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QFIN Financials Qfin Holdings, Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 7.2% per year over the past 5 years.
  • Net income has grown faster than revenue (11.3% vs 7.2% per year).
  • Operating margin has expanded, at 34.8% in the latest year.
  • Free cash flow has grown 15.3% per year over the past 5 years.

Financial health

  • Total debt has grown faster than revenue (272.3% vs 7.2% per year).
Revenue & net income
CN¥0 CN¥10B CN¥19B 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 44% 88% 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 19% 38% 2017 2018 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-CN¥118M CN¥5B CN¥11B CN¥0 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
CN¥0 CN¥4B CN¥7B 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-CN¥13B -CN¥999M CN¥11B CN¥0 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 CN¥19.2B CN¥6.0B 84.4% 34.8% 24.8% 10.5% CN¥10.8B — CN¥4.7B
2024 CN¥17.2B CN¥6.2B 83.1% 43.9% 25.8% 13.0% CN¥9.2B CN¥247M CN¥4.5B
2023 CN¥16.3B CN¥4.3B 83.7% 29.8% 19.5% 9.3% CN¥7.0B CN¥91M CN¥4.2B
2022 CN¥16.6B CN¥4.0B 85.7% 27.0% 21.3% 9.9% CN¥5.9B CN¥18M CN¥7.2B
2021 CN¥16.6B CN¥5.8B 86.5% 40.8% 37.9% 17.2% CN¥5.8B — CN¥6.1B
2020 CN¥13.6B CN¥3.5B 88.2% 27.9% 36.9% 14.3% CN¥5.3B — CN¥4.4B
2019 CN¥9.2B CN¥2.5B 88.2% 31.4% 34.7% 12.3% CN¥2.9B — CN¥2.1B
2018 CN¥4.4B CN¥1.2B 85.0% 37.0% 26.9% 16.2% CN¥277M — CN¥1.4B
2017 CN¥788M CN¥165M 84.5% 26.7% 22.5% 5.3% -CN¥118M — CN¥469M

Frequently asked questions

Is QFIN growing its revenue and profit?

Over the past 5 years, Qfin Holdings, Inc.'s revenue has grown 7.2% per year, and net income grown 11.3% per year. These are computed facts, not advice.

How much debt does QFIN have?

As of FY2025, Qfin Holdings, Inc. reported — of total debt against CN¥4.7B of cash.

What is QFIN's profit margin?

In FY2025, gross margin was 84.4%, operating margin 34.8%, and net margin 31.1%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.