Yiren Digital Ltd. (NYSE:YRD) reported third-quarter revenue of RMB1.55 billion ($218.4 million) on Tuesday, a 5% increase from RMB1.48 billion a year earlier, supported by a 70% year-over-year surge in its financial services segment.
Adjusted earnings per ADS came in at RMB3.65 ($0.51) for the quarter ending September 30, 2025. Net income declined to RMB317.6 million ($44.6 million) from RMB355.4 million a year ago, largely due to higher upfront provisions associated with accelerating loan growth and broader credit quality volatility across the industry.
Loan facilitation volume reached RMB20.2 billion ($2.8 billion), up 51% from RMB13.4 billion in the same period of 2024. The number of borrowers served fell 11% year over year to 1.34 million, reflecting the company’s deliberate tightening of its credit policy in response to heightened sector-wide risk conditions.
“We delivered a stable and resilient quarter amid industry-wide challenges,” said Ning Tang, Chairman and CEO. “Through adaptive risk management measures and business diversification — including the growth of our high-potential online insurance business — we have demonstrated our ability to manage risk in a challenging environment.”
Yiren’s insurance brokerage segment saw gross written premiums rise 35% quarter over quarter to RMB1.15 billion ($161.3 million), though this was 15% lower than the prior year. Annualized premiums for its internet insurance products jumped 204% from the previous quarter.
For the fourth quarter of 2025, the company expects revenue in the range of RMB1.4 billion to RMB1.6 billion, supported by loan growth across both domestic and international markets and continued expansion into new customer segments.