Growth Metrics

Qfin Holdings (QFIN) EBITDA Margin (2017 - 2025)

Qfin Holdings recorded quarterly EBITDA Margin of 23.58% in Q4 2025, down 12.96% quarter-over-quarter from 27.09% in Q3 2025, and down 2234.0% year-over-year from 1.11% in Q4 2024.

Qfin Holdings' EBITDA Margin history runs 9 years deep, the most recent figure standing at 23.58% for Q4 2025.

  • In Q4 2025, EBITDA Margin fell 2234.0% year-over-year to 23.58%; the TTM figure through Dec 2025 stood at 39.21% (down 422.0% YoY), while the FY2025 annual figure was 30.03%, down 664.0% from the prior year.
  • EBITDA Margin came in at 23.58% for Q4 2025 at Qfin Holdings, down from 27.09% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 65.04% in Q2 2025 to a low of 21.68% in Q4 2022.
  • A 5-year average of 33.68% and a median of 28.57% in 2021 frame the typical range for EBITDA Margin.
  • Across the five-year window, EBITDA Margin jumped 3088 bps in 2021 and plunged 2234 bps in 2025, its largest moves.
  • Qfin Holdings' EBITDA Margin stood at 29.15% in 2021, then retreated by 26 bps to 21.68% in 2022, then advanced by 13 bps to 24.6% in 2023, then soared by 87 bps to 45.92% in 2024, then sank by 49 bps to 23.58% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 23.58%, 27.09%, and 65.04% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Visa 554.71 Bn 542.31 Bn - 64.42%
2 Mastercard 443.64 Bn 433.43 Bn - 58.43%
3 American Express 211.69 Bn 157.65 Bn 17.43 Bn 18.77%
4 Capital One Financial 115.44 Bn 38.94 Bn - 44.55%
5 PayPal Holdings 40.47 Bn 31.13 Bn 7.84 Bn 17.81%
6 Synchrony Financial 24.65 Bn 4.09 Bn - 42.26%
7 SoFi Technologies 20.00 Bn 16.60 Bn 929.25 Mn 13.91%
8 Ally Financial 13.32 Bn 12.88 Bn 1.98 Bn 15.79%
9 Eason Technology 11.55 Bn 11.54 Bn - -
10 Qfin Holdings 465.17 Mn -593.26 Mn 506.52 Mn 23.58%

Historic Data

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DateValue
Dec 31, 2025 23.58%
Sep 30, 2025 27.09%
Jun 30, 2025 65.04%
Mar 31, 2025 37.97%
Dec 31, 2024 45.92%
Sep 30, 2024 38.80%
Jun 30, 2024 61.31%
Mar 31, 2024 27.98%
Dec 31, 2023 24.60%
Sep 30, 2023 26.67%
Jun 30, 2023 31.25%
Mar 31, 2023 25.76%
Dec 31, 2022 21.68%
Sep 30, 2022 25.73%
Jun 30, 2022 24.49%
Mar 31, 2022 27.04%
Dec 31, 2021 29.15%
Sep 30, 2021 33.81%
Jun 30, 2021 38.13%
Mar 31, 2021 37.60%
Dec 31, 2020 34.23%
Sep 30, 2020 31.51%
Jun 30, 2020 26.13%
Mar 31, 2020 6.73%
Dec 31, 2019 15.84%
Sep 30, 2019 31.05%
Jun 30, 2019 29.65%
Mar 31, 2019 33.64%
Dec 31, 2018 0.04%
Sep 30, 2018 44.61%
Jun 30, 2018 -4.22%
Mar 31, 2018 35.61%
Dec 31, 2017 44.01%