Yiren Digital Reports Q2 2026 Earnings Amid Regulatory Adjustments
In its second-quarter earnings call for 2026, Yiren Digital (YRD) reported a total net revenue of RMB 890 million, down 46% year over year due to reduced loan facilitation volume following new regulatory requirements. The company also recorded a narrower net loss of RMB 449.6 million compared to the previous quarter as credit conditions improved and provisions for contingent liabilities decreased. Yiren Digital facilitated loans totaling RMB 6.3 billion, down sharply from prior periods but with an increased focus on portfolio quality over volume. The company reported a record high repeat borrower rate of 82%, up from 77% in the same period last year. Delinquency rates also improved across both short and medium-term loan categories due to better credit performance. The firm's insurance segment showed strong growth, with gross written premiums rising by 2% sequentially and new policies increasing by 177%. Technology service revenue grew slightly as well, while sales and marketing expenses dropped significantly. Yiren also announced a $20 million share repurchase program in July 2026.
Topics: delinquency rates insurance growth loans facilitated net loss revenue