Qfin Holdings (QFIN) Notes Payables (2017 - 2026)
Qfin Holdings' (QFIN) quarterly Notes Payables came in at $321.9 million in Q2 2026, up 57.55% year-over-year from $204.3 million in Q2 2025, and up 255.82% quarter-over-quarter from $90.5 million in Q1 2026.
Analysis
Qfin Holdings (QFIN) Notes Payables (2017 - 2026) Analysis & Trends
Qfin Holdings has disclosed Notes Payables across 10 years of filings, most recently posting $321.9 million for Q2 2026.
- In Q2 2026, Notes Payables rose 57.55% year-over-year to $321.9 million; the TTM figure through Jun 2026 stood at $321.9 million (up 57.55% YoY), while the FY2025 annual figure was $172.0 million, down 8.35% from the prior year.
- Notes Payables came in at $321.9 million for Q2 2026 at Qfin Holdings, up from $90.5 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $321.9 million in Q2 2026 to a low of $21.1 million in Q4 2022.
- Average Notes Payables over 5 years is $128.4 million, with a median of $107.3 million recorded in 2023.
- The largest YoY upside for Notes Payables was 425.89% in 2023 against a maximum downside of 76.39% in 2023.
- Over 5 years, Notes Payables stood at $21.1 million in 2022, then surged by 425.89% to $110.9 million in 2023, then jumped by 71.95% to $190.7 million in 2024, then retreated by 11.07% to $169.6 million in 2025, then soared by 89.79% to $321.9 million in 2026.
- Per Business Quant data, the three most recent Notes Payables figures were $321.9 million in Q2 2026, $90.5 million in Q1 2026, and $169.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn |
| 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 | 321.88 Mn |
| Mar 31, 2026 | 90.46 Mn |
| Dec 31, 2025 | 169.60 Mn |
| Sep 30, 2025 | 209.55 Mn |
| Jun 30, 2025 | 204.30 Mn |
| Mar 31, 2025 | 168.04 Mn |
| Dec 31, 2024 | 190.72 Mn |
| Sep 30, 2024 | 148.68 Mn |
| Jun 30, 2024 | 145.67 Mn |
| Mar 31, 2024 | 94.71 Mn |
| Dec 31, 2023 | 110.91 Mn |
| Sep 30, 2023 | 103.66 Mn |
| Jun 30, 2023 | 35.86 Mn |
| Mar 31, 2023 | 21.84 Mn |
| Dec 31, 2022 | 21.09 Mn |
| Sep 30, 2022 | 89.94 Mn |
| Jun 30, 2022 | 91.24 Mn |
| Mar 31, 2022 | 92.51 Mn |
| Dec 31, 2021 | 62.18 Mn |
| Sep 30, 2021 | 52.13 Mn |