Qfin Holdings (QFIN) Asset Writedowns and Impairment (2017 - 2026)
Qfin Holdings (QFIN) posted Asset Writedowns and Impairment of $3.0 million for Q1 2026, down 70.64% sequentially from $10.1 million in Q4 2025, and down 68.7% YoY from $9.4 million in Q1 2025.
Qfin Holdings (QFIN) Asset Writedowns and Impairment (2017 - 2026) Analysis & Trends
Qfin Holdings (QFIN) has 10 years of Asset Writedowns and Impairment data on file, last reported at $3.0 million in Q1 2026.
- Quarterly Asset Writedowns and Impairment fell 68.7% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.3 million (down 27.1% YoY) and the FY2025 annual result came in at $45.7 million, down 20.87% from the prior year.
- Asset Writedowns and Impairment retreated to $3.0 million in Q1 2026 per QFIN's latest filing, from $10.1 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $17.0 million in Q2 2024, with the low at -$326000.0 in Q1 2023.
- Average Asset Writedowns and Impairment over 5 years is $9.8 million, with a median of $9.8 million recorded in 2022.
- Year-over-year, Asset Writedowns and Impairment tumbled 103.86% in 2023 and surged 4835.89% in 2024.
- Qfin Holdings' Asset Writedowns and Impairment stood at $9.8 million in 2022, then soared by 31.56% to $12.8 million in 2023, then declined by 17.31% to $10.6 million in 2024, then decreased by 5.24% to $10.1 million in 2025, then slumped by 70.64% to $3.0 million in 2026.
- Business Quant data shows QFIN's Asset Writedowns and Impairment at $3.0 million in Q1 2026, $10.1 million in Q4 2025, and $14.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Qfin Holdings | 3.99 Bn | -935.70 Bn | 498.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.95 Mn |
| Mar 31, 2026 | 2.95 Mn |
| Dec 31, 2025 | 10.06 Mn |
| Dec 31, 2025 | 10.06 Mn |
| Sep 30, 2025 | 14.17 Mn |
| Sep 30, 2025 | 14.17 Mn |
| Jun 30, 2025 | 11.15 Mn |
| Jun 30, 2025 | 11.15 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Dec 31, 2024 | 10.61 Mn |
| Dec 31, 2024 | 10.61 Mn |
| Sep 30, 2024 | 15.50 Mn |
| Sep 30, 2024 | 15.50 Mn |
| Jun 30, 2024 | 17.03 Mn |
| Jun 30, 2024 | 17.03 Mn |
| Mar 31, 2024 | 15.44 Mn |
| Mar 31, 2024 | 15.44 Mn |
| Dec 31, 2023 | 12.83 Mn |
| Dec 31, 2023 | 12.83 Mn |