Jiayin Group reports second quarter loss, delivers weak guidance

Jiayin Group Inc., a NASDAQ-listed company, reported a significant loss for the second quarter of 2026, with revenue falling 60.9% year-over-year to RMB736.9 million ($108.6 million). The company's net loss was RMB183.6 million ($27.1 million), or -RMB3.56 per ADS, compared to net income of RMB519.1 million in the same period last year.

Transaction volume dropped 74.4% year-over-year to RMB9.5 billion ($1.4 billion), primarily due to lower loan facilitation services revenue, which decreased by 88.5% to RMB184.8 million ($27.2 million). The company suspended its dividend for fiscal year 2026 to support capital investments for its strategic transformation.

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