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Side-by-side financial comparison of Oatly Group AB (OTLY) 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 $456.6M, roughly 1.6× Oatly Group AB). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs -18.5%, a 46.1% gap on every dollar of revenue.

Oatly Group AB is a Swedish food company, publicly traded on the American stock market, that produces alternatives to dairy products from oats, including oat milk. Oatly was formed in the 1990s using research from Lund University. Oatly has headquarters in Malmö and a production and development centre in Landskrona.

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.

OTLY vs QFIN — Head-to-Head

Bigger by revenue
QFIN
QFIN
1.6× larger
QFIN
$731.2M
$456.6M
OTLY
Higher net margin
QFIN
QFIN
46.1% more per $
QFIN
27.5%
-18.5%
OTLY

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OTLY
OTLY
QFIN
QFIN
Revenue
$456.6M
$731.2M
Net Profit
$-84.6M
$201.2M
Gross Margin
32.2%
Operating Margin
-5.9%
32.7%
Net Margin
-18.5%
27.5%
Revenue YoY
8.1%
Net Profit YoY
32.8%
EPS (diluted)
$-0.14

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
OTLY
OTLY
QFIN
QFIN
Q4 25
$456.6M
Q3 25
$731.2M
Q2 25
$208.4M
$728.1M
Q1 25
$646.4M
Q4 24
$422.3M
Q3 24
$622.7M
Q2 24
$202.2M
$572.4M
Q1 24
$575.2M
Net Profit
OTLY
OTLY
QFIN
QFIN
Q4 25
$-84.6M
Q3 25
$201.2M
Q2 25
$-55.9M
$241.6M
Q1 25
$247.6M
Q4 24
$-126.0M
Q3 24
$256.3M
Q2 24
$-30.4M
$189.4M
Q1 24
$160.7M
Gross Margin
OTLY
OTLY
QFIN
QFIN
Q4 25
32.2%
Q3 25
Q2 25
32.5%
Q1 25
Q4 24
29.3%
Q3 24
Q2 24
29.2%
Q1 24
Operating Margin
OTLY
OTLY
QFIN
QFIN
Q4 25
-5.9%
Q3 25
32.7%
Q2 25
-10.6%
41.0%
Q1 25
42.1%
Q4 24
-28.1%
Q3 24
52.4%
Q2 24
-19.3%
47.7%
Q1 24
32.8%
Net Margin
OTLY
OTLY
QFIN
QFIN
Q4 25
-18.5%
Q3 25
27.5%
Q2 25
-26.9%
33.2%
Q1 25
38.3%
Q4 24
-29.8%
Q3 24
41.2%
Q2 24
-15.1%
33.1%
Q1 24
27.9%
EPS (diluted)
OTLY
OTLY
QFIN
QFIN
Q4 25
$-0.14
Q3 25
Q2 25
$-0.09
Q1 25
Q4 24
$-0.21
Q3 24
Q2 24
$-0.05
Q1 24

Balance Sheet & Financial Strength

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

Metric
OTLY
OTLY
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$64.3M
$6.5B
Total DebtLower is stronger
$523.0M
Stockholders' EquityBook value
$19.7M
$24.3B
Total Assets
$787.2M
$61.4B
Debt / EquityLower = less leverage
26.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTLY
OTLY
QFIN
QFIN
Q4 25
$64.3M
Q3 25
$6.5B
Q2 25
$67.9M
$5.3B
Q1 25
$8.6B
Q4 24
$98.9M
Q3 24
$4.3B
Q2 24
$142.7M
$6.3B
Q1 24
$5.3B
Total Debt
OTLY
OTLY
QFIN
QFIN
Q4 25
$523.0M
Q3 25
Q2 25
$120.6M
Q1 25
Q4 24
$446.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
OTLY
OTLY
QFIN
QFIN
Q4 25
$19.7M
Q3 25
$24.3B
Q2 25
$96.7M
$24.1B
Q1 25
$23.1B
Q4 24
$106.1M
Q3 24
$22.9B
Q2 24
$245.8M
$22.6B
Q1 24
$22.1B
Total Assets
OTLY
OTLY
QFIN
QFIN
Q4 25
$787.2M
Q3 25
$61.4B
Q2 25
$803.1M
$59.8B
Q1 25
$55.6B
Q4 24
$804.0M
Q3 24
$47.0B
Q2 24
$47.0B
Q1 24
$47.4B
Debt / Equity
OTLY
OTLY
QFIN
QFIN
Q4 25
26.59×
Q3 25
Q2 25
1.25×
Q1 25
Q4 24
4.21×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
OTLY
OTLY
QFIN
QFIN
Operating Cash FlowLast quarter
$-8.7M
$351.4M
Free Cash FlowOCF − Capex
$-11.3M
FCF MarginFCF / Revenue
-2.5%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.75×
TTM Free Cash FlowTrailing 4 quarters
$-189.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTLY
OTLY
QFIN
QFIN
Q4 25
$-8.7M
Q3 25
$351.4M
Q2 25
$-15.0M
$366.0M
Q1 25
$386.6M
Q4 24
$-28.4M
Q3 24
$338.0M
Q2 24
$-86.0M
$269.9M
Q1 24
$271.2M
Free Cash Flow
OTLY
OTLY
QFIN
QFIN
Q4 25
$-11.3M
Q3 25
Q2 25
$-24.8M
Q1 25
Q4 24
$-47.9M
Q3 24
Q2 24
$-105.7M
Q1 24
FCF Margin
OTLY
OTLY
QFIN
QFIN
Q4 25
-2.5%
Q3 25
Q2 25
-11.9%
Q1 25
Q4 24
-11.3%
Q3 24
Q2 24
-52.3%
Q1 24
Capex Intensity
OTLY
OTLY
QFIN
QFIN
Q4 25
0.6%
Q3 25
Q2 25
4.7%
Q1 25
Q4 24
4.6%
Q3 24
Q2 24
9.7%
Q1 24
Cash Conversion
OTLY
OTLY
QFIN
QFIN
Q4 25
Q3 25
1.75×
Q2 25
1.52×
Q1 25
1.56×
Q4 24
Q3 24
1.32×
Q2 24
1.43×
Q1 24
1.69×

Financial Flow Comparison

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

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