Qfin Holdings (QFIN) Cost of Revenue (2017 - 2025)

Qfin Holdings' Cost of Revenue history runs 9 years deep, the most recent figure standing at $78.7 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 9.68% year-over-year to $78.7 million; the TTM figure through Dec 2025 stood at $346.1 million (up 44.46% YoY), while the FY2025 annual figure was $429.3 million, up 8.02% from the prior year.
• Cost of Revenue came in at $78.7 million for Q4 2025 at Qfin Holdings, down from $93.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $98.6 million in Q4 2021 to a low of $50.4 million in Q2 2024.
• A 5-year average of $75.4 million and a median of $77.6 million in 2021 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 124.39% in 2021 and slumped 38.93% in 2022, its largest moves.
• Qfin Holdings' Cost of Revenue stood at $98.6 million in 2021, then plunged by 38.93% to $60.2 million in 2022, then grew by 29.06% to $77.7 million in 2023, then decreased by 7.61% to $71.8 million in 2024, then advanced by 9.68% to $78.7 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $78.7 million, $93.4 million, and $92.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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