YRD

MKT CAP:$179M

Yiren Digital Ltd.

Market Cap

$179M

Financial Services·Financial - Credit Services·🇨🇳 China·NYSE

Financials·Financial·🇨🇳·NYSE

Stock Price

$2.08-$1.75 (-45.69%)

Apr 23, 2026

Company Details

Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China. It provides loan facilitation services; and post-origination services,...

CEO

Ning Tang

IPO Date

Dec 18, 2015

Website

www.yirendai.com

Key Metrics TTM

Revenue

$822M

+1.2% YoY

Net Income

$20M

EPS (Diluted)

-$1.23

Free Cash Flow

$59M

Revenue / Share

$18.87

Gross Margin

86.4%

Operating Margin

22.8%

Net Margin

2.4%

FCF Margin

7.2%

P/S

0.2x

P/E

9.0x

Earnings Reports

FY 2025

Dec 30, 2025

$814M-4.0%EPS $0.13

Q4 2025

Mar 20, 2026

$138M-34.9%EPS -$2.92

Q3 2025

Nov 26, 2025

$227M+5.1%EPS $0.53

Q2 2025

Aug 22, 2025

$245M+11.9%EPS $0.60

FY 2024

Apr 28, 2025

$848M+18.6%EPS $2.65

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$180M	$153M	$61M
Q4 21	$149M	$118M	$48M
Q1 22	$103M	$81M	$33M
Q2 22	$117M	$89M	$40M
Q3 22	$123M	$90M	$49M
Q4 22	$159M	$128M	$92M
Q1 23	$144M	$115M	$79M
Q2 23	$193M	$143M	$98M
Q3 23	$192M	$156M	$101M
Q4 23	$186M	$159M	$100M
Q2 24	$219M	$183M	$105M
Q3 24	$216M	$186M	$50M
Q4 24	$212M	$183M	$43M
Q2 25	$245M	$221M	$56M
Q3 25	$227M	$205M	$95M
Q4 25	$138M	$101M	-$6M

Valuation

Quarter	P/S	P/E
Q3 21	0.4x	79.2x
Q4 21	0.4x	6.0x
Q1 22	0.4x	1.4x
Q2 22	0.3x	1.0x
Q3 22	0.2x	0.6x
Q4 22	0.5x	1.4x
Q1 23	0.3x	0.9x
Q2 23	0.3x	0.8x
Q3 23	0.3x	0.7x
Q4 23	0.5x	1.2x
Q2 24	0.5x	1.4x
Q3 24	0.6x	1.8x
Q4 24	0.5x	1.7x
Q2 25	0.6x	2.4x
Q3 25	0.6x	2.6x
Q4 25	0.4x	16.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	$0	$0
Q3 21	$47M	$47M
Q4 21	$28M	$26M
Q1 22	$54M	$54M
Q2 22	$97M	$97M
Q3 22	$50M	$50M
Q4 22	$69M	$69M
Q1 23	$57M	$57M
Q2 23	$105M	$105M
Q3 23	$0	$0
Q4 23	$0	$0
Q2 24	$54M	$54M
Q3 24	$0	$0
Q4 24	$0	$0
Q2 25	$60M	$60M
Q3 25	-$801.3K	-$801.3K

Capital Expenditures

Quarter	CapEx
Q1 21	$0
Q3 21	$0
Q4 21	$1M
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$128.9K
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q2 25	$0
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	+63.2%	-19.5%
Q4 21	-0.2%	-23.9%
Q1 22	-39.3%	-55.6%
Q2 22	-27.2%	-37.7%
Q3 22	-31.8%	-38.2%
Q4 22	+6.6%	-34.1%
Q1 23	+40.0%	-7.1%
Q2 23	+65.3%	+24.6%
Q3 23	+55.9%	+22.2%
Q4 23	+17.1%	+28.8%
Q2 24	+51.7%	+75.8%
Q3 24	+11.7%	+74.6%
Q4 24	+10.8%	+87.3%
Q2 25	+31.4%	+120.2%
Q3 25	+3.9%	+16.4%
Q4 25	-36.1%	-13.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	-$35.1K	-0.0%
Q3 21	$2M	1.0%
Q4 21	$364.9K	0.2%
Q1 22	$219.2K	0.2%
Q2 22	$494.2K	0.4%
Q3 22	$2M	1.9%
Q4 22	$218.2K	0.1%
Q1 23	$305.2K	0.2%
Q2 23	$485.2K	0.3%
Q3 23	$75.0K	0.0%
Q4 23	$121.1K	0.1%
Q2 24	$312.1K	0.1%
Q3 24	$2M	0.9%
Q4 24	$51.1K	0.0%
Q2 25	$1M	0.4%
Q3 25	$2M	0.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 21	—	$20M	$59M
Q4 21	—	$17M	$44M
Q1 22	—	$17M	$26M
Q2 22	—	$16M	$23M
Q3 22	$5M	$11M	$20M
Q4 22	—	$12M	$15M
Q1 23	$4M	$9M	$16M
Q2 23	$5M	$9M	$22M
Q3 23	$6M	$8M	$29M
Q4 23	$7M	$7M	$30M
Q2 24	$8M	$10M	$42M
Q3 24	$22M	$12M	$49M
Q4 24	$24M	$6M	$44M
Q2 25	$16M	$12M	$50M
Q3 25	$13M	$15M	$48M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$0	$900M	$900M
Q2 22	$636M	$20M	$656M
Q3 22	$528M	$162M	$690M
Q4 22	$624M	$142M	$766M
Q1 23	$742M	$37M	$779M
Q2 23	$849M	$15M	$864M
Q3 23	$795M	$60M	$855M
Q4 23	$846M	$75M	$921M
Q1 24	$863M	$67M	$930M
Q2 24	$803M	$60M	$864M
Q3 24	$541M	$56M	$598M
Q4 24	$561M	$63M	$624M
Q1 25	$591M	$0	$591M
Q2 25	$599M	$0	$599M
Q3 25	$565M	$0	$565M
Q4 25	$566M	$0	$566M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	86M	+1.4%	-7.6%
Q4 21	86M	-0.2%	-6.3%
Q1 22	86M	-0.1%	+1.9%
Q2 22	85M	-0.1%	+1.0%
Q3 22	90M	+5.2%	+4.8%
Q4 22	90M	-0.1%	+4.9%
Q1 23	90M	+0.3%	+5.3%
Q2 23	90M	-0.6%	+4.8%
Q3 23	89M	-0.4%	-0.8%
Q4 23	89M	-0.7%	-1.4%
Q2 24	87M	-1.4%	-3.0%
Q3 24	88M	+0.8%	-1.7%
Q4 24	87M	-1.3%	-2.6%
Q2 25	87M	+0.2%	-1.7%
Q3 25	88M	+0.6%	+0.3%
Q4 25	44M	-50.2%	-50.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	$13.1K	14K
Q4 21	$39.3K	4K
Q1 22	$27.1K	4K
Q2 22	$30.8K	4K
Q3 22	$32.3K	4K
Q4 22	$149.4K	1K
Q1 23	$135.5K	1K
Q2 23	$181.8K	1K
Q3 23	$180.0K	1K
Q4 23	$246.9K	754
Q2 24	$290.0K	754
Q3 24	$286.6K	754
Q4 24	$223.6K	949
Q2 25	$257.8K	949
Q3 25	$239.4K	949
Q4 25	$145.6K	949

Revenue / Employee