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Side-by-side financial comparison of Hims & Hers Health, Inc. (HIMS) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

Qfin Holdings, Inc. is the larger business by last-quarter revenue ($731.2M vs $617.8M, roughly 1.2× Hims & Hers Health, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 3.3%, a 24.2% gap on every dollar of revenue. Over the past eight quarters, Hims & Hers Health, Inc.'s revenue compounded faster (49.0% CAGR vs 16.4%).

Hims & Hers Health, Inc. is an American telehealth company established in 2017. The company provides prescription medications, over-the-counter medications, and personal care products.

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.

HIMS vs QFIN — Head-to-Head

Bigger by revenue
QFIN
QFIN
1.2× larger
QFIN
$731.2M
$617.8M
HIMS
Higher net margin
QFIN
QFIN
24.2% more per $
QFIN
27.5%
3.3%
HIMS
Faster 2-yr revenue CAGR
HIMS
HIMS
Annualised
HIMS
49.0%
16.4%
QFIN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HIMS
HIMS
QFIN
QFIN
Revenue
$617.8M
$731.2M
Net Profit
$20.6M
$201.2M
Gross Margin
71.9%
Operating Margin
1.5%
32.7%
Net Margin
3.3%
27.5%
Revenue YoY
28.4%
Net Profit YoY
-20.8%
EPS (diluted)
$0.08

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
HIMS
HIMS
QFIN
QFIN
Q4 25
$617.8M
Q3 25
$599.0M
$731.2M
Q2 25
$544.8M
$728.1M
Q1 25
$586.0M
$646.4M
Q4 24
$481.1M
Q3 24
$401.6M
$622.7M
Q2 24
$315.6M
$572.4M
Q1 24
$278.2M
$575.2M
Net Profit
HIMS
HIMS
QFIN
QFIN
Q4 25
$20.6M
Q3 25
$15.8M
$201.2M
Q2 25
$42.5M
$241.6M
Q1 25
$49.5M
$247.6M
Q4 24
$26.0M
Q3 24
$75.6M
$256.3M
Q2 24
$13.3M
$189.4M
Q1 24
$11.1M
$160.7M
Gross Margin
HIMS
HIMS
QFIN
QFIN
Q4 25
71.9%
Q3 25
73.8%
Q2 25
76.4%
Q1 25
73.5%
Q4 24
76.8%
Q3 24
79.2%
Q2 24
81.3%
Q1 24
82.4%
Operating Margin
HIMS
HIMS
QFIN
QFIN
Q4 25
1.5%
Q3 25
2.0%
32.7%
Q2 25
4.9%
41.0%
Q1 25
9.9%
42.1%
Q4 24
3.9%
Q3 24
5.6%
52.4%
Q2 24
3.5%
47.7%
Q1 24
3.6%
32.8%
Net Margin
HIMS
HIMS
QFIN
QFIN
Q4 25
3.3%
Q3 25
2.6%
27.5%
Q2 25
7.8%
33.2%
Q1 25
8.4%
38.3%
Q4 24
5.4%
Q3 24
18.8%
41.2%
Q2 24
4.2%
33.1%
Q1 24
4.0%
27.9%
EPS (diluted)
HIMS
HIMS
QFIN
QFIN
Q4 25
$0.08
Q3 25
$0.06
Q2 25
$0.17
Q1 25
$0.20
Q4 24
$0.10
Q3 24
$0.32
Q2 24
$0.06
Q1 24
$0.05

Balance Sheet & Financial Strength

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

Metric
HIMS
HIMS
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$228.6M
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$540.9M
$24.3B
Total Assets
$2.2B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIMS
HIMS
QFIN
QFIN
Q4 25
$228.6M
Q3 25
$345.8M
$6.5B
Q2 25
$1.1B
$5.3B
Q1 25
$273.7M
$8.6B
Q4 24
$220.6M
Q3 24
$165.5M
$4.3B
Q2 24
$129.3M
$6.3B
Q1 24
$105.2M
$5.3B
Stockholders' Equity
HIMS
HIMS
QFIN
QFIN
Q4 25
$540.9M
Q3 25
$581.0M
$24.3B
Q2 25
$562.7M
$24.1B
Q1 25
$549.3M
$23.1B
Q4 24
$476.7M
Q3 24
$440.1M
$22.9B
Q2 24
$362.0M
$22.6B
Q1 24
$344.5M
$22.1B
Total Assets
HIMS
HIMS
QFIN
QFIN
Q4 25
$2.2B
Q3 25
$2.2B
$61.4B
Q2 25
$1.9B
$59.8B
Q1 25
$891.7M
$55.6B
Q4 24
$707.5M
Q3 24
$602.3M
$47.0B
Q2 24
$480.5M
$47.0B
Q1 24
$448.1M
$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
HIMS
HIMS
QFIN
QFIN
Operating Cash FlowLast quarter
$61.3M
$351.4M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-0.4%
Capex IntensityCapex / Revenue
10.3%
Cash ConversionOCF / Net Profit
2.98×
1.75×
TTM Free Cash FlowTrailing 4 quarters
$57.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIMS
HIMS
QFIN
QFIN
Q4 25
$61.3M
Q3 25
$148.7M
$351.4M
Q2 25
$-19.1M
$366.0M
Q1 25
$109.1M
$386.6M
Q4 24
$86.4M
Q3 24
$85.3M
$338.0M
Q2 24
$53.6M
$269.9M
Q1 24
$25.8M
$271.2M
Free Cash Flow
HIMS
HIMS
QFIN
QFIN
Q4 25
$-2.5M
Q3 25
$79.3M
Q2 25
$-69.5M
Q1 25
$50.1M
Q4 24
$59.5M
Q3 24
$79.4M
Q2 24
$47.6M
Q1 24
$11.8M
FCF Margin
HIMS
HIMS
QFIN
QFIN
Q4 25
-0.4%
Q3 25
13.2%
Q2 25
-12.8%
Q1 25
8.5%
Q4 24
12.4%
Q3 24
19.8%
Q2 24
15.1%
Q1 24
4.3%
Capex Intensity
HIMS
HIMS
QFIN
QFIN
Q4 25
10.3%
Q3 25
11.6%
Q2 25
9.3%
Q1 25
10.1%
Q4 24
5.6%
Q3 24
1.5%
Q2 24
1.9%
Q1 24
5.0%
Cash Conversion
HIMS
HIMS
QFIN
QFIN
Q4 25
2.98×
Q3 25
9.43×
1.75×
Q2 25
-0.45×
1.52×
Q1 25
2.20×
1.56×
Q4 24
3.32×
Q3 24
1.13×
1.32×
Q2 24
4.03×
1.43×
Q1 24
2.32×
1.69×

Financial Flow Comparison

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

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