Qfin Holdings (QFIN) EBITDA Margin (2016 - 2026)
Qfin Holdings' (QFIN) quarterly EBITDA Margin came in at 32.44% in Q2 2026, down 812.0% year-over-year from 4.56% in Q2 2025, and up 30.08% quarter-over-quarter from 24.94% in Q1 2026.
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Qfin Holdings (QFIN) EBITDA Margin (2016 - 2026) Analysis & Trends
Qfin Holdings has disclosed EBITDA Margin across 11 years of filings, most recently posting 32.44% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 812.0% year-over-year to 32.44%; the TTM figure through Jun 2026 stood at 27.95% (down 1591.0% YoY), while the FY2025 annual figure was 34.29%, down 957.0% from the prior year.
- EBITDA Margin came in at 32.44% for Q2 2026 at Qfin Holdings, up from 24.94% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 51.29% in Q3 2024 to a low of 21.19% in Q4 2025.
- Average EBITDA Margin over 5 years is 33.15%, with a median of 31.93% recorded in 2022.
- Year-over-year, EBITDA Margin tumbled 2177 bps in 2022 and surged 1857 bps in 2024.
- Over 5 years, EBITDA Margin stood at 24.16% in 2022, then grew by 18 bps to 28.46% in 2023, then soared by 48 bps to 42.17% in 2024, then sank by 50 bps to 21.19% in 2025, then jumped by 53 bps to 32.44% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 32.44% in Q2 2026, 24.94% in Q1 2026, and 21.19% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 4.01% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 27.34% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 32.44% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | 15.50% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 19.55% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -3.09% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | -4.66% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 34.29% |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -33.35% |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | -224.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.44% |
| Mar 31, 2026 | 24.94% |
| Dec 31, 2025 | 21.19% |
| Sep 30, 2025 | 32.48% |
| Jun 30, 2025 | 40.56% |
| Mar 31, 2025 | 42.03% |
| Dec 31, 2024 | 42.17% |
| Sep 30, 2024 | 51.29% |
| Jun 30, 2024 | 47.90% |
| Mar 31, 2024 | 33.16% |
| Dec 31, 2023 | 28.46% |
| Sep 30, 2023 | 32.72% |
| Jun 30, 2023 | 31.25% |
| Mar 31, 2023 | 28.09% |
| Dec 31, 2022 | 24.16% |
| Sep 30, 2022 | 27.95% |
| Jun 30, 2022 | 24.54% |
| Mar 31, 2022 | 31.43% |
| Dec 31, 2021 | 33.50% |
| Sep 30, 2021 | 41.05% |