Qfin Holdings (QFIN) Gross Profit (2016 - 2022)
Qfin Holdings' (QFIN) quarterly Gross Profit came in at $484.1 million in Q4 2022, down 19.56% year-over-year from $601.8 million in Q4 2021, and down 1.68% quarter-over-quarter from $492.3 million in Q3 2022.
Analysis
Qfin Holdings (QFIN) Gross Profit (2016 - 2022) Analysis & Trends
Qfin Holdings has disclosed Gross Profit across 7 years of filings, most recently posting $484.1 million for Q4 2022.
- In Q4 2022, Gross Profit fell 19.56% year-over-year to $484.1 million; the TTM figure through Dec 2022 stood at $2.2 billion (up 2.17% YoY), while the FY2025 annual figure was $2.3 billion, up 16.9% from the prior year.
- Gross Profit came in at $484.1 million for Q4 2022 at Qfin Holdings, down from $492.3 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $618.9 million in Q3 2021 to a low of $78.5 million in Q1 2018.
- Average Gross Profit over 5 years is $352.1 million, with a median of $354.7 million recorded in 2019.
- Year-over-year, Gross Profit soared 244.21% in 2018 and fell 20.46% in 2022.
- Over 5 years, Gross Profit stood at $195.0 million in 2018, then soared by 43.01% to $278.9 million in 2019, then surged by 59.34% to $444.4 million in 2020, then surged by 35.4% to $601.8 million in 2021, then retreated by 19.56% to $484.1 million in 2022.
- Per Business Quant data, the three most recent Gross Profit figures were $484.1 million in Q4 2022, $492.3 million in Q3 2022, and $601.8 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 484.06 Mn |
| Sep 30, 2022 | 492.32 Mn |
| Dec 31, 2021 | 601.76 Mn |
| Sep 30, 2021 | 618.95 Mn |
| Dec 31, 2020 | 444.43 Mn |
| Sep 30, 2020 | 485.28 Mn |
| Jun 30, 2020 | 416.17 Mn |
| Mar 31, 2020 | 400.41 Mn |
| Dec 31, 2019 | 278.91 Mn |
| Sep 30, 2019 | 309.01 Mn |
| Jun 30, 2019 | 280.11 Mn |
| Mar 31, 2019 | 265.36 Mn |
| Dec 31, 2018 | 195.03 Mn |
| Sep 30, 2018 | 165.86 Mn |
| Jun 30, 2018 | 117.65 Mn |
| Mar 31, 2018 | 78.54 Mn |
| Dec 31, 2017 | 56.66 Mn |
| Dec 31, 2016 | -1.71 Mn |