Yiren Digital Shares Rise 6.1% as Second-Quarter Loss Narrows

Yiren Digital Ltd. (NYSE:YRD) shares rose 6.11% in pre-market trading on Wednesday after the financial technology company reported a narrower second-quarter net loss compared with the previous quarter, alongside lower revenue and improved delinquency rates.

For the quarter ended June 30, 2026, Yiren Digital reported a net loss of RMB449.6 million, equivalent to RMB5.11 per ADS, compared with a net loss of RMB494.7 million in the first quarter of 2026.

Revenue declined 46% year on year to RMB890.0 million, or US$131.2 million, from RMB1.65 billion in the second quarter of 2025.

The company attributed the revenue decline to lower loan facilitation volumes as it adopted what it described as a more disciplined approach following revised regulatory requirements.

Credit Solution Revenue Falls 48%

Revenue from Yiren Digital’s credit solution business declined 48% year on year to RMB777.6 million during the second quarter.

The business accounted for approximately 87% of the company’s total quarterly revenue.

Total loans facilitated fell 69% year on year to RMB6.3 billion as the company reduced near-term loan facilitation activity.

“During the second quarter of 2026, we maintained a disciplined approach to our credit solution business, prioritizing portfolio quality and risk-adjusted returns while moderating near-term loan facilitation volume,” Chairman and Chief Executive Officer Ning Tang said.

The supplied information also references repeat borrowers but does not provide a complete figure or comparison for this metric.

Later-Stage Delinquency Rates Decline

Yiren Digital reported lower later-stage delinquency rates compared with the previous quarter.

The 31-to-60-day delinquency rate declined to 2.0% from 2.7% in the first quarter, while the 61-to-90-day delinquency rate decreased to 2.4% from 3.2%.

The changes came as Yiren Digital focused on portfolio quality and risk-adjusted returns while reducing loan facilitation volumes.

Insurance Brokerage Revenue Rises 16% Year on Year

Insurance brokerage revenue increased 16% year on year to RMB67.3 million during the second quarter.

On a sequential basis, however, insurance brokerage revenue declined 23% from the first quarter.

The increase compared with the previous year contrasted with the decline in Yiren Digital’s larger credit solution business during the quarter.

Adjusted EBITDA Swings to Loss

Yiren Digital reported an adjusted EBITDA loss of RMB340.7 million for the second quarter of 2026.

That compared with adjusted EBITDA of RMB351.4 million in the second quarter of 2025.

The company therefore recorded declines in both revenue and adjusted EBITDA compared with the prior-year period, while its net loss narrowed sequentially from the first quarter of 2026.

Board Authorises $20 Million Share Repurchase Programme

Yiren Digital’s board authorised a new share repurchase programme on July 2, 2026.

Under the programme, the company may repurchase up to US$20.0 million of its shares over the following 12 months.

The authorisation was announced alongside a period in which the company has reduced loan facilitation activity while focusing on credit portfolio metrics and operating efficiency.

Yiren Digital stock price