Qfin Holdings (QFIN) Net Margin (2017 - 2026)
Qfin Holdings (QFIN) reported Net Margin of 10.85% for Q2 2026, down 20.11 percentage points from 30.96% a year earlier and down 11.75 percentage points from the prior quarter.
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Analysis
Qfin Holdings (QFIN) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Qfin Holdings' Net Margin came in at 21.81%, down 15.58 percentage points year-over-year; for FY2025, it came in at 31.19%, down 5.31 percentage points from FY2024.
- Net Margin has a five-year change of +5.41 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 36.49% in FY2024 (+10.19 pp), 26.31% in FY2023 (+2.00 pp), 24.31% in FY2022 (-10.45 pp) and 34.75% in FY2021 (+8.98 pp).
- The Q2 2026 figure ranks as the lowest quarterly Net Margin since Q1 2020.
- Year over year, Net Margin has now declined in each of the last five quarters, with an average year-over-year change of -3.51 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2024 (a gain of 18.03 percentage points); the low point was Q2 2026 (a drop of 20.11 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.60% (Q1 2026), 23.67% (Q4 2025) and 27.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 12.72% |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | -29.46% |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 18.55% |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | -179.60% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 4.16% |
| 10 | Qfin Holdings | 726.87 Mn | -3.84 Bn | - | 11.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.38% |
| Mar 31, 2026 | 22.60% |
| Dec 31, 2025 | 24.91% |
| Sep 30, 2025 | 27.58% |
| Jun 30, 2025 | 33.24% |
| Mar 31, 2025 | 38.38% |
| Dec 31, 2024 | 42.76% |
| Sep 30, 2024 | 41.25% |
| Jun 30, 2024 | 33.18% |
| Mar 31, 2024 | 28.03% |
| Dec 31, 2023 | 24.73% |
| Sep 30, 2023 | 26.68% |
| Jun 30, 2023 | 28.04% |
| Mar 31, 2023 | 25.95% |
| Dec 31, 2022 | 22.32% |
| Sep 30, 2022 | 23.96% |
| Jun 30, 2022 | 23.42% |
| Mar 31, 2022 | 27.30% |
| Dec 31, 2021 | 29.91% |
| Sep 30, 2021 | 33.91% |
API Access
Qfin Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=QFIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "QFIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=QFIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();