Financing Income was Qfin Holdings’s largest product and service line in fiscal 2025, bringing in $8.57B of $19.21B (45%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Financing Income | $3.49B | $5.11B | $6.64B | $8.57B | ||||||
| Revenue From Releasing Of Guarantee Liabilities | $5.90B | $4.75B | $3.70B | $3.41B | ||||||
| Releasing Of Guarantee Liabilities | — | — | — | — | ||||||
| Revenue From Loan Facilitation Services Under Fees Risk Taking | $1.44B | $1.08B | $638.81M | $1.14B | ||||||
| Revenue From Post-Facilitation Services | — | — | — | — | ||||||
| Revenue From Loan Facilitation Services Under Fees Capital Light | $2.66B | $2.10B | $1.25B | $683.93M | ||||||
| Revenue From Loan Facilitation Services | — | — | — | — | ||||||
| Referral Services Fees | $561.37M | $950.02M | $2.84B | $2.74B | ||||||
| Referral Service Fees | — | — | — | — | ||||||
| Referral Services | — | — | — | — | ||||||
| Revenue From Post Origination Services Under Fees Risk Taking | $644.31M | $585.42M | $377.70M | $461.51M | ||||||
| Revenue From Post-Origination Services | — | — | — | — | ||||||
| Revenue From Post Origination Services Under Fees Capital Light | $1.47B | $1.12B | $870.26M | $478.63M | ||||||
| Other Services Risk Free Model | $281.58M | $387.50M | $487.20M | $1.33B | ||||||
| Other Services Fees | — | $215.62M | $370.99M | $390.30M | ||||||
| Other Services Risk Taking | $112.73M | — | — | — | ||||||
| Platform Services | — | — | — | — | ||||||
| Loan Facilitation Service | — | — | — | — | ||||||
| Post-Origination Services | — | — | — | — | ||||||
| Total | $16.55B | $16.29B | $17.17B | $19.21B |
Qfin Holdings brought in $19.21B from its nine product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $17.17B in fiscal 2024. Financing Income was the largest at $8.57B (44.6%), ahead of Revenue From Releasing Of Guarantee Liabilities at $3.41B (17.8%) and Referral Services Fees at $2.74B (14.3%). The other six lines brought in $4.48B combined.
Compared with fiscal 2024, Other Services Risk Free Model grew fastest, up 172.3% to $1.33B, while Revenue From Loan Facilitation Services Under Fees Capital Light fell the most, down 45.1% to $683.93M.
Qfin Holdings stopped reporting Other Services Risk Taking as a separate line after fiscal 2022, when it brought in $112.73M.
Over Time was Qfin Holdings’s largest revenue line in fiscal 2025, bringing in $13.89B of $19.21B (72%).
| Timing of Transfer of Good or Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Over Time | $11.61B | $11.81B | $11.79B | $13.89B | ||
| At A Point In Time | $4.94B | $4.49B | $5.37B | $5.32B | ||
| Total | $16.55B | $16.29B | $17.17B | $19.21B |
Qfin Holdings brought in $19.21B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 11.9% from $17.17B in fiscal 2024. Over Time was the largest at $13.89B (72.3%), ahead of At A Point In Time at $5.32B (27.7%).
Compared with fiscal 2024, Over Time grew 17.8% to $13.89B, while At A Point In Time fell 1.0% to $5.32B. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $16.55B to $19.21B, a compound annual growth rate of 5.1%. Over Time's share of the total rose from 70.2% to 72.3%.
New Revenue Standard Adjustment was Qfin Holdings’s largest revenue line in fiscal 2016, bringing in $1.60M of $1.66M (96%).
| Initial Application Period Cumulative Effect Transition | FY 2016 |
|---|---|
| New Revenue Standard Adjustment | $1.60M |
| As Previously Reported | $60.00K |
| Total | $1.66M |
Qfin Holdings brought in $1.66M from its two revenue lines in fiscal 2016, the year ended December 31, 2016. New Revenue Standard Adjustment was the largest at $1.60M (96.4%), ahead of As Previously Reported at $60.00K (3.6%).
Qfin Holdings (QFIN) reports its revenue by product and service, by timing of transfer of good or service and by initial application period cumulative effect transition. In fiscal 2025, Financing Income was its largest product and service line, bringing in $8.57B (44.6% of the total), followed by Revenue From Releasing Of Guarantee Liabilities at $3.41B (17.8%).
Financing Income was Qfin Holdings' largest product and service line in fiscal 2025, bringing in $8.57B, or 44.6% of the $19.21B total across its nine product and service lines.
Over Time was Qfin Holdings' largest revenue line in fiscal 2025, bringing in $13.89B, or 72.3% of the $19.21B total across its two revenue lines.
Among Qfin Holdings' product and service lines that make up at least 2% of revenue, Other Services Risk Free Model grew fastest in fiscal 2025, up 172.3% from $487.20M to $1.33B.
Every figure comes from Qfin Holdings' annual financial filings, as reported. Each line keeps the name Qfin Holdings gives it, and years follow its fiscal calendar.
Qfin Holdings' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.