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Side-by-side financial comparison of ANTERO RESOURCES Corp (AR) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

ANTERO RESOURCES Corp is the larger business by last-quarter revenue ($1.4B vs $731.2M, roughly 1.9× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 14.4%, a 13.1% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% CAGR vs 12.2%).

Antero Resources Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado. The company's reserves are entirely in the Appalachian Basin and are extracted using hydraulic fracturing.

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

AR vs QFIN — Head-to-Head

Bigger by revenue
AR
AR
1.9× larger
AR
$1.4B
$731.2M
QFIN
Higher net margin
QFIN
QFIN
13.1% more per $
QFIN
27.5%
14.4%
AR
Faster 2-yr revenue CAGR
QFIN
QFIN
Annualised
QFIN
16.4%
12.2%
AR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AR
AR
QFIN
QFIN
Revenue
$1.4B
$731.2M
Net Profit
$202.9M
$201.2M
Gross Margin
Operating Margin
20.5%
32.7%
Net Margin
14.4%
27.5%
Revenue YoY
20.8%
Net Profit YoY
27.8%
EPS (diluted)
$0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AR
AR
QFIN
QFIN
Q4 25
$1.4B
Q3 25
$1.2B
$731.2M
Q2 25
$1.3B
$728.1M
Q1 25
$1.4B
$646.4M
Q4 24
$1.2B
Q3 24
$1.1B
$622.7M
Q2 24
$978.7M
$572.4M
Q1 24
$1.1B
$575.2M
Net Profit
AR
AR
QFIN
QFIN
Q4 25
$202.9M
Q3 25
$85.6M
$201.2M
Q2 25
$166.6M
$241.6M
Q1 25
$219.5M
$247.6M
Q4 24
$158.8M
Q3 24
$-25.2M
$256.3M
Q2 24
$-74.6M
$189.4M
Q1 24
$34.7M
$160.7M
Operating Margin
AR
AR
QFIN
QFIN
Q4 25
20.5%
Q3 25
9.7%
32.7%
Q2 25
15.8%
41.0%
Q1 25
20.1%
42.1%
Q4 24
4.9%
Q3 24
-2.4%
52.4%
Q2 24
-8.2%
47.7%
Q1 24
4.3%
32.8%
Net Margin
AR
AR
QFIN
QFIN
Q4 25
14.4%
Q3 25
7.1%
27.5%
Q2 25
12.8%
33.2%
Q1 25
16.2%
38.3%
Q4 24
13.6%
Q3 24
-2.4%
41.2%
Q2 24
-7.6%
33.1%
Q1 24
3.1%
27.9%
EPS (diluted)
AR
AR
QFIN
QFIN
Q4 25
$0.63
Q3 25
$0.24
Q2 25
$0.50
Q1 25
$0.66
Q4 24
$0.48
Q3 24
$-0.11
Q2 24
$-0.26
Q1 24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AR
AR
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.6B
$24.3B
Total Assets
$13.2B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AR
AR
QFIN
QFIN
Q4 25
Q3 25
$6.5B
Q2 25
$5.3B
Q1 25
$8.6B
Q4 24
Q3 24
$4.3B
Q2 24
$6.3B
Q1 24
$5.3B
Stockholders' Equity
AR
AR
QFIN
QFIN
Q4 25
$7.6B
Q3 25
$7.3B
$24.3B
Q2 25
$7.3B
$24.1B
Q1 25
$7.2B
$23.1B
Q4 24
$7.0B
Q3 24
$7.0B
$22.9B
Q2 24
$7.0B
$22.6B
Q1 24
$7.1B
$22.1B
Total Assets
AR
AR
QFIN
QFIN
Q4 25
$13.2B
Q3 25
$12.9B
$61.4B
Q2 25
$12.8B
$59.8B
Q1 25
$13.0B
$55.6B
Q4 24
$13.0B
Q3 24
$13.2B
$47.0B
Q2 24
$13.4B
$47.0B
Q1 24
$13.5B
$47.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AR
AR
QFIN
QFIN
Operating Cash FlowLast quarter
$370.7M
$351.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.83×
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AR
AR
QFIN
QFIN
Q4 25
$370.7M
Q3 25
$310.1M
$351.4M
Q2 25
$492.4M
$366.0M
Q1 25
$457.7M
$386.6M
Q4 24
$278.0M
Q3 24
$166.2M
$338.0M
Q2 24
$143.5M
$269.9M
Q1 24
$261.6M
$271.2M
Cash Conversion
AR
AR
QFIN
QFIN
Q4 25
1.83×
Q3 25
3.62×
1.75×
Q2 25
2.96×
1.52×
Q1 25
2.09×
1.56×
Q4 24
1.75×
Q3 24
1.32×
Q2 24
1.43×
Q1 24
7.55×
1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AR
AR

Natural Gas Production$773.6M55%
Natural Gas Liquids Sales C3Ngls$378.1M27%
Other$97.3M7%
Natural Gas Liquids Sales Ethane$96.1M7%
Oil And Condensate$34.8M2%
Marketings$31.7M2%

QFIN
QFIN

Segment breakdown not available.

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