Yiren Digital Reports Q1 2026 Net Revenue Down 41%, Net Loss Narrows to RMB 495 Million

Yiren Digital (YRD.N), a U.S.-listed affiliate of CreditEase, reported a total net revenue of RMB 915 million for the first quarter of 2026, down 4.44% quarter-on-quarter and down 41% year-on-year, while net loss narrowed to RMB 494.7 million from RMB 868.2 million in the previous quarter, according to Jiemian News. The company posted net income of RMB 247.5 million a year earlier. In its credit solution business, total loans facilitated fell to RMB 8.9 billion, down 26% from RMB 12.0 billion in Q4 2025 and down 42% from RMB 15.2 billion a year earlier; segment revenue was RMB 795.7 million, down 4% QoQ and down 39% YoY. Yiren Digital said the decline reflected lower loan facilitation volumes and service fee rates under a new regulatory framework. In insurance brokerage, Q1 revenue rose 4% QoQ and 22% YoY to RMB 87.2 million, while insurance customers reached 397,900, up 49% from Q4 2025. As of March 31, 2026, cumulative insurance customers totaled 2.358 million. The company also reiterated a May 25 statement that it operates independently and does not conduct wealth management business, after CreditEase announced a “benign exit” from certain fixed-income-like products in May.