Qfin Holdings (QFIN) Operating Expenses (2017 - 2025)

Qfin Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at $461.2 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 29.89% year-over-year to $461.2 million; the TTM figure through Dec 2025 stood at $1.8 billion (up 31.45% YoY), while the FY2025 annual figure was $1.8 billion, up 35.68% from the prior year.
• Operating Expenses came in at $461.2 million for Q4 2025 at Qfin Holdings, down from $492.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $492.4 million in Q3 2025 to a low of $296.5 million in Q3 2024.
• A 5-year average of $400.8 million and a median of $408.1 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses declined 26.43% in 2021 and surged 66.06% in 2025, its largest moves.
• Qfin Holdings' Operating Expenses stood at $461.4 million in 2021, then dropped by 6.91% to $429.5 million in 2022, then climbed by 5.45% to $453.0 million in 2023, then dropped by 21.61% to $355.1 million in 2024, then gained by 29.89% to $461.2 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $461.2 million, $492.4 million, and $429.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison