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

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $731.2M, roughly 1.7× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 16.5%, a 11.0% gap on every dollar of revenue.

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.

Q vs QFIN — Head-to-Head

Bigger by revenue
Q
Q
1.7× larger
Q
$1.3B
$731.2M
QFIN
Higher net margin
QFIN
QFIN
11.0% more per $
QFIN
27.5%
16.5%
Q

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
Q
Q
QFIN
QFIN
Revenue
$1.3B
$731.2M
Net Profit
$211.0M
$201.2M
Gross Margin
45.1%
Operating Margin
21.3%
32.7%
Net Margin
16.5%
27.5%
Revenue YoY
11.1%
Net Profit YoY
6.0%
EPS (diluted)
$1.01

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
Q
Q
QFIN
QFIN
Q3 25
$1.3B
$731.2M
Q2 25
$728.1M
Q1 25
$646.4M
Q3 24
$1.1B
$622.7M
Q2 24
$572.4M
Q1 24
$575.2M
Q3 23
$586.8M
Q2 23
$539.8M
Net Profit
Q
Q
QFIN
QFIN
Q3 25
$211.0M
$201.2M
Q2 25
$241.6M
Q1 25
$247.6M
Q3 24
$199.0M
$256.3M
Q2 24
$189.4M
Q1 24
$160.7M
Q3 23
$155.9M
Q2 23
$150.8M
Gross Margin
Q
Q
QFIN
QFIN
Q3 25
45.1%
Q2 25
Q1 25
Q3 24
47.0%
Q2 24
Q1 24
Q3 23
Q2 23
Operating Margin
Q
Q
QFIN
QFIN
Q3 25
21.3%
32.7%
Q2 25
41.0%
Q1 25
42.1%
Q3 24
21.8%
52.4%
Q2 24
47.7%
Q1 24
32.8%
Q3 23
32.4%
Q2 23
30.2%
Net Margin
Q
Q
QFIN
QFIN
Q3 25
16.5%
27.5%
Q2 25
33.2%
Q1 25
38.3%
Q3 24
17.3%
41.2%
Q2 24
33.1%
Q1 24
27.9%
Q3 23
26.6%
Q2 23
27.9%
EPS (diluted)
Q
Q
QFIN
QFIN
Q3 25
$1.01
Q2 25
Q1 25
Q3 24
$0.95
Q2 24
Q1 24
Q3 23
Q2 23

Balance Sheet & Financial Strength

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

Metric
Q
Q
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$128.0M
$6.5B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$9.1B
$24.3B
Total Assets
$12.5B
$61.4B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
Q
Q
QFIN
QFIN
Q3 25
$128.0M
$6.5B
Q2 25
$5.3B
Q1 25
$8.6B
Q3 24
$4.3B
Q2 24
$6.3B
Q1 24
$5.3B
Q3 23
$4.9B
Q2 23
$5.3B
Total Debt
Q
Q
QFIN
QFIN
Q3 25
$1.7B
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Stockholders' Equity
Q
Q
QFIN
QFIN
Q3 25
$9.1B
$24.3B
Q2 25
$24.1B
Q1 25
$23.1B
Q3 24
$11.1B
$22.9B
Q2 24
$22.6B
Q1 24
$22.1B
Q3 23
$21.1B
Q2 23
$20.9B
Total Assets
Q
Q
QFIN
QFIN
Q3 25
$12.5B
$61.4B
Q2 25
$59.8B
Q1 25
$55.6B
Q3 24
$47.0B
Q2 24
$47.0B
Q1 24
$47.4B
Q3 23
$46.0B
Q2 23
$43.4B
Debt / Equity
Q
Q
QFIN
QFIN
Q3 25
0.19×
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23

Cash Flow & Capital Efficiency

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

Metric
Q
Q
QFIN
QFIN
Operating Cash FlowLast quarter
$782.0M
$351.4M
Free Cash FlowOCF − Capex
$568.0M
FCF MarginFCF / Revenue
44.5%
Capex IntensityCapex / Revenue
16.8%
Cash ConversionOCF / Net Profit
3.71×
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
Q
Q
QFIN
QFIN
Q3 25
$782.0M
$351.4M
Q2 25
$366.0M
Q1 25
$386.6M
Q3 24
$338.0M
Q2 24
$269.9M
Q1 24
$271.2M
Q3 23
$170.5M
Q2 23
$242.9M
Free Cash Flow
Q
Q
QFIN
QFIN
Q3 25
$568.0M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
FCF Margin
Q
Q
QFIN
QFIN
Q3 25
44.5%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Capex Intensity
Q
Q
QFIN
QFIN
Q3 25
16.8%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Cash Conversion
Q
Q
QFIN
QFIN
Q3 25
3.71×
1.75×
Q2 25
1.52×
Q1 25
1.56×
Q3 24
1.32×
Q2 24
1.43×
Q1 24
1.69×
Q3 23
1.09×
Q2 23
1.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

QFIN
QFIN

Segment breakdown not available.

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