% compared to 2022. The company's yearly revenue for 2022 was $11.13B, representing an increase of 17.57% compared to 2021. FINV's yearly revenue for 2021 was $9.47B, representing an increase of 25.22% compared to 2020.
What is FinVolution Group’s quarterly revenue?
FinVolution Group's quarterly revenue for Q1 2024 was $3.17B, a -3.41% decrease from the previous quarter (Q4 2023), and a 3.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.28B, a 2.48% increase from the previous quarter (Q3 2023), and a 7.43% increase year-over-year (Q4 2022). FINV's quarterly revenue for Q3 2023 was $3.2B, a 3.96% increase from the previous quarter (Q2 2023), and a 7.61% increase year-over-year (Q3 2022).
What is FinVolution Group’s revenue growth rate?
FinVolution Group's revenue growth rate for the last 3 years (2021-2023) was 32.49%, and for the last 5 years (2019-2023) was 110.43%.
What are FinVolution Group’s revenue streams?
FinVolution Group's revenue streams in c 22 are Financial Service, Other, Post-facilitation service fees, Loan facilitation service fees, and Guarantee Income. Financial Service, Other generated $534.87M in revenue, accounting 5.37% of the company's total revenue, down -3.92% year-over-year. Post-facilitation service fees generated $1.93B in revenue, accounting 19.38% of the company's total revenue, up 47.37% year-over-year. Loan facilitation service fees generated $4.43B in revenue, accounting 44.49% of the company's total revenue, up 16.78% year-over-year. Guarantee Income generated $3.06B in revenue, accounting 30.77% of the company's total revenue, up 18.16% year-over-year.
What is FinVolution Group’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of FinVolution Group was Loan facilitation service fees. This segment made a revenue of $4.43B, representing 44.49% of the company's total revenue.