Qfin Holdings (QFIN) Operating Margin (2017 - 2026)
Qfin Holdings (QFIN) posted Operating Margin of 25.04% for Q1 2026, up 18.14% sequentially from 21.19% in Q4 2025, and down 1706.0% YoY from 1.56% in Q1 2025.
Qfin Holdings (QFIN) Operating Margin (2017 - 2026) Analysis & Trends
Qfin Holdings (QFIN) has 10 years of Operating Margin data on file, last reported at 25.04% in Q1 2026.
- Quarterly Operating Margin fell 1706.0% year-over-year to 25.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.75% (down 1529.0% YoY) and the FY2025 annual result came in at 34.77%, down 908.0% from the prior year.
- Operating Margin climbed to 25.04% in Q1 2026 per QFIN's latest filing, from 21.19% in the prior quarter.
- The five-year high for Operating Margin was 52.38% in Q3 2024, with the low at 21.19% in Q4 2025.
- Average Operating Margin over 5 years is 33.17%, with a median of 31.46% recorded in 2022.
- Year-over-year, Operating Margin sank 2215 bps in 2022 and soared 1994 bps in 2024.
- Qfin Holdings' Operating Margin stood at 24.16% in 2022, then gained by 18 bps to 28.46% in 2023, then soared by 48 bps to 42.17% in 2024, then plunged by 50 bps to 21.19% in 2025, then increased by 18 bps to 25.04% in 2026.
- Business Quant data shows QFIN's Operating Margin at 25.04% in Q1 2026, 21.19% in Q4 2025, and 32.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 64.42% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 58.43% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 18.77% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 17.81% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 26.44% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 3.39% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 35.49% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 24.11% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 15.96% |
| 10 | Qfin Holdings | 3.99 Bn | -935.70 Bn | 498.57 Mn | 25.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 46.31% |