Qfin Holdings (QFIN) FCF Margin (2016 - 2026)
Qfin Holdings' (QFIN) quarterly FCF Margin came in at 30.32% in Q2 2026, down 1947.0% year-over-year from 1.64% in Q2 2025, and down 43.26% quarter-over-quarter from 53.43% in Q1 2026.
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Qfin Holdings (QFIN) FCF Margin (2016 - 2026) Analysis & Trends
Qfin Holdings has disclosed FCF Margin across 8 years of filings, most recently posting 30.32% for Q2 2026.
- In Q2 2026, FCF Margin fell 1947.0% year-over-year to 30.32%; the TTM figure through Jun 2026 stood at 52.42% (down 492.0% YoY), while the FY2025 annual figure was 56.79%, up 220.0% from the prior year.
- FCF Margin came in at 30.32% for Q2 2026 at Qfin Holdings, down from 53.43% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 77.08% in Q4 2025 to a low of 27.15% in Q2 2022.
- Average FCF Margin over 5 years is 47.7%, with a median of 47.7% recorded in 2024.
- Year-over-year, FCF Margin jumped 2383 bps in 2024 and slumped 1947 bps in 2026.
- Over 5 years, FCF Margin stood at 46.87% in 2022, then gained by 12 bps to 52.31% in 2023, then surged by 30 bps to 68.08% in 2024, then grew by 13 bps to 77.08% in 2025, then tumbled by 61 bps to 30.32% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 30.32% in Q2 2026, 53.43% in Q1 2026, and 77.08% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | -38.61% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 18.41% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 30.32% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -11.42% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | - |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -5.14% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 20.43% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | - |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.32% |
| Mar 31, 2026 | 53.43% |
| Dec 31, 2025 | 77.08% |
| Sep 30, 2025 | 47.79% |
| Jun 30, 2025 | 49.79% |
| Mar 31, 2025 | 59.71% |
| Dec 31, 2024 | 68.08% |
| Sep 30, 2024 | 53.14% |
| Jun 30, 2024 | 47.34% |
| Mar 31, 2024 | 47.61% |
| Dec 31, 2023 | 52.31% |
| Sep 30, 2023 | 29.31% |
| Jun 30, 2023 | 46.59% |
| Mar 31, 2023 | 49.12% |
| Dec 31, 2022 | 46.87% |
| Sep 30, 2022 | 40.17% |
| Jun 30, 2022 | 27.15% |
| Mar 31, 2022 | 32.82% |
| Dec 31, 2021 | 45.72% |
| Sep 30, 2021 | 38.68% |