Qfin Holdings QFIN
NASDAQ QFIN
$9.06 +0.34 (+3.90%)
At close: Sep 4, 2026 · 4:00 PM EDT

Qfin Holdings (QFIN) Cost of Revenue (2016 - 2022)

Qfin Holdings' (QFIN) quarterly Cost of Revenue came in at $82.3 million in Q4 2022, down 10.66% year-over-year from $92.2 million in Q4 2021, and down 8.77% quarter-over-quarter from $90.3 million in Q3 2022.

Analysis

Qfin Holdings (QFIN) Cost of Revenue (2016 - 2022) Analysis & Trends

Qfin Holdings has disclosed Cost of Revenue across 7 years of filings, most recently posting $82.3 million for Q4 2022.

  • In Q4 2022, Cost of Revenue fell 10.66% year-over-year to $82.3 million; the TTM figure through Dec 2022 stood at $361.7 million (up 14.33% YoY), while the FY2025 annual figure was $429.3 million, up 8.02% from the prior year.
  • Cost of Revenue came in at $82.3 million for Q4 2022 at Qfin Holdings, down from $90.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $97.0 million in Q3 2021 to a low of $15.7 million in Q1 2018.
  • Average Cost of Revenue over 5 years is $56.3 million, with a median of $54.5 million recorded in 2019.
  • Year-over-year, Cost of Revenue surged 265.91% in 2018 and retreated 10.66% in 2022.
  • Over 5 years, Cost of Revenue stood at $32.8 million in 2018, then soared by 101.08% to $66.0 million in 2019, then increased by 1.69% to $67.1 million in 2020, then jumped by 37.42% to $92.2 million in 2021, then decreased by 10.66% to $82.3 million in 2022.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $82.3 million in Q4 2022, $90.3 million in Q3 2022, and $92.2 million in Q4 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn 61.32 Mn
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn 218.72 Mn
3 Qfin Holdings 1.10 Bn 108.74 Mn - -
4 FinVolution 856.70 Mn -70.30 Mn - -
5 X Financial 432.29 Mn -136.02 Mn 84.09 Mn 62.05 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 4.85 Mn
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn 8.95 Mn
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn 71.40 Mn
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn 269,558.00
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 82.34 Mn
Sep 30, 2022 90.25 Mn
Dec 31, 2021 92.16 Mn
Sep 30, 2021 96.95 Mn
Dec 31, 2020 67.06 Mn
Sep 30, 2020 60.19 Mn
Jun 30, 2020 56.58 Mn
Mar 31, 2020 49.10 Mn
Dec 31, 2019 65.95 Mn
Sep 30, 2019 52.37 Mn
Jun 30, 2019 44.28 Mn
Mar 31, 2019 33.99 Mn
Dec 31, 2018 32.80 Mn
Sep 30, 2018 25.71 Mn
Jun 30, 2018 35.94 Mn
Mar 31, 2018 15.67 Mn
Dec 31, 2017 8.96 Mn
Dec 31, 2016 1.95 Mn