Qfin Holdings (QFIN) Net Margin (2017 - 2025)
Qfin Holdings recorded quarterly Net Margin of 24.91% in Q4 2025, down 9.69% quarter-over-quarter from 27.58% in Q3 2025, and down 1785.0% year-over-year from 1.48% in Q4 2024.
Qfin Holdings' Net Margin history runs 9 years deep, the most recent figure standing at 24.91% for Q4 2025.
- In Q4 2025, Net Margin fell 1785.0% year-over-year to 24.91%; the TTM figure through Dec 2025 stood at 31.13% (down 539.0% YoY), while the FY2025 annual figure was 31.19%, down 531.0% from the prior year.
- Net Margin came in at 24.91% for Q4 2025 at Qfin Holdings, down from 27.58% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 42.76% in Q4 2024 to a low of 22.32% in Q4 2022.
- A 5-year average of 30.58% and a median of 28.03% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 3167 bps in 2021 and sank 1785 bps in 2025, its largest moves.
- Qfin Holdings' Net Margin stood at 29.91% in 2021, then decreased by 25 bps to 22.32% in 2022, then gained by 11 bps to 24.73% in 2023, then soared by 73 bps to 42.76% in 2024, then sank by 42 bps to 24.91% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 24.91%, 27.58%, and 33.24% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 554.71 Bn | 542.31 Bn | - | 53.62% |
| 2 | Mastercard | 443.64 Bn | 433.43 Bn | - | 46.23% |
| 3 | American Express | 211.69 Bn | 157.65 Bn | 17.43 Bn | 15.71% |
| 4 | Capital One Financial | 115.44 Bn | 38.94 Bn | - | 13.66% |
| 5 | PayPal Holdings | 40.47 Bn | 31.13 Bn | 7.84 Bn | 13.32% |
| 6 | Synchrony Financial | 24.65 Bn | 4.09 Bn | - | 16.44% |
| 7 | SoFi Technologies | 20.00 Bn | 16.60 Bn | 929.25 Mn | 15.15% |
| 8 | Ally Financial | 13.32 Bn | 12.88 Bn | 1.98 Bn | 13.84% |
| 9 | Eason Technology | 11.55 Bn | 11.54 Bn | - | - |
| 10 | Qfin Holdings | 465.17 Mn | -593.26 Mn | 506.52 Mn | 24.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 38.68% |
| Mar 31, 2021 | 37.44% |
| Dec 31, 2020 | 36.10% |
| Sep 30, 2020 | 33.26% |
| Jun 30, 2020 | 26.24% |
| Mar 31, 2020 | 5.76% |
| Dec 31, 2019 | 17.69% |
| Sep 30, 2019 | 28.40% |
| Jun 30, 2019 | 27.96% |
| Mar 31, 2019 | 35.84% |
| Dec 31, 2018 | 37.97% |
| Sep 30, 2018 | -193.47% |
| Jun 30, 2018 | 6.65% |
| Mar 31, 2018 | 27.29% |
| Dec 31, 2017 | 34.25% |