Yiren Digital reports RMB449.6 million quarterly loss

• Yiren Digital (NASDAQ:YRD) reported a second-quarter 2026 net loss of RMB449.6 million as revenue and loan facilitation volumes declined year over year.
• Revenue fell 46% to RMB890 million, while loans facilitated dropped 69% to RMB6.3 billion compared with the prior-year period.
• The company’s board authorized a share repurchase program of up to US$20 million over the following 12 months.

Yiren Digital (NASDAQ:YRD) reported a second-quarter 2026 net loss of RMB449.6 million, compared with net income of RMB357.5 million a year earlier, as revenue declined 46% year over year to RMB890 million.

The quarterly loss narrowed from RMB494.7 million in the first quarter of 2026, but results reversed the company’s year-earlier profit as loans facilitated declined 69% year over year to RMB6.3 billion.

The company reported that allowances for contract assets, receivables and other items increased to RMB502.8 million, while operating cash outflow reached RMB1,029.1 million compared with RMB655.6 million in the previous quarter.

Yiren Digital reported that later-stage delinquency rates improved during the quarter and repeat borrowers accounted for 82% of loan amounts, while insurance brokerage revenue increased 16% year over year but declined 23% sequentially.

On July 2, 2026, Yiren Digital’s board authorized repurchases of up to US$20 million of ordinary shares and/or American depositary shares over the following 12 months, subject to a limit of 10% of outstanding shares and ADSs.