GCash posts $261-million net income in first 9 months of 2026, up 17.4%
Mynt, the parent company of Philippine fintech giant GCash, reported a net income of ₱16.5 billion ($261.25 million) for the first nine months of 2026, up 17.4% from the same period last year, reflecting continued growth in digital payments and financial services. Revenue climbed 12.2% year on year to ₱67.1 billion ($1.06 billion) from January to September, while third-quarter revenue increased…
Mynt, the parent company of GCash, reported a net income of $261.25 million for the first nine months of 2026, marking a 17.4% increase compared to the same period last year. Revenue climbed 12.2% year on year to $1.06 billion, with third-quarter revenue growing 16.6% to $379.98 million. The faster growth suggests continued business momentum driven by the expanding use of GCash for transactions and its growing range of financial products.
GCash's operating indicators show growth from both payments and lending - 42.1 million monthly active users, 64.4 million average daily transactions, and a $15.1 trillion payment transaction value, all up year-on-year. Lending through its CreditTech business saw 7.8 million active borrowers and a $79.3 billion loan portfolio, expanding 43.3% year on year.
The non-performing loan ratio remained stable at 4.8%. GCash's results underscore its position as a key digital financial platform in the Philippines as cashless payments and digital banking gain wider adoption.
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