Qfin Holdings QFIN
NASDAQ QFIN
$8.09 -0.20 (-2.41%)
At close: Sep 18, 2026 · 4:00 PM EDT

Qfin Holdings (QFIN) Operating Margin (2016 - 2026)

Qfin Holdings' (QFIN) quarterly Operating Margin came in at 32.55% in Q2 2026, down 840.0% year-over-year from 4.4% in Q2 2025, and up 30.0% quarter-over-quarter from 25.04% in Q1 2026.

Analysis

Qfin Holdings (QFIN) Operating Margin (2016 - 2026) Analysis & Trends

Qfin Holdings has disclosed Operating Margin across 11 years of filings, most recently posting 32.55% for Q2 2026.

  • In Q2 2026, Operating Margin fell 840.0% year-over-year to 32.55%; the TTM figure through Jun 2026 stood at 28.06% (down 1619.0% YoY), while the FY2025 annual figure was 34.77%, down 908.0% from the prior year.
  • Operating Margin came in at 32.55% for Q2 2026 at Qfin Holdings, up from 25.04% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 52.38% in Q3 2024 to a low of 21.19% in Q4 2025.
  • Average Operating Margin over 5 years is 33.13%, with a median of 31.95% recorded in 2022.
  • Year-over-year, Operating Margin slumped 2215 bps in 2022 and soared 1994 bps in 2024.
  • Over 5 years, Operating Margin stood at 24.16% in 2022, then grew by 18 bps to 28.46% in 2023, then soared by 48 bps to 42.17% in 2024, then sank by 50 bps to 21.19% in 2025, then surged by 54 bps to 32.55% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 32.55% in Q2 2026, 25.04% in Q1 2026, and 21.19% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 4.01%
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 27.34%
3 Qfin Holdings 986.27 Mn -9.51 Mn - 32.55%
4 FinVolution 836.54 Mn -90.46 Mn - 15.55%
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 19.62%
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn -3.09%
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn -4.66%
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn 34.29%
9 Jiayin 76.25 Mn 2.23 Mn - -33.47%
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 205.39%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.55%
Mar 31, 2026 25.04%
Dec 31, 2025 21.19%
Sep 30, 2025 32.66%
Jun 30, 2025 40.96%
Mar 31, 2025 42.10%
Dec 31, 2024 42.17%
Sep 30, 2024 52.38%
Jun 30, 2024 47.72%
Mar 31, 2024 32.84%
Dec 31, 2023 28.46%
Sep 30, 2023 32.44%
Jun 30, 2023 30.18%
Mar 31, 2023 27.98%
Dec 31, 2022 24.16%
Sep 30, 2022 27.95%
Jun 30, 2022 24.16%
Mar 31, 2022 31.46%
Dec 31, 2021 33.50%
Sep 30, 2021 41.05%