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Side-by-side financial comparison of HECLA MINING CO (HL) 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 $448.1M, roughly 1.6× HECLA MINING CO). HECLA MINING CO runs the higher net margin — 30.0% vs 27.5%, a 2.5% gap on every dollar of revenue. Over the past eight quarters, HECLA MINING CO's revenue compounded faster (53.8% CAGR vs 16.4%).

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

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.

HL vs QFIN — Head-to-Head

Bigger by revenue
QFIN
QFIN
1.6× larger
QFIN
$731.2M
$448.1M
HL
Higher net margin
HL
HL
2.5% more per $
HL
30.0%
27.5%
QFIN
Faster 2-yr revenue CAGR
HL
HL
Annualised
HL
53.8%
16.4%
QFIN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HL
HL
QFIN
QFIN
Revenue
$448.1M
$731.2M
Net Profit
$134.4M
$201.2M
Gross Margin
55.4%
Operating Margin
49.1%
32.7%
Net Margin
30.0%
27.5%
Revenue YoY
79.5%
Net Profit YoY
1027.2%
EPS (diluted)
$0.20

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
HL
HL
QFIN
QFIN
Q4 25
$448.1M
Q3 25
$409.5M
$731.2M
Q2 25
$304.0M
$728.1M
Q1 25
$261.3M
$646.4M
Q4 24
$249.7M
Q3 24
$245.1M
$622.7M
Q2 24
$245.7M
$572.4M
Q1 24
$189.5M
$575.2M
Net Profit
HL
HL
QFIN
QFIN
Q4 25
$134.4M
Q3 25
$100.7M
$201.2M
Q2 25
$57.7M
$241.6M
Q1 25
$28.9M
$247.6M
Q4 24
$11.9M
Q3 24
$1.8M
$256.3M
Q2 24
$27.9M
$189.4M
Q1 24
$-5.8M
$160.7M
Gross Margin
HL
HL
QFIN
QFIN
Q4 25
55.4%
Q3 25
44.1%
Q2 25
39.3%
Q1 25
28.3%
Q4 24
27.4%
Q3 24
24.2%
Q2 24
20.9%
Q1 24
10.1%
Operating Margin
HL
HL
QFIN
QFIN
Q4 25
49.1%
Q3 25
36.3%
32.7%
Q2 25
30.8%
41.0%
Q1 25
20.0%
42.1%
Q4 24
15.3%
Q3 24
9.2%
52.4%
Q2 24
16.5%
47.7%
Q1 24
2.7%
32.8%
Net Margin
HL
HL
QFIN
QFIN
Q4 25
30.0%
Q3 25
24.6%
27.5%
Q2 25
19.0%
33.2%
Q1 25
11.0%
38.3%
Q4 24
4.8%
Q3 24
0.7%
41.2%
Q2 24
11.3%
33.1%
Q1 24
-3.0%
27.9%
EPS (diluted)
HL
HL
QFIN
QFIN
Q4 25
$0.20
Q3 25
$0.15
Q2 25
$0.09
Q1 25
$0.05
Q4 24
$0.03
Q3 24
$0.00
Q2 24
$0.04
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
HL
HL
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$301.2M
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$24.3B
Total Assets
$3.6B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HL
HL
QFIN
QFIN
Q4 25
$301.2M
Q3 25
$133.9M
$6.5B
Q2 25
$296.6M
$5.3B
Q1 25
$23.7M
$8.6B
Q4 24
$26.9M
Q3 24
$22.3M
$4.3B
Q2 24
$24.6M
$6.3B
Q1 24
$80.2M
$5.3B
Stockholders' Equity
HL
HL
QFIN
QFIN
Q4 25
$2.6B
Q3 25
$2.4B
$24.3B
Q2 25
$2.3B
$24.1B
Q1 25
$2.1B
$23.1B
Q4 24
$2.0B
Q3 24
$2.0B
$22.9B
Q2 24
$2.0B
$22.6B
Q1 24
$2.0B
$22.1B
Total Assets
HL
HL
QFIN
QFIN
Q4 25
$3.6B
Q3 25
$3.2B
$61.4B
Q2 25
$3.3B
$59.8B
Q1 25
$3.0B
$55.6B
Q4 24
$3.0B
Q3 24
$3.0B
$47.0B
Q2 24
$2.9B
$47.0B
Q1 24
$3.0B
$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
HL
HL
QFIN
QFIN
Operating Cash FlowLast quarter
$217.1M
$351.4M
Free Cash FlowOCF − Capex
$134.7M
FCF MarginFCF / Revenue
30.1%
Capex IntensityCapex / Revenue
18.4%
Cash ConversionOCF / Net Profit
1.61×
1.75×
TTM Free Cash FlowTrailing 4 quarters
$310.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HL
HL
QFIN
QFIN
Q4 25
$217.1M
Q3 25
$148.0M
$351.4M
Q2 25
$161.8M
$366.0M
Q1 25
$35.7M
$386.6M
Q4 24
$67.5M
Q3 24
$55.0M
$338.0M
Q2 24
$78.7M
$269.9M
Q1 24
$17.1M
$271.2M
Free Cash Flow
HL
HL
QFIN
QFIN
Q4 25
$134.7M
Q3 25
$90.1M
Q2 25
$103.8M
Q1 25
$-18.4M
Q4 24
$6.7M
Q3 24
$-690.0K
Q2 24
$28.3M
Q1 24
$-30.5M
FCF Margin
HL
HL
QFIN
QFIN
Q4 25
30.1%
Q3 25
22.0%
Q2 25
34.1%
Q1 25
-7.0%
Q4 24
2.7%
Q3 24
-0.3%
Q2 24
11.5%
Q1 24
-16.1%
Capex Intensity
HL
HL
QFIN
QFIN
Q4 25
18.4%
Q3 25
14.1%
Q2 25
19.1%
Q1 25
20.7%
Q4 24
24.3%
Q3 24
22.7%
Q2 24
20.5%
Q1 24
25.1%
Cash Conversion
HL
HL
QFIN
QFIN
Q4 25
1.61×
Q3 25
1.47×
1.75×
Q2 25
2.80×
1.52×
Q1 25
1.24×
1.56×
Q4 24
5.66×
Q3 24
31.24×
1.32×
Q2 24
2.82×
1.43×
Q1 24
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

QFIN
QFIN

Segment breakdown not available.

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