Qfin Holdings (QFIN) Payables (2017 - 2026)
Qfin Holdings' (QFIN) quarterly Payables came in at $320.7 million in Q2 2026, up 58.52% year-over-year from $202.3 million in Q2 2025, and up 256.04% quarter-over-quarter from $90.1 million in Q1 2026.
Analysis
Qfin Holdings (QFIN) Payables (2017 - 2026) Analysis & Trends
Qfin Holdings has disclosed Payables across 10 years of filings, most recently posting $320.7 million for Q2 2026.
- In Q2 2026, Payables rose 58.52% year-over-year to $320.7 million; the TTM figure through Jun 2026 stood at $320.7 million (up 58.52% YoY), while the FY2025 annual figure was $169.6 million, down 9.63% from the prior year.
- Payables came in at $320.7 million for Q2 2026 at Qfin Holdings, up from $90.1 million in the prior quarter.
- In the past five years, Payables ranged from a high of $320.7 million in Q2 2026 to a low of $21.9 million in Q1 2023.
- Average Payables over 5 years is $131.5 million, with a median of $119.2 million recorded in 2022.
- Year-over-year, Payables plunged 76.27% in 2023 and surged 336.14% in 2024.
- Over 5 years, Payables stood at $46.1 million in 2022, then surged by 140.85% 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 jumped by 89.12% to $320.7 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $320.7 million in Q2 2026, $90.1 million in Q1 2026, and $169.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 145.21 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 4.05 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 320.74 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | 108.61 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 58.19 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 8.04 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 418,000.00 |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 23.11 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | 22.76 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 | 320.74 Mn |
| Mar 31, 2026 | 90.09 Mn |
| Dec 31, 2025 | 169.60 Mn |
| Sep 30, 2025 | 208.43 Mn |
| Jun 30, 2025 | 202.34 Mn |
| Mar 31, 2025 | 167.75 Mn |
| Dec 31, 2024 | 190.72 Mn |
| Sep 30, 2024 | 145.59 Mn |
| Jun 30, 2024 | 146.23 Mn |
| Mar 31, 2024 | 95.63 Mn |
| Dec 31, 2023 | 110.91 Mn |
| Sep 30, 2023 | 104.55 Mn |
| Jun 30, 2023 | 37.12 Mn |
| Mar 31, 2023 | 21.93 Mn |
| Dec 31, 2022 | 46.05 Mn |
| Sep 30, 2022 | 89.94 Mn |
| Jun 30, 2022 | 127.57 Mn |
| Mar 31, 2022 | 92.40 Mn |
| Dec 31, 2021 | 105.51 Mn |
| Sep 30, 2021 | 52.13 Mn |