Qfin Holdings (QFNHF) Cost of Revenue (2017 - 2026)
Qfin Holdings' (QFNHF) quarterly Cost of Revenue came in at $66.1 million in Q1 2026, down 18.91% year-on-year from $81.5 million in Q1 2025, and down 16.05% quarter-over-quarter from $78.7 million in Q4 2025.
Qfin Holdings (QFNHF) Cost of Revenue (2017 - 2026) Analysis & Trends
Qfin Holdings has disclosed Cost of Revenue across 10 years of filings, most recently posting $66.1 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $66.1 million, down 18.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $330.7 million (up 25.49% YoY), and the FY2025 annual result was $429.3 million, up 8.02% from the prior year.
- Cost of Revenue came in at $66.1 million for Q1 2026 at Qfin Holdings, down from $78.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $93.4 million in Q3 2025 to a low of $50.4 million in Q2 2024.
- The 5-year median for Cost of Revenue is $72.6 million (2023), against an average of $73.6 million.
- Across the five-year window, Cost of Revenue tumbled 38.93% in 2022 and jumped 83.48% in 2025, its largest moves.
- Qfin Holdings' Cost of Revenue stood at $60.2 million in 2022, then climbed by 29.06% to $77.7 million in 2023, then retreated by 7.61% to $71.8 million in 2024, then gained by 9.68% to $78.7 million in 2025, then decreased by 16.05% to $66.1 million in 2026.
- The last three Cost of Revenue figures came in at $66.1 million (Q1 2026), $78.7 million (Q4 2025), and $93.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.48 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 1.50 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 518.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 72.85 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 171.12 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 121.00 Mn |
| 10 | Qfin Holdings | - | - | 498.57 Mn | 66.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.10 Mn |
| Mar 31, 2026 | 66.10 Mn |
| Dec 31, 2025 | 78.73 Mn |
| Dec 31, 2025 | 78.73 Mn |
| Sep 30, 2025 | 93.39 Mn |
| Sep 30, 2025 | 93.39 Mn |
| Jun 30, 2025 | 92.51 Mn |
| Jun 30, 2025 | 92.51 Mn |
| Mar 31, 2025 | 81.51 Mn |
| Mar 31, 2025 | 81.51 Mn |
| Dec 31, 2024 | 71.78 Mn |
| Dec 31, 2024 | 71.78 Mn |
| Sep 30, 2024 | 59.84 Mn |
| Sep 30, 2024 | 59.84 Mn |
| Jun 30, 2024 | 50.42 Mn |
| Jun 30, 2024 | 50.42 Mn |
| Mar 31, 2024 | 57.56 Mn |
| Mar 31, 2024 | 57.56 Mn |
| Dec 31, 2023 | 77.69 Mn |
| Dec 31, 2023 | 77.69 Mn |