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Side-by-side financial comparison of PHIBRO ANIMAL HEALTH CORP (PAHC) 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 $373.9M, roughly 2.0× PHIBRO ANIMAL HEALTH CORP). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 7.3%, a 20.2% gap on every dollar of revenue. Over the past eight quarters, PHIBRO ANIMAL HEALTH CORP's revenue compounded faster (19.2% CAGR vs 16.4%).

Phibro Animal Health Corporation is an American animal health and mineral nutrition company. Its products include antibacterials, anticoccidials, anthelmintics, as well as animal nutrition and vaccines for livestock. The company operates through three segments Mineral Nutrition, Performance Materials, and Animal Health, from which most of its revenue is derived. The company operates in the United States, Latin America, Canada, Europe, Middle East, Africa, and Asia-Pacific. It is incorporated ...

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.

PAHC vs QFIN — Head-to-Head

Bigger by revenue
QFIN
QFIN
2.0× larger
QFIN
$731.2M
$373.9M
PAHC
Higher net margin
QFIN
QFIN
20.2% more per $
QFIN
27.5%
7.3%
PAHC
Faster 2-yr revenue CAGR
PAHC
PAHC
Annualised
PAHC
19.2%
16.4%
QFIN

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
PAHC
PAHC
QFIN
QFIN
Revenue
$373.9M
$731.2M
Net Profit
$27.5M
$201.2M
Gross Margin
35.5%
Operating Margin
13.5%
32.7%
Net Margin
7.3%
27.5%
Revenue YoY
20.9%
Net Profit YoY
762.1%
EPS (diluted)
$0.67

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
PAHC
PAHC
QFIN
QFIN
Q4 25
$373.9M
Q3 25
$363.9M
$731.2M
Q2 25
$378.7M
$728.1M
Q1 25
$347.8M
$646.4M
Q4 24
$309.3M
Q3 24
$260.4M
$622.7M
Q2 24
$273.2M
$572.4M
Q1 24
$263.2M
$575.2M
Net Profit
PAHC
PAHC
QFIN
QFIN
Q4 25
$27.5M
Q3 25
$26.5M
$201.2M
Q2 25
$17.2M
$241.6M
Q1 25
$20.9M
$247.6M
Q4 24
$3.2M
Q3 24
$7.0M
$256.3M
Q2 24
$752.0K
$189.4M
Q1 24
$8.4M
$160.7M
Gross Margin
PAHC
PAHC
QFIN
QFIN
Q4 25
35.5%
Q3 25
32.9%
Q2 25
29.0%
Q1 25
30.1%
Q4 24
32.9%
Q3 24
32.1%
Q2 24
31.9%
Q1 24
30.2%
Operating Margin
PAHC
PAHC
QFIN
QFIN
Q4 25
13.5%
Q3 25
14.1%
32.7%
Q2 25
8.9%
41.0%
Q1 25
9.6%
42.1%
Q4 24
8.3%
Q3 24
6.8%
52.4%
Q2 24
6.7%
47.7%
Q1 24
7.6%
32.8%
Net Margin
PAHC
PAHC
QFIN
QFIN
Q4 25
7.3%
Q3 25
7.3%
27.5%
Q2 25
4.5%
33.2%
Q1 25
6.0%
38.3%
Q4 24
1.0%
Q3 24
2.7%
41.2%
Q2 24
0.3%
33.1%
Q1 24
3.2%
27.9%
EPS (diluted)
PAHC
PAHC
QFIN
QFIN
Q4 25
$0.67
Q3 25
$0.65
Q2 25
$0.43
Q1 25
$0.51
Q4 24
$0.08
Q3 24
$0.17
Q2 24
$0.02
Q1 24
$0.21

Balance Sheet & Financial Strength

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

Metric
PAHC
PAHC
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$74.5M
$6.5B
Total DebtLower is stronger
$624.2M
Stockholders' EquityBook value
$332.4M
$24.3B
Total Assets
$1.4B
$61.4B
Debt / EquityLower = less leverage
1.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAHC
PAHC
QFIN
QFIN
Q4 25
$74.5M
Q3 25
$85.3M
$6.5B
Q2 25
$77.0M
$5.3B
Q1 25
$70.4M
$8.6B
Q4 24
$67.1M
Q3 24
$89.8M
$4.3B
Q2 24
$114.6M
$6.3B
Q1 24
$98.7M
$5.3B
Total Debt
PAHC
PAHC
QFIN
QFIN
Q4 25
$624.2M
Q3 25
$628.0M
Q2 25
$631.7M
Q1 25
$635.4M
Q4 24
$639.1M
Q3 24
$295.2M
Q2 24
$312.1M
Q1 24
Stockholders' Equity
PAHC
PAHC
QFIN
QFIN
Q4 25
$332.4M
Q3 25
$311.7M
$24.3B
Q2 25
$285.7M
$24.1B
Q1 25
$266.0M
$23.1B
Q4 24
$246.8M
Q3 24
$258.5M
$22.9B
Q2 24
$256.6M
$22.6B
Q1 24
$270.1M
$22.1B
Total Assets
PAHC
PAHC
QFIN
QFIN
Q4 25
$1.4B
Q3 25
$1.4B
$61.4B
Q2 25
$1.4B
$59.8B
Q1 25
$1.3B
$55.6B
Q4 24
$1.3B
Q3 24
$966.3M
$47.0B
Q2 24
$982.2M
$47.0B
Q1 24
$979.0M
$47.4B
Debt / Equity
PAHC
PAHC
QFIN
QFIN
Q4 25
1.88×
Q3 25
2.01×
Q2 25
2.21×
Q1 25
2.39×
Q4 24
2.59×
Q3 24
1.14×
Q2 24
1.22×
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
PAHC
PAHC
QFIN
QFIN
Operating Cash FlowLast quarter
$19.4M
$351.4M
Free Cash FlowOCF − Capex
$8.3M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
0.70×
1.75×
TTM Free Cash FlowTrailing 4 quarters
$47.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAHC
PAHC
QFIN
QFIN
Q4 25
$19.4M
Q3 25
$9.3M
$351.4M
Q2 25
$21.3M
$366.0M
Q1 25
$43.2M
$386.6M
Q4 24
$3.1M
Q3 24
$12.6M
$338.0M
Q2 24
$28.4M
$269.9M
Q1 24
$11.4M
$271.2M
Free Cash Flow
PAHC
PAHC
QFIN
QFIN
Q4 25
$8.3M
Q3 25
$-4.5M
Q2 25
$8.1M
Q1 25
$35.4M
Q4 24
$-4.7M
Q3 24
$3.0M
Q2 24
$15.4M
Q1 24
$1.7M
FCF Margin
PAHC
PAHC
QFIN
QFIN
Q4 25
2.2%
Q3 25
-1.2%
Q2 25
2.1%
Q1 25
10.2%
Q4 24
-1.5%
Q3 24
1.2%
Q2 24
5.6%
Q1 24
0.6%
Capex Intensity
PAHC
PAHC
QFIN
QFIN
Q4 25
3.0%
Q3 25
3.8%
Q2 25
3.5%
Q1 25
2.2%
Q4 24
2.5%
Q3 24
3.7%
Q2 24
4.8%
Q1 24
3.7%
Cash Conversion
PAHC
PAHC
QFIN
QFIN
Q4 25
0.70×
Q3 25
0.35×
1.75×
Q2 25
1.24×
1.52×
Q1 25
2.07×
1.56×
Q4 24
0.97×
Q3 24
1.81×
1.32×
Q2 24
37.80×
1.43×
Q1 24
1.36×
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAHC
PAHC

Medicated Feed Additives And Others$202.1M54%
Mineral Nutrition$68.9M18%
Nutritional Specialties$50.2M13%
Vaccines$37.6M10%
Performance Products$15.0M4%

QFIN
QFIN

Segment breakdown not available.

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