Qfin Holdings, Inc. (QFIN)

Nasdaq: QFIN · Finance Services · Pudong New Area, Shanghai, CN · filing with the SEC since 2018

Grade7.3

◀ Past 8.4● Present 6.9▶ Future 6.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Apr 27, 2026	Mar 25, 2025	Apr 26, 2024	Apr 27, 2023	Apr 28, 2022	Apr 21, 2021	Apr 30, 2020	Apr 26, 2019	·	·
Revenue	19,205,059	17,165,656	16,290,027	16,553,930	16,635,645	13,563,954	9,219,847	4,447,018	788,144	·
For lenders
Net interest income	·	·	·	·	126,256	77,169	-41,707	10,026	2,422	·
Provision for credit losses	3,625,042	2,773,323	2,151,046	1,580,306	965,419	698,701	486,991	44,474	12,406	·
Cost of revenue	3,001,938	2,900,704	2,659,912	2,373,458	2,252,157	1,600,564	1,083,372	666,067^r	121,821^r	·
Sales and marketing	2,469,546	1,725,877	1,939,885	2,206,948	2,090,374	1,079,494	2,851,519	1,321,950	345,576	·
General and administrative	658,980	449,505	421,076	412,794	557,295	455,952	428,189	560,702^r	45,852^r	·
Total costs and expenses	12,526,640	9,637,086	11,433,063	12,081,746	9,849,446	9,773,796	6,326,256	2,802,506	577,545	·
Operating income	6,678,419	7,528,570	4,856,964	4,472,184	6,786,199	3,790,158	2,893,591	1,644,512	210,599	·
Interest and investment income	·	·	-30,112	-19,888	10,115	·	·	10,026	2,422	·
Interest income (expense), net	278,626	237,015	217,307	182,301	126,256	77,169	·	·	·	·
Other income (expense), net	165,076	125,325	230,936	268,000	64,590	112,884	140,278	7,696	22	·
Income before income taxes	7,376,135	7,892,422	5,277,451	4,742,372	7,022,709	4,081,745	2,967,287	1,659,671	213,043	·
Income tax expense	1,400,492	1,644,306	1,008,874	736,804	1,258,196	586,036	465,983	466,360	48,178	·
Net income including non-controlling interests	5,975,643	6,248,116	4,268,577	4,005,568	5,764,513	3,495,709	2,501,304	1,193,311	164,865	·
Net income to non-controlling interests	-14,048	-16,198	-16,759	-18,605	-17,212	-897	-291	·	·	·
Net income	·	·	·	·	·	·	·	1,193,311	164,865	·
Preferred dividends	·	·	761,552	862,995	276,761	·	·	3,097,733	·	·
Net income to common shareholders	5,989,691	6,264,314	4,285,336	4,024,173	5,781,725	3,496,606	2,501,595	-1,904,422	164,865	·
Earnings per share, basic	22.48	21.02	13.36	12.87	18.82	11.72	8.66	-9.39	0.83	·
Earnings per share, diluted	22.01	20.64	13.04	12.50	17.99	11.40	8.31	-9.39	0.83	·
Weighted average shares, basic	266,496,992	298,012,150	320,749,805	312,589,273	307,265,600	298,222,207	288,827,604	202,751,277	198,347,168	·
Weighted average shares, diluted	272,171,878	303,449,864	328,508,945	322,018,510	321,397,753	306,665,099	300,938,470	202,751,277	198,347,168	·
Weighted average shares, basic and diluted	·	·	·	·	·	·	·	202,751,277	198,347,168	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earned

us-gaap:InvestmentIncomeNet
us-gaap:InvestmentIncomeInterest

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton QFIN · research, not advice