Yiren Digital revenue drops 41% in Q1

• Yiren Digital reported Q1 2026 total net revenue of RMB915.1 million, down 41% year over year.
• The company posted a net loss of RMB494.7 million, compared with RMB247.5 million net income a year earlier.
• Management highlighted All-in-AI initiatives, lower sales and marketing costs, and improved early-stage loan delinquency rates.

Yiren Digital (NYSE:YRD) reported Q1 2026 total net revenue of RMB915.1 million, down 41% year over year, as the company moved to a net loss.

The result compared with RMB247.5 million in net income a year earlier, while Q1 2026 net loss reached RMB494.7 million.

Credit solution revenue was RMB795.7 million, while insurance brokerage revenue was RMB87.2 million during the quarter.

Yiren Digital said loan facilitation volumes and outstanding balances declined, while insurance clients and digital distribution increased.

Following the announcement, Yiren Digital's share price was up at $1.13.

Yiren Digital said management continued its All-in-AI initiatives, with a focus on technology use, operating efficiency, and risk control.

The company also said sales and marketing costs declined and early-stage loan delinquency rates improved during the period.