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Side-by-side financial comparison of AMDOCS LTD (DOX) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

AMDOCS LTD is the larger business by last-quarter revenue ($1.3B vs $731.2M, roughly 1.7× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 11.2%, a 16.3% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

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.

DOX vs QFIN — Head-to-Head

Bigger by revenue
DOX
DOX
1.7× larger
DOX
$1.3B
$731.2M
QFIN
Higher net margin
QFIN
QFIN
16.3% more per $
QFIN
27.5%
11.2%
DOX
Faster 2-yr revenue CAGR
QFIN
QFIN
Annualised
QFIN
16.4%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q3 FY2025

Metric
DOX
DOX
QFIN
QFIN
Revenue
$1.3B
$731.2M
Net Profit
$140.3M
$201.2M
Gross Margin
Operating Margin
14.1%
32.7%
Net Margin
11.2%
27.5%
Revenue YoY
1.1%
Net Profit YoY
-12.0%
EPS (diluted)
$1.21

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
DOX
DOX
QFIN
QFIN
Q3 25
$731.2M
Q2 25
$728.1M
Q1 25
$646.4M
Q3 24
$622.7M
Q2 24
$1.3B
$572.4M
Q1 24
$1.2B
$575.2M
Q4 23
$1.2B
Q3 23
$586.8M
Net Profit
DOX
DOX
QFIN
QFIN
Q3 25
$201.2M
Q2 25
$241.6M
Q1 25
$247.6M
Q3 24
$256.3M
Q2 24
$140.3M
$189.4M
Q1 24
$118.5M
$160.7M
Q4 23
$148.0M
Q3 23
$155.9M
Operating Margin
DOX
DOX
QFIN
QFIN
Q3 25
32.7%
Q2 25
41.0%
Q1 25
42.1%
Q3 24
52.4%
Q2 24
14.1%
47.7%
Q1 24
12.5%
32.8%
Q4 23
14.8%
Q3 23
32.4%
Net Margin
DOX
DOX
QFIN
QFIN
Q3 25
27.5%
Q2 25
33.2%
Q1 25
38.3%
Q3 24
41.2%
Q2 24
11.2%
33.1%
Q1 24
9.5%
27.9%
Q4 23
11.9%
Q3 23
26.6%
EPS (diluted)
DOX
DOX
QFIN
QFIN
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
$1.21
Q1 24
$1.01
Q4 23
$1.26
Q3 23

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
QFIN
QFIN
Q3 25
$6.5B
Q2 25
$5.3B
Q1 25
$8.6B
Q3 24
$4.3B
Q2 24
$6.3B
Q1 24
$5.3B
Q4 23
Q3 23
$4.9B
Stockholders' Equity
DOX
DOX
QFIN
QFIN
Q3 25
$24.3B
Q2 25
$24.1B
Q1 25
$23.1B
Q3 24
$22.9B
Q2 24
$22.6B
Q1 24
$22.1B
Q4 23
Q3 23
$21.1B
Total Assets
DOX
DOX
QFIN
QFIN
Q3 25
$61.4B
Q2 25
$59.8B
Q1 25
$55.6B
Q3 24
$47.0B
Q2 24
$47.0B
Q1 24
$47.4B
Q4 23
Q3 23
$46.0B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
QFIN
QFIN
Q3 25
$351.4M
Q2 25
$366.0M
Q1 25
$386.6M
Q3 24
$338.0M
Q2 24
$269.9M
Q1 24
$271.2M
Q4 23
Q3 23
$170.5M
Cash Conversion
DOX
DOX
QFIN
QFIN
Q3 25
1.75×
Q2 25
1.52×
Q1 25
1.56×
Q3 24
1.32×
Q2 24
1.43×
Q1 24
1.69×
Q4 23
Q3 23
1.09×

Financial Flow Comparison

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

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