Qfin Holdings (QFNHF) Gross Margin (2017 - 2026)

Qfin Holdings' (QFNHF) quarterly Gross Margin came in at 87.97% in Q1 2026, up 73.0% year-on-year from 50.85% in Q1 2025, and up 1.65% quarter-over-quarter from 86.55% in Q4 2025.

Qfin Holdings (QFNHF) Gross Margin (2017 - 2026) Analysis & Trends

Qfin Holdings has disclosed Gross Margin across 10 years of filings, most recently posting 87.97% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 87.97%, up 73.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 86.89% (down 186.0% YoY), and the FY2025 annual result was 85.92%, up 282.0% from the prior year.
  • Gross Margin came in at 87.97% for Q1 2026 at Qfin Holdings, up from 86.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.99% in Q2 2023 to a low of 84.94% in Q3 2022.
  • The 5-year median for Gross Margin is 87.97% (2026), against an average of 88.15%.
  • Across the five-year window, Gross Margin surged 535 bps in 2023 and tumbled 474 bps in 2025, its largest moves.
  • Qfin Holdings' Gross Margin stood at 89.37% in 2022, then slipped by 2 bps to 87.73% in 2023, then grew by 1 bps to 88.31% in 2024, then decreased by 2 bps to 86.55% in 2025, then grew by 2 bps to 87.97% in 2026.
  • The last three Gross Margin figures came in at 87.97% (Q1 2026), 86.55% (Q4 2025), and 86.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 92.17%
4 Capital One Financial 112.47 Bn 35.97 Bn - -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 93.80%
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 78.22%
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 84.45%
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 94.24%
10 Qfin Holdings - - 498.57 Mn 87.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 87.97%
Dec 31, 2025 86.55%
Sep 30, 2025 86.76%
Jun 30, 2025 86.46%
Mar 31, 2025 87.24%
Dec 31, 2024 88.31%
Sep 30, 2024 88.51%
Jun 30, 2024 91.19%
Mar 31, 2024 90.87%
Dec 31, 2023 87.73%
Sep 30, 2023 88.39%
Jun 30, 2023 91.99%
Mar 31, 2023 88.61%
Dec 31, 2022 89.37%
Sep 30, 2022 84.94%
Jun 30, 2022 86.64%
Mar 31, 2022 87.11%
Dec 31, 2021 85.79%
Sep 30, 2021 87.49%
Jun 30, 2021 87.51%