Qfin Holdings QFIN
NASDAQ QFIN
$8.80 -0.37 (-4.03%)
At close: Aug 28, 2026 · 4:00 PM EDT

Qfin Holdings (QFIN) Gross Margin (2016 - 2022)

Qfin Holdings (QFIN) posted Gross Margin of 85.46% for Q4 2022, up 1.13% sequentially from 84.51% in Q3 2022, and down 126.0% YoY from 328.7% in Q4 2021.

Analysis

Qfin Holdings (QFIN) Gross Margin (2016 - 2022) Analysis & Trends

Qfin Holdings has reported Gross Margin for 6 years, with the latest figure at 85.46% in Q4 2022.

  • Quarterly Gross Margin fell 126.0% year-over-year to 85.46% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 89.5% (up 611.0% YoY) and the FY2025 annual result came in at 83.19%, up 8.0% from the prior year.
  • Gross Margin rose to 85.46% in Q4 2022 per QFIN's latest filing, from 84.51% in the prior quarter.
  • Over five years, Gross Margin peaked at 89.08% in Q1 2020 and troughed at 76.6% in Q2 2018.
  • A 5-year average of 85.6% and a median of 86.4% in 2019 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 975 bps in 2019, down 473 bps in 2019.
  • Over 5 years, Gross Margin stood at 85.6% in 2018, then slipped by 6 bps to 80.88% in 2019, then climbed by 7 bps to 86.89% in 2020, then retreated by 0 bps to 86.72% in 2021, then fell by 1 bps to 85.46% in 2022.
  • According to Business Quant data, Gross Margin over the past three periods registered 85.46%, 84.51%, and 86.72% for Q4 2022, Q3 2022, and Q4 2021 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Visa 680.39 Bn 668.03 Bn - -
2 Mastercard 518.33 Bn 504.84 Bn - -
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 91.60%
4 Capital One Financial 132.31 Bn 77.60 Bn - -
5 PayPal Holdings 46.25 Bn 35.00 Bn - -
6 Affirm Holdings 26.22 Bn 24.59 Bn - -
7 Synchrony Financial 25.37 Bn 9.17 Bn - -
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 83.58%
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 90.90%
10 Qfin Holdings 1.07 Bn -390.93 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 85.46%
Sep 30, 2022 84.51%
Dec 31, 2021 86.72%
Sep 30, 2021 86.46%
Dec 31, 2020 86.89%
Sep 30, 2020 88.96%
Jun 30, 2020 88.03%
Mar 31, 2020 89.08%
Dec 31, 2019 80.88%
Sep 30, 2019 85.51%
Jun 30, 2019 86.35%
Mar 31, 2019 88.65%
Dec 31, 2018 85.60%
Sep 30, 2018 86.58%
Jun 30, 2018 76.60%
Mar 31, 2018 83.37%
Dec 31, 2017 86.34%
Dec 31, 2016 -694.81%