Jiayin JFIN
NASDAQ JFIN
$1.46 -0.03 (-2.01%)
At close: Sep 18, 2026 · 4:00 PM EDT

Jiayin (JFIN) Gross Margin (2018 - 2023)

Jiayin's (JFIN) quarterly Gross Margin came in at 24.06% in Q3 2023, down 39.52% quarter-over-quarter from 39.77% in Q2 2023.

Analysis

Jiayin (JFIN) Gross Margin (2018 - 2023) Analysis & Trends

Jiayin has disclosed Gross Margin across 5 years of filings, most recently posting 24.06% for Q3 2023.

  • In Q3 2023, Gross Margin changed N/A year-over-year to 24.06%; the TTM figure through Sep 2023 stood at 39.56% (changed N/A YoY), while the FY2022 annual figure was 89.69%, down 1000.0% from the prior year.
  • Gross Margin came in at 24.06% for Q3 2023 at Jiayin, down from 39.77% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 97.05% in Q4 2020 to a low of 24.06% in Q3 2023.
  • Average Gross Margin over 4 years is 78.34%, with a median of 82.66% recorded in 2019.
  • Year-over-year, Gross Margin soared 1927 bps in 2020 and slumped 974 bps in 2021.
  • Over 4 years, Gross Margin stood at 77.77% in 2019, then climbed by 25 bps to 97.05% in 2020, then slipped by 16 bps to 81.51% in 2021, then slumped by 70 bps to 24.06% in 2023.
  • Per Business Quant data, the three most recent Gross Margin figures were 24.06% in Q3 2023, 39.77% in Q2 2023, and 75.85% in Q1 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 83.19%
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 43.49%
3 Qfin Holdings 986.27 Mn -9.51 Mn - -
4 FinVolution 836.54 Mn -90.46 Mn - -
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 57.43%
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 76.31%
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 73.54%
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn 15.55%
9 Jiayin 76.25 Mn 2.23 Mn - -
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 97.79%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 24.06%
Jun 30, 2023 39.77%
Mar 31, 2023 75.85%
Mar 31, 2021 81.51%
Dec 31, 2020 97.05%
Sep 30, 2020 96.85%
Jun 30, 2020 96.27%
Mar 31, 2020 91.26%
Dec 31, 2019 77.77%
Sep 30, 2019 95.34%
Jun 30, 2019 80.49%
Mar 31, 2019 83.81%
Dec 31, 2018 83.44%
Jun 30, 2018 85.11%
Mar 31, 2018 91.37%