Yiren Digital Q4 loans fall 40% QoQ, FY volume up 26%
Yiren Digital facilitated RMB12.0 billion in loans in Q4 2025, down 40% quarter-on-quarter and 22% year-on-year, while full-year loans rose 26% to RMB67.8 billion with repeat borrowers accounting for 77% of Q4 volume. Net Q4 revenue fell 34% to RMB957.6 million as credit solution revenue dropped 21% to RMB832.7 million.
1. Fourth Quarter Loan Facilitation
Yiren Digital facilitated RMB12.0 billion in loans in Q4 2025, down 40% from Q3 and down 22% from Q4 2024. Number of borrowers served dropped 44% sequentially to 742,444, with repeat borrowers accounting for 77% of total volume.
2. Full-Year Operations
Total loans facilitated for fiscal 2025 reached RMB67.8 billion, up 26% year-on-year, and cumulative borrowers rose 16% to 14.3 million. Outstanding performing loan balance increased 15% to RMB28.6 billion compared with year-end 2024.
3. Revenue and Segment Performance
Net Q4 revenue declined 34% to RMB957.6 million; credit solution revenue fell 21% to RMB832.7 million, accounting for 87% of total revenue. Insurance brokerage revenue decreased 21% to RMB83.8 million, though internet distribution channels grew to 22% of brokerage revenue.
4. Strategic Focus and AI Initiatives
The company attributed disciplined credit tightening and an AI-driven risk management system for navigating industry challenges. In 2026, Yiren Digital plans to deepen its AI-driven operating model and expand its credit and insurance segments with advanced technologies.