Qfin Holdings (QFIN) Company Report

Qfin Holdings, Inc. reported total net revenue of RMB5,205.7 million (US$731.2 million) for the third quarter of 2025, with net income of RMB1,432.5 million (US$201.2 million) and Non-GAAP net income of RMB1,508.2 million (US$211.9 million). Net income per fully diluted ADS was RMB10.80 (US$1.52), and Non-GAAP net income per fully diluted ADS was RMB11.36 (US$1.60).
For the fourth quarter of 2025, the company expects net income between RMB0.92 billion and RMB1.12 billion and Non-GAAP net income between RMB1.0 billion and RMB1.2 billion, representing a year-on-year decline of 39% to 49%.
QFIN anticipates full year 2025 net income between RMB5.88 billion and RMB6.08 billion and Non-GAAP net income between RMB6.28 billion and RMB6.48 billion, reflecting a year-on-year change of -2% to +1%.
As of November 18, 2025, the company had repurchased approximately 7.3 million ADSs for a total of approximately US$281 million under the 2025 Share Repurchase Plan.

Nov 19, 2025, 11:14 AM

Qifu Technology Announces Q3 2025 Results and Q4 2025 Guidance

QFIN

Earnings

Guidance Update

Share Buyback

Qifu Technology reported non-GAAP net income of RMB 1.51 billion and non-GAAP EPADS of RMB 11.36 for Q3 2025.
Total loan facilitation and origination volume for Q3 2025 reached RMB 83.3 billion , with total net revenue at RMB 5.21 billion.
The company expects Q4 2025 non-GAAP net income to be between RMB 1 billion and RMB 1.2 billion.
As of November 18, 2025, Qifu Technology had repurchased 7.3 million ADSs for $281 million under its $450 million share repurchase program, with $170 million remaining.
Risk indicators showed an increase in Q3 2025, with the 90-day delinquency rate at 2.09% and the day-one delinquency rate at 5.5%.

Nov 19, 2025, 12:30 AM

QFIN Reports Q3 2025 Results and Provides Q4 Outlook

QFIN

Earnings

Guidance Update

Share Buyback

QFIN reported Q3 2025 non-GAAP net income of RMB 1.51 billion and non-GAAP EPADS of RMB 11.36, with total net revenue reaching RMB 5.21 billion.
Total loan facilitation and origination volume was RMB 83.3 billion in Q3 2025, broadly in line with Q2, amidst persistent economic headwinds and regulatory adjustments in the consumer finance sector.
Asset quality indicators showed an increase in delinquency, with the 90-day delinquency rate at 2.09% and C-M2 at 0.79% in Q3 2025, prompting the company to prioritize risk management and tighten credit standards.
For Q4 2025, QFIN expects non-GAAP net income to be between RMB 1 billion and RMB 1.2 billion. The company also intends to resume its share repurchase program, with RMB 170 million remaining from the RMB 450 million program.

Nov 19, 2025, 12:30 AM

QFIN Reports Q3 2025 Financial and Operational Results

QFIN

Earnings

Share Buyback

Dividends

QFIN reported RMB5,206 million in total net revenue and RMB1,508 million in Non-GAAP net income for Q3 2025, achieving a 25.0% Non-GAAP Return on Equity (ROE).
The company facilitated RMB83.3 billion in loans during Q3 2025, reaching 62.1 million cumulative users with approved credit lines and 38.1 million cumulative borrowers as of September 30, 2025.
The D1 delinquency rate for Q3 2025 was 5.5%.
QFIN has repurchased over US$1 billion worth of ADSs cumulatively, resulting in a 22.8% share count reduction from June 20, 2023, to November 18, 2025, and declared a $0.76 dividend per ADS for 1H25.

Nov 19, 2025, 12:30 AM

Qifu Technology Reports Q3 2025 Results and Provides Q4 Outlook

QFIN

Earnings

Guidance Update

Share Buyback

Qifu Technology reported non-GAAP net income of RMB 1.51 billion and non-GAAP EPADS of RMB 11.36 for Q3 2025. Total net revenue for the quarter was RMB 5.21 billion.
Total loan facilitation and origination volume reached RMB 83.3 billion in Q3 2025, broadly in line with Q2. The company added 1.95 million new credit line users and 1.35 million new borrowers during the quarter.
Asset quality indicators showed an uptick, with the 90-day delinquency rate at 2.09% and the Day-one delinquency rate at 5.5% in Q3 2025. However, the company noted encouraging early signs of stabilization in asset quality since mid-October, with the FPD7 for new loans declining in September versus August.
For Q4 2025, the company expects non-GAAP net income to be between RMB 1 billion and RMB 1.2 billion. Management anticipates continued volatility in risk indicators in the near term and a take rate of 3-4% for Q4.
As of November 18, 2025, the company had repurchased approximately 7.3 million ADSs for a total of $281 million under its $450 million share repurchase program and intends to resume the program. The board-approved dividend payout ratio is 20-30%.