NASDAQ$QFIN
Qifu Technology Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Qifu Technology reported solid earnings growth for Q4 2024, with higher revenue and profitability.
Qifu Technology delivered strong financial performance in Q4 2024, achieving $614.1 million in revenue and $262.0 million in net income. The company saw a notable increase in non-GAAP net income, reflecting operational efficiencies and strong credit demand. Qifu's platform services contributed significantly to revenue growth, and its capital-light model continued to gain traction.
- Total revenue reached $614.1 million, slightly lower than the prior quarter but stable year-over-year.
- Net income increased to $262.0 million, reflecting higher profitability and cost efficiency.
- Non-GAAP net income rose to $270.2 million, with a strong 44.0% margin.
- Platform services revenue surged to $218.2 million, driven by higher loan facilitation volume.
Headline financials
Revenue & EPS history
Qfin Holdings · Revenue · Quarterly
$614M
Revenue by segment
Qfin Holdings · $3.91B total across 2 segments · Q1 2026
- Credit Driven Services$2.96B—75.7%
- Platform Services$952M—24.3%
Forward guidance
Qifu Technology expects steady revenue growth in Q1 2025, driven by improved loan demand and efficiency gains.
Tailwinds
- Projected net income between $239.7 million and $253.4 million for Q1 2025.
- Non-GAAP net income expected to range from $246.5 million to $260.3 million.
- Continued expansion of platform services driving revenue diversification.
- Higher efficiency in loan facilitation expected to support margin growth.
- Increased AI adoption in credit-tech operations to enhance risk management.
Headwinds
- Persistent macroeconomic uncertainties could impact credit demand.
- Regulatory changes in China's financial sector may introduce compliance challenges.
- Potential pressure on loan origination growth due to market conditions.
- Rising competition from other fintech and traditional lending platforms.
- Operational costs may increase as Qifu expands its platform services.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+1.3%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.6%
Avg return
30 days after
47%
15 / 32 earnings
Positive
+24.9%
Q1 2026
Best reaction
-27.1%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +24.9% | +34.4% | — | |
| Q4 2025 | -6.2% | +0.7% | +15.6% | |
| Q3 2025 | -14.2% | -19.0% | -15.3% | |
| Q2 2025 | -4.0% | -10.9% | -14.8% | |
| Q1 2025 | -1.0% | -3.3% | -2.0% | |
| Q4 2024 | +9.1% | +3.9% | -15.4% | |
| Q3 2024 | +9.2% | +7.0% | +17.5% | |
| Q2 2024 | +14.5% | +16.0% | +18.8% | |
| Q1 2024 | -3.7% | -6.2% | -7.1% | |
| Q4 2023 | +20.8% | +20.5% | +31.6% | |
| Q3 2023 | +2.7% | +0.6% | -9.7% | |
| Q2 2023 | -1.9% | -1.0% | -4.8% | |
| Q1 2023 | -13.2% | -15.1% | -6.9% | |
| Q4 2022 | -10.8% | -11.9% | -3.3% | |
| Q3 2022 | +12.5% | -4.0% | +23.8% | |
| Q2 2022 | -0.9% | -4.7% | -6.0% | |
| Q1 2022 | -1.9% | +5.3% | +21.8% | |
| Q4 2021 | -27.1% | -33.9% | -21.1% | |
| Q3 2021 | +7.5% | -0.1% | -21.6% | |
| Q2 2021 | +10.3% | +21.6% | +17.8% | |
| Q1 2021 | -2.3% | +17.5% | +46.5% | |
| Q4 2020 | +0.8% | -2.0% | -23.0% | |
| Q3 2020 | +1.8% | +11.7% | -7.1% | |
| Q2 2020 | -3.8% | -16.1% | -20.4% | |
| Q1 2020 | +1.9% | -5.1% | +14.2% | |
| Q4 2019 | +0.4% | +9.5% | +19.1% | |
| Q3 2019 | +21.2% | +20.9% | +20.0% | |
| Q2 2019 | -5.6% | -10.9% | -7.8% | |
| Q1 2019 | +7.9% | -0.1% | -14.9% | |
| Q4 2017 | -3.5% | -4.6% | -21.6% | |
| Q4 2016 | -3.5% | -4.6% | -21.6% | |
| Q4 2018 | -0.5% | +1.5% | +46.0% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro