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

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $731.2M, roughly 1.2× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 7.1%, a 20.4% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% CAGR vs -10.6%).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

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.

MAT vs QFIN — Head-to-Head

Bigger by revenue
MAT
MAT
1.2× larger
MAT
$862.2M
$731.2M
QFIN
Higher net margin
QFIN
QFIN
20.4% more per $
QFIN
27.5%
7.1%
MAT
Faster 2-yr revenue CAGR
QFIN
QFIN
Annualised
QFIN
16.4%
-10.6%
MAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MAT
MAT
QFIN
QFIN
Revenue
$862.2M
$731.2M
Net Profit
$61.0M
$201.2M
Gross Margin
44.9%
Operating Margin
32.7%
Net Margin
7.1%
27.5%
Revenue YoY
4.3%
Net Profit YoY
251.4%
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
MAT
MAT
QFIN
QFIN
Q1 26
$862.2M
Q4 25
$1.8B
Q3 25
$1.7B
$731.2M
Q2 25
$1.0B
$728.1M
Q1 25
$826.6M
$646.4M
Q4 24
$1.6B
Q3 24
$1.8B
$622.7M
Q2 24
$1.1B
$572.4M
Net Profit
MAT
MAT
QFIN
QFIN
Q1 26
$61.0M
Q4 25
$106.2M
Q3 25
$278.4M
$201.2M
Q2 25
$53.4M
$241.6M
Q1 25
$-40.3M
$247.6M
Q4 24
$140.9M
Q3 24
$372.4M
$256.3M
Q2 24
$56.9M
$189.4M
Gross Margin
MAT
MAT
QFIN
QFIN
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
MAT
MAT
QFIN
QFIN
Q1 26
Q4 25
8.0%
Q3 25
21.9%
32.7%
Q2 25
7.7%
41.0%
Q1 25
-6.4%
42.1%
Q4 24
9.6%
Q3 24
26.5%
52.4%
Q2 24
7.7%
47.7%
Net Margin
MAT
MAT
QFIN
QFIN
Q1 26
7.1%
Q4 25
6.0%
Q3 25
16.0%
27.5%
Q2 25
5.2%
33.2%
Q1 25
-4.9%
38.3%
Q4 24
8.6%
Q3 24
20.2%
41.2%
Q2 24
5.3%
33.1%
EPS (diluted)
MAT
MAT
QFIN
QFIN
Q1 26
$0.20
Q4 25
$0.32
Q3 25
$0.88
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$0.40
Q3 24
$1.09
Q2 24
$0.17

Balance Sheet & Financial Strength

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

Metric
MAT
MAT
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$866.0M
$6.5B
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$24.3B
Total Assets
$6.3B
$61.4B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
QFIN
QFIN
Q1 26
$866.0M
Q4 25
$1.2B
Q3 25
$691.9M
$6.5B
Q2 25
$870.5M
$5.3B
Q1 25
$1.2B
$8.6B
Q4 24
$1.4B
Q3 24
$723.5M
$4.3B
Q2 24
$722.4M
$6.3B
Total Debt
MAT
MAT
QFIN
QFIN
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
QFIN
QFIN
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.3B
$24.3B
Q2 25
$2.2B
$24.1B
Q1 25
$2.1B
$23.1B
Q4 24
$2.3B
Q3 24
$2.3B
$22.9B
Q2 24
$2.0B
$22.6B
Total Assets
MAT
MAT
QFIN
QFIN
Q1 26
$6.3B
Q4 25
$6.6B
Q3 25
$6.6B
$61.4B
Q2 25
$6.2B
$59.8B
Q1 25
$6.2B
$55.6B
Q4 24
$6.5B
Q3 24
$6.5B
$47.0B
Q2 24
$5.9B
$47.0B
Debt / Equity
MAT
MAT
QFIN
QFIN
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

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

Metric
MAT
MAT
QFIN
QFIN
Operating Cash FlowLast quarter
$351.4M
Free Cash FlowOCF − Capex
$-88.1M
FCF MarginFCF / Revenue
-10.2%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
QFIN
QFIN
Q1 26
Q4 25
$796.6M
Q3 25
$72.0M
$351.4M
Q2 25
$-300.1M
$366.0M
Q1 25
$24.8M
$386.6M
Q4 24
$862.1M
Q3 24
$155.8M
$338.0M
Q2 24
$-252.9M
$269.9M
Free Cash Flow
MAT
MAT
QFIN
QFIN
Q1 26
$-88.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
MAT
MAT
QFIN
QFIN
Q1 26
-10.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
MAT
MAT
QFIN
QFIN
Q1 26
7.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
MAT
MAT
QFIN
QFIN
Q1 26
Q4 25
7.50×
Q3 25
0.26×
1.75×
Q2 25
-5.62×
1.52×
Q1 25
1.56×
Q4 24
6.12×
Q3 24
0.42×
1.32×
Q2 24
-4.45×
1.43×

Financial Flow Comparison

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

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