Qfin Holdings (QFIN) Tax Rate (2018 - 2022)
Qfin Holdings (QFIN) recorded Tax Rate of -63.26% in Q2 2026, down 42.93 percentage points from -20.33% a year earlier and down 40.40 percentage points from the prior quarter.
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Analysis
Qfin Holdings (QFIN) Tax Rate (2018 - 2022) Analysis & Trends
On a TTM basis, Qfin Holdings' Tax Rate came in at -28.75% as of Jun 30, 2026, down 12.03 percentage points year-over-year; for FY2025, it was -18.99%, up 1.85 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -4.63 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -20.83% in FY2024 (-1.72 pp), -19.12% in FY2023 (-3.58 pp), -15.54% in FY2022 (+2.38 pp) and -17.92% in FY2021 (-3.56 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate in data going back to Q4 2017.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -2.78 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 15.74 percentage points in Q4 2024, against a drop of 42.93 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -22.86% (Q1 2026), -11.84% (Q4 2025) and -21.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 15.73% |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 71.11% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | - |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 26.96% |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 20.13% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 30.70% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 0.76% |
| 10 | Qfin Holdings | 726.87 Mn | -3.84 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 15.31% |
| Dec 31, 2021 | 15.32% |
| Dec 31, 2020 | 10.91% |
| Sep 30, 2020 | 15.58% |
| Jun 30, 2020 | 15.95% |
| Mar 31, 2020 | 19.69% |
| Dec 31, 2019 | 27.66% |
| Sep 30, 2019 | 20.48% |
| Jun 30, 2019 | 21.86% |
| Mar 31, 2019 | 21.50% |
| Dec 31, 2018 | 14.94% |
API Access
Qfin Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=QFIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "QFIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=QFIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();