Qfin Holdings (QFIN) Tax Rate (2016 - 2026)
Qfin Holdings' (QFIN) quarterly Tax Rate came in at 63.26% in Q2 2026, down 4293.0% year-over-year from 1.51% in Q2 2025, and down 176.75% quarter-over-quarter from 22.86% in Q1 2026.
Analysis
Qfin Holdings (QFIN) Tax Rate (2016 - 2026) Analysis & Trends
Qfin Holdings has disclosed Tax Rate across 11 years of filings, most recently posting 63.26% for Q2 2026.
- In Q2 2026, Tax Rate fell 4293.0% year-over-year to 63.26%; the TTM figure through Jun 2026 stood at 28.75% (down 1203.0% YoY), while the FY2025 annual figure was 18.99%, up 185.0% from the prior year.
- Tax Rate came in at 63.26% for Q2 2026 at Qfin Holdings, down from 22.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.04% in Q4 2024 to a low of 63.26% in Q2 2026.
- Average Tax Rate over 5 years is 21.06%, with a median of 19.53% recorded in 2023.
- Year-over-year, Tax Rate jumped 1574 bps in 2024 and sank 4293 bps in 2026.
- Over 5 years, Tax Rate stood at 15.31% in 2022, then dropped by 10 bps to 16.77% in 2023, then surged by 94 bps to 1.04% in 2024, then tumbled by 1042 bps to 11.84% in 2025, then sank by 434 bps to 63.26% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 63.26% in Q2 2026, 22.86% in Q1 2026, and 11.84% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 3.58% |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | -2.64% |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | -63.26% |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | -21.42% |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | -24.80% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.13% |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | -8.78% |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | -34.54% |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -63.26% |
| Mar 31, 2026 | -22.86% |
| Dec 31, 2025 | -11.84% |
| Sep 30, 2025 | -21.78% |
| Jun 30, 2025 | -20.33% |
| Mar 31, 2025 | -19.08% |
| Dec 31, 2024 | -1.04% |
| Sep 30, 2024 | -23.68% |
| Jun 30, 2024 | -33.71% |
| Mar 31, 2024 | -23.99% |
| Dec 31, 2023 | -16.77% |
| Sep 30, 2023 | -23.03% |
| Jun 30, 2023 | -19.98% |
| Mar 31, 2023 | -15.63% |
| Dec 31, 2022 | -15.31% |
| Sep 30, 2022 | -15.63% |
| Jun 30, 2022 | -15.61% |
| Mar 31, 2022 | -15.56% |
| Dec 31, 2021 | -15.32% |
| Sep 30, 2021 | -18.65% |