YRD 6-K

Yiren Digital Ltd. (YRD)

6-K 2026-09-30 For: 2026-09-30

View Original

Added on September 30, 2026

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →

Exhibit No.		Description
99.1		Yiren Digital Reports Second Quarter 2026 Unaudited Financial Results

Yiren Digital Ltd.

By:	/s/ Ka Chun William Hui
	Name:	Ka Chun William Hui
	Title:	Chief Financial Officer

	As of
	December 31, 2025			March 31, 2026			June 30, 2026			June 30, 2026
	RMB			RMB			RMB			USD

Cash and cash equivalents		3,348,126			2,453,140			1,696,719			250,065
Restricted cash		522,708			383,363			85,183			12,554
Accounts receivable		826,141			911,368			900,116			132,661
Guarantee receivable		832,905			868,827			769,228			113,370
Contract assets, net		619,291			305,106			137,000			20,191
Contract cost		4,287			2,149			1,429			211
Prepaid expenses and other assets		1,776,019			1,756,162			2,217,743			326,855
Loans at fair value		342,895			156,134			47,406			6,987
Financing receivables		909,182			938,958			773,807			114,045
Amounts due from related parties		2,974,080			3,429,417			2,005,406			295,560
Financial investments		483,700			507,528			251,962			37,135
Equity investments		11,528			23,455			23,005			3,390
Property, equipment and software, net		50,403			84,630			81,787			12,054
Digital Assets		391,267			287,228			225,413			33,222
Deferred tax assets		325,094			361,981			334,818			49,346
Right-of-use assets		37,329			33,891			29,989			4,420
Total assets		13,454,955			12,503,337			9,581,011			1,412,066
Accounts payable		79,630			93,759			61,289			9,033
Amounts due to related parties		44,179			14,982			36,491			5,378
Guarantee liabilities-stand ready		989,701			1,025,763			917,803			135,267
Guarantee liabilities-contingent		1,300,097			1,172,209			815,618			120,207
Deferred revenue		227			150			107			16
Payable to investors of consolidated ABFE		1,294,792			941,068			470,067			69,279
Accrued expenses and other liabilities		404,680			406,222			351,173			51,757
Deferred tax liabilities		29,854			34,197			32,595			4,804
Lease liabilities		39,758			35,289			33,252			4,901
Total liabilities		4,182,918			3,723,639			2,718,395			400,642
Ordinary shares		133			134			133			20
Additional paid-in capital		5,239,550			5,242,914			5,251,402			773,961
Treasury stock		(170,686	)		(170,686	)		(170,686	)		(25,156	)
Accumulated other comprehensive income		(2,517	)		(17,369	)		(36,659	)		(5,403	)
Retained earnings		4,205,557			3,710,721			3,257,264			480,061
Prepayment of acquisition costs to a related party under common control *		-			-			(1,450,000	)		(213,704	)
Total Yiren Digital Ltd shareholders’ equity		9,272,037			8,765,714			6,851,454			1,009,779
Non-controlling interests		-			13,984			11,162			1,645
Total equity		9,272,037			8,779,698			6,862,616			1,011,424
Total liabilities and equity		13,454,955			12,503,337			9,581,011			1,412,066

	For the Three Months Ended												For the Six Months Ended
	June 30, 2025			March 31, 2026			June 30, 2026			June 30, 2026			June 30, 2025			June 30, 2026			June 30, 2026
	RMB			RMB			RMB			USD			RMB			RMB			USD
Net revenue:
Loan facilitation services		874,584			(3,909	)		31,120			4,587			1,616,978			27,211			4,010
Post-origination services		10,463			(41	)		814			120			12,207			773			114
Guarantee services		316,942			519,155			493,806			72,778			635,339			1,012,961			149,292
Financing services		65,821			66,145			68,136			10,042			107,708			134,281			19,790
Insurance brokerage services		58,137			87,160			67,296			9,918			129,597			154,456			22,764
Electronic commerce services		93,962			921			1,908			281			278,036			2,829			417
Network and marketing services *		138,268			145,697			122,633			18,074			262,626			268,330			39,547
Technology services *		90,532			98,129			95,896			14,133			159,122			194,025			28,596
Others *		3,391			1,883			8,370			1,234			5,013			10,253			1,511
Total net revenue		1,652,100			915,140			889,979			131,167			3,206,626			1,805,119			266,041
Operating costs and expenses:
Sales and marketing		345,166			113,569			126,863			18,697			622,118			240,432			35,435
Origination,servicing and other operating costs		160,859			197,552			189,608			27,945			385,597			387,160			57,060
Research and development		107,693			108,933			113,109			16,670			193,647			222,042			32,725
General and administrative		78,862			70,504			75,816			11,174			174,699			146,320			21,565
Allowance for contract assets, receivables and others		214,698			176,424			502,821			74,107			367,503			679,245			100,109
Provision for contingent liabilities		385,674			632,219			233,289			34,382			796,437			865,508			127,560
Total operating costs and expenses		1,292,952			1,299,201			1,241,506			182,975			2,540,001			2,540,707			374,454
Other income/(loss):
Investment income		2,245			1,318			12,417			1,830			4,217			13,735			2,024
Interest income		22,353			12,498			12,310			1,814			44,587			24,808			3,657
Fair value adjustments gain/(loss)		28,018			(89,036	)		(97,815	)		(14,416	)		(30,358	)		(186,851	)		(27,538	)
Others, net		14,084			1,591			429			63			14,758			2,020			298
Total other income/(loss)		66,700			(73,629	)		(72,659	)		(10,709	)		33,204			(146,288	)		(21,559	)
Income/(loss) before provision for income taxes		425,848			(457,690	)		(424,186	)		(62,517	)		699,829			(881,876	)		(129,972	)
Share of results of equity investees		(4,431	)		-			(371	)		(55	)		(4,560	)		(371	)		(55	)
Income tax expense/(benefit)		63,877			37,024			25,058			3,693			90,223			62,082			9,150
Net income/(loss)		357,540			(494,714	)		(449,615	)		(66,265	)		605,046			(944,329	)		(139,177	)
Net loss/(income) attributable to non-controlling interests		-			1,173			2,823			416			-			3,996			589
Net income/(loss) attributable to ordinary shareholders of the Company		357,540			(493,541	)		(446,792	)		(65,849	)		605,046			(940,333	)		(138,588	)

Weighted-average number of ordinary shares used in computing basic net income/(loss) per share		172,907,793			174,951,573			174,976,922			174,976,922			172,854,331			174,964,318			174,964,318
Basic net income/(loss) per share attributable to ordinary shareholders of the Company		2.0678			(2.8210	)		(2.5534	)		(0.3763	)		3.5003			(5.3744	)		(0.7921	)
Basic diluted net income/(loss) per ADS attributable to ordinary shareholders of the Company		4.1356			(5.6420	)		(5.1068	)		(0.7526	)		7.0006			(10.7488	)		(1.5842	)

Weighted-average number of ordinary shares used in computing diluted net income/(loss) per share		174,102,643			174,951,573			174,976,922			174,976,922			174,019,493			174,964,318			174,964,318
Diluted net income/(loss) per share attributable to ordinary shareholders of the Company		2.0536			(2.8210	)		(2.5534	)		(0.3763	)		3.4769			(5.3744	)		(0.7921	)
Diluted net income/(loss) per ADS attributable to ordinary shareholders of the Company		4.1072			(5.6420	)		(5.1068	)		(0.7526	)		6.9538			(10.7488	)		(1.5842	)

Unaudited Condensed Consolidated Cash Flow Data
Net cash generated from/(used in) operating activities		411,224			(655,588	)		(1,029,107	)		(151,672	)		889,874			(1,684,695	)		(248,293	)
Net cash used in/(provided by) investing activities		(752,200	)		(24,764	)		454,017			66,914			(897,790	)		429,253			63,264
Net cash provided by/(used in) financing activities		447,588			(345,590	)		(469,907	)		(69,256	)		367,012			(815,497	)		(120,190	)
Effect of foreign exchange rate changes		(9,412	)		(8,389	)		(9,604	)		(1,415	)		(7,045	)		(17,993	)		(2,652	)
Net increase/(decrease) in cash, cash equivalents and restricted cash		97,200			(1,034,331	)		(1,054,601	)		(155,429	)		352,051			(2,088,932	)		(307,871	)
Cash, cash equivalents and restricted cash, beginning of period		4,356,408			3,870,834			2,836,503			418,048			4,101,557			3,870,834			570,490
Cash, cash equivalents and restricted cash, end of period		4,453,608			2,836,503			1,781,902			262,619			4,453,608			1,781,902			262,619

	For the Three Months Ended												For the Six Months Ended
	June 30, 2025			March 31, 2026			June 30, 2026			June 30, 2026			June 30, 2025			June 30, 2026			June 30, 2026
	RMB			RMB			RMB			USD			RMB			RMB			USD
Operating Highlights
Amount of loans facilitated		20,347,799			8,910,760			6,302,596			928,888			35,585,722			15,213,356			2,242,171
Number of borrowers		1,637,912			531,500			424,489			424,489			2,466,710			832,248			832,248
Remaining principal of performing loans		31,220,078			21,603,502			15,107,343			2,226,547			31,220,078			15,107,343			2,226,547
Cumulative number of insurance clients		1,681,888			2,357,951			2,712,793			2,712,793			1,681,888			2,712,793			2,712,793
Number of insurance clients		118,747			397,854			452,962			452,962			187,833			789,960			789,960
Gross written premiums		850,080			822,991			838,859			123,633			1,651,878			1,661,850			244,926
First year premium		440,353			536,332			532,946			78,547			852,850			1,069,278			157,592
Renewal premium		409,727			286,659			305,913			45,086			799,028			592,572			87,334

Segment Information

Credit solution business:
Revenue		1,489,587			795,746			777,638			114,610			2,784,067			1,573,384			231,888
Sales and marketing expenses		332,405			80,760			82,462			12,154			593,308			163,222			24,056
Origination, servicing and other operating costs		105,617			140,143			116,554			17,178			246,240			256,697			37,832
Allowance for contract assets, receivables and others		216,260			174,866			502,956			74,127			368,372			677,822			99,899
Provision for contingent liabilities		385,674			632,219			233,289			34,382			796,437			865,508			127,560

Insurance brokerage business:
Revenue		58,137			87,160			67,296			9,918			129,597			154,456			22,764
Sales and marketing expenses		2,731			2,388			20,922			3,083			5,526			23,310			3,435
Origination, servicing and other operating costs		52,683			54,475			69,044			10,176			134,123			123,519			18,205
Allowance for contract assets, receivables and others		564			(117	)		107			16			(14	)		(10	)		(1	)

Others:
Revenue		104,376			32,234			45,045			6,639			292,962			77,279			11,389
Sales and marketing expenses		10,030			30,421			23,479			3,460			23,284			53,900			7,944
Origination, servicing and other operating costs		2,559			2,934			4,010			591			5,234			6,944			1,023
Allowance for contract assets, receivables and others		45			188			107			16			(1,949	)		295			43

Reconciliation of Adjusted EBITDA
Net income/(loss)		357,540			(494,714	)		(449,615	)		(66,265	)		605,046			(944,329	)		(139,177	)
Interest income and investment income, net		(24,598	)		(13,816	)		(24,727	)		(3,644	)		(48,804	)		(38,543	)		(5,681	)
Income tax expense/(benefit)		63,877			37,024			25,058			3,693			90,223			62,082			9,150
Depreciation and amortization		2,643			3,561			3,711			547			4,940			7,272			1,072
Share-based compensation		6,932			2,071			1,821			269			9,119			3,892			574
Fair value adjustments related to digital assets and financial investments		(54,979	)		129,059			103,064			15,190			15,845			232,123			34,210
Adjusted EBITDA		351,415			(336,815	)		(340,688	)		(50,210	)		676,369			(677,503	)		(99,852	)
Adjusted EBITDA margin		21.3	%		-36.8	%		-38.3	%		-38.3	%		21.1	%		-37.5	%		-37.5	%

	1-30 days			31-60 days			61-90 days

December 31, 2022		1.7	%		1.2	%		1.1	%
December 31, 2023		2.0	%		1.4	%		1.2	%
December 31, 2024		1.6	%		1.2	%		1.1	%
December 31, 2025		3.4	%		3.0	%		2.8	%
March 31, 2026		2.5	%		2.7	%		3.2	%
June 30, 2026		2.5	%		2.0	%		2.4	%

Loan Issued	Month on Book
Period	4			6			8			10			12			14			16			18			20			22			24
2022Q1		0.6	%		2.0	%		3.1	%		3.9	%		4.5	%		4.7	%		4.6	%		4.6	%		4.5	%		4.5	%		4.4	%
2022Q2		0.5	%		1.7	%		2.9	%		3.7	%		4.2	%		4.4	%		4.3	%		4.3	%		4.2	%		4.2	%		4.1	%
2022Q3		0.5	%		2.1	%		3.4	%		4.2	%		4.7	%		5.0	%		4.9	%		4.9	%		4.8	%		4.7	%		4.7	%
2022Q4		0.7	%		2.5	%		3.8	%		4.8	%		5.5	%		5.8	%		5.8	%		5.7	%		5.6	%		5.5	%		5.4	%
2023Q1		0.5	%		2.3	%		3.9	%		5.0	%		5.8	%		6.1	%		6.0	%		5.9	%		5.8	%		5.7	%		5.6	%
2023Q2		0.6	%		2.8	%		4.7	%		6.1	%		6.8	%		7.1	%		7.0	%		6.9	%		6.8	%		6.7	%		6.6	%
2023Q3		0.8	%		3.5	%		5.6	%		7.0	%		7.7	%		7.9	%		7.9	%		7.7	%		7.6	%		7.5	%		7.5	%
2023Q4		0.7	%		3.4	%		5.6	%		6.8	%		7.4	%		7.6	%		7.6	%		7.4	%		7.3	%		7.3	%		7.2	%
2024Q1		0.6	%		3.0	%		4.8	%		5.9	%		6.6	%		6.8	%		6.8	%		6.7	%		6.6	%		6.6	%		6.5	%
2024Q2		0.6	%		2.4	%		4.0	%		5.1	%		5.8	%		6.1	%		6.1	%		6.0	%		5.9	%		5.8	%		5.8	%
2024Q3		0.5	%		2.2	%		3.7	%		4.7	%		5.4	%		5.8	%		5.8	%		5.7	%		5.7	%		5.5	%
2024Q4		0.6	%		2.2	%		3.8	%		4.9	%		5.9	%		6.4	%		6.4	%		6.3	%		6.0	%
2025Q1		0.6	%		2.3	%		4.2	%		6.0	%		7.2	%		7.8	%		7.4	%
2025Q2		0.8	%		3.5	%		6.6	%		8.9	%		10.0	%		9.4	%
2025Q3		1.1	%		4.8	%		8.0	%		10.0	%
2025Q4		1.1	%		4.3	%		7.6	%
2026Q1		0.7	%