FinVolution Group (FINV) investor relations material

Executive summary

• Internationalization and diversified growth enabled resilience, with overseas momentum offsetting a temporary pullback in the Philippines and regulatory headwinds in China.

• Achieved sequential recovery in 2Q26, with overseas segment contributing ~27% of group revenue and strong EBITDA growth.

• Chinese Mainland saw a 6% QoQ growth in transaction volume amid regulatory transition and funding headwinds.

• Net revenue for Q2 2026 was RMB3,403.2 million, up 6% sequentially but down 4.9% year-over-year.

• Maintained a robust balance sheet with RMB6.4 billion in cash and short-term investments and a leverage ratio of 2.1x.

Financial highlights

• Group loan volume rose 5% sequentially to CNY 45 billion; net revenue reached RMB3,403 million, up 6% QoQ.

• Net profit for Q2 2026 was RMB426.8 million, up 1% sequentially but down 43.2% year-over-year.

• Overseas operating profit was CNY 154 million, up 17% sequentially and more than double year-over-year; overseas adjusted EBITDA grew 108% YoY to RMB 55.3 million.

• China segment revenue was CNY 2.4 billion, up 8% sequentially; operating profit grew 4.3% to CNY 625 million.

• Group operating profit was CNY 529 million, including a one-off intangible asset impairment of CNY 64 million; excluding this, operating profit was up 8% sequentially.

Outlook and guidance

• Full-year 2026 total revenue guidance reiterated at RMB11.5–12.9 billion, with expectations to land at the lower end due to tightening funding and credit conditions.

• Overseas volume expected to grow at a double-digit rate year-over-year, with Indonesia and Australia driving momentum and the Philippines recovering in the second half.

• Focus on expanding unique users, new country incubation, and profitable growth in both mature and growth markets.

• Management anticipates a contraction in transaction volume in China for Q3 2026 due to tightening institutional funding.

• Pipelines for next batch of growth driven by AI technology and regional platform expansion.