Qifu (QFIN) Revenue & Revenue Breakdown


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Qifu Revenue Highlights


Latest Revenue (Y)

$16.29B

Latest Revenue (Q)

$3.32B

Main Segment (Y)

Credit driven services

Main Geography (Y)

Credit driven services

Qifu Revenue by Period


Qifu Revenue by Year

DateRevenueChange
2023-12-31$16.29B-1.59%
2022-12-31$16.55B-0.49%
2021-12-31$16.64B22.65%
2020-12-31$13.56B47.12%
2019-12-31$9.22B107.33%
2018-12-31$4.45B464.24%
2017-12-31$788.14M-

Qifu generated $16.29B in revenue during NA 2023, up -1.59% compared to the previous quarter, and up 366.31% compared to the same period a year ago.

Qifu Revenue by Quarter

DateRevenueChange
2024-03-31$3.32B-14.59%
2023-12-31$3.89B11.73%
2023-09-30$3.48B-11.01%
2023-06-30$3.91B8.76%
2023-03-31$3.60B-7.87%
2022-12-31$3.91B-5.73%
2022-09-30$4.14B-0.93%
2022-06-30$4.18B-3.17%
2022-03-31$4.32B-2.31%
2021-12-31$4.42B-4.14%
2021-09-30$4.61B15.28%
2021-06-30$4.00B11.18%
2021-03-31$3.60B7.84%
2020-12-31$3.34B-9.88%
2020-09-30$3.70B10.88%
2020-06-30$3.34B4.94%
2020-03-31$3.18B32.57%
2019-12-31$2.40B-7.05%
2019-09-30$2.58B15.99%
2019-06-30$2.23B10.85%
2019-03-31$2.01B28.25%
2018-12-31$1.57B20.25%
2018-09-30$1.30B199.93%
2018-06-30$434.32M-27.54%
2018-03-31$599.37M-16.03%
2017-12-31$713.77M1049.58%
2017-09-30$62.09M-

Qifu generated $3.32B in revenue during Q1 2024, up -14.59% compared to the previous quarter, and up 85.10% compared to the same period a year ago.

Qifu Revenue Breakdown


Qifu Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Credit driven services$11.74B$11.59B$10.19B--
Other services fees.$215.62M$112.73M$95.88M--
Revenue from post-facilitation services$585.42M$644.31M$1.40B--
Revenue from Loan Facilitation Services Under Fees Capital Light$1.12B$1.47B$1.19B--
Revenue From Loan Facilitation Services Under Fees Capital Light$2.10B$2.66B$4.48B$1.42B$672.98M
Platform services$4.55B$4.97B$6.45B--
Financing income$5.11B$3.49B$2.18B--
Other services fees-$58.49M$8.57M--
Loan facilitation and servicing fees-capital light-$1.01B$2.16B--
Loan facilitation and servicing fees-capital heavy-$13.27M$93.00K--
Referral services--$7.67M--
Releasing of guarantee liabilities--$5.58B--
Revenue from post-origination services--$926.72M--
Loan Facilitation And Servicing Fees Capital Light---$214.30M$48.75M
Revenue From Post Origination Services Under Fees Risk Taking---$1.44B$1.88B
Revenue From Post Origination Services Under Fees Capital Light---$409.94M$141.60M
Revenue From Loan Facilitation Services Under Fees Risk Taking---$3.16B$4.40B
Releasing Of Guarantee Liabilities---$4.51B$285.41M
Referral Services---$10.15M$197.02M
Platform Service---$2.16B$1.21B
Other Services Risk Taking---$116.00M$145.24M
Other Services Risk Free Model---$68.33M$16.32M
Loan Facilitation And Servicing Fees Risk Taking---$121.93M$791.48M
Financial Service---$2.18B$1.31B
Credit Risk Taking Model---$11.40B$8.01B

Qifu's latest annual revenue breakdown by segment (product or service), as of Dec 23: Credit driven services (46.19%), Financing income (20.11%), Platform services (17.91%), Revenue From Loan Facilitation Services Under Fees Capital Light (8.25%), Revenue from Loan Facilitation Services Under Fees Capital Light (4.40%), Revenue from post-facilitation services (2.30%), and Other services fees. (0.85%).

Quarterly Revenue by Product

Product/ServiceDec 22Jun 22
Loan facilitation and servicing fees-capital light$149.59M$656.20M
Platform services$1.13B$2.63B
Other services fees.$35.84M-
Credit driven services$2.78B$5.87B
Financing income$1.00B-
Loan facilitation and servicing fees-capital heavy$5.47M$1.51M
Other services fees$20.66M$20.53M
Referral services-$108.76M

Qifu's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Credit driven services (54.23%), Platform services (22.07%), Financing income (19.57%), Loan facilitation and servicing fees-capital light (2.92%), Other services fees. (0.70%), Other services fees (0.40%), and Loan facilitation and servicing fees-capital heavy (0.11%).

Qifu Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Revenue from Loan Facilitation Services Under Fees Capital Light$1.47B$1.19B---
Revenue from post-facilitation services$644.31M$1.40B---
Credit driven services$11.59B$10.19B---
Financing income$3.49B$2.18B---
Loan facilitation and servicing fees-capital heavy$13.27M$93.00K---
Loan facilitation and servicing fees-capital light$1.01B$2.16B---
Other services fees$58.49M$8.57M---
Other services fees.$112.73M$95.88M---
Platform services$4.97B$6.45B---
Revenue From Loan Facilitation Services Under Fees Capital Light$2.66B$4.48B$1.42B$672.98M-
Releasing of guarantee liabilities-$5.58B---
Referral services-$7.67M---
Revenue from post-origination services-$926.72M---
Loan Facilitation And Servicing Fees Risk Taking--$121.93M$791.48M-
Revenue From Post Origination Services Under Fees Risk Taking--$1.44B$1.88B-
Revenue From Post Origination Services Under Fees Capital Light--$409.94M$141.60M-
Revenue From Loan Facilitation Services Under Fees Risk Taking--$3.16B$4.40B-
Releasing Of Guarantee Liabilities--$4.51B$285.41M-
Referral Services--$10.15M$197.02M-
Platform Service--$2.16B$1.21B-
Other Services Risk Taking--$116.00M$145.24M-
Other Services Risk Free Model--$68.33M$16.32M-
Loan Facilitation And Servicing Fees Capital Light--$214.30M$48.75M-
Financial Service--$2.18B$1.31B-
Credit Risk Taking Model--$11.40B$8.01B-
Loan Facilitation Service----$263.85M
Post Origination Service----$41.71M

Qifu's latest annual revenue breakdown by geography, as of Dec 22: Credit driven services (44.55%), Platform services (19.10%), Financing income (13.41%), Revenue From Loan Facilitation Services Under Fees Capital Light (10.22%), Revenue from Loan Facilitation Services Under Fees Capital Light (5.65%), Loan facilitation and servicing fees-capital light (3.88%), Revenue from post-facilitation services (2.48%), Other services fees. (0.43%), Other services fees (0.22%), and Loan facilitation and servicing fees-capital heavy (0.05%).

Quarterly Revenue by Country

CountryDec 22Jun 22
Platform services$1.13B$2.63B
Credit driven services$2.78B$5.87B
Financing income$1.00B-
Loan facilitation and servicing fees-capital heavy$5.47M$1.51M
Loan facilitation and servicing fees-capital light$149.59M$656.20M
Other services fees$20.66M$20.53M
Other services fees.$35.84M-
Referral services-$108.76M

Qifu's latest quarterly revenue breakdown by geography, as of Dec 22: Credit driven services (54.23%), Platform services (22.07%), Financing income (19.57%), Loan facilitation and servicing fees-capital light (2.92%), Other services fees. (0.70%), Other services fees (0.40%), and Loan facilitation and servicing fees-capital heavy (0.11%).

QFIN Revenue FAQ


What is Qifu’s yearly revenue?

Qifu's yearly revenue for 2023 was $16.29B, representing a decrease of -1.59% compared to 2022. The company's yearly revenue for 2022 was $16.55B, representing a decrease of -0.49% compared to 2021. QFIN's yearly revenue for 2021 was $16.64B, representing an increase of 22.65% compared to 2020.

What is Qifu’s quarterly revenue?

Qifu's quarterly revenue for Q1 2024 was $3.32B, a -14.59% decrease from the previous quarter (Q4 2023), and a -7.64% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.89B, a 11.73% increase from the previous quarter (Q3 2023), and a -0.37% decrease year-over-year (Q4 2022). QFIN's quarterly revenue for Q3 2023 was $3.48B, a -11.01% decrease from the previous quarter (Q2 2023), and a -15.94% decrease year-over-year (Q3 2022).

What is Qifu’s revenue growth rate?

Qifu's revenue growth rate for the last 3 years (2021-2023) was -2.08%, and for the last 5 years (2019-2023) was 76.68%.

What are Qifu’s revenue streams?

Qifu's revenue streams in c 23 are Credit driven services, Other services fees., Revenue from post-facilitation services, Revenue from Loan Facilitation Services Under Fees Capital Light, Revenue From Loan Facilitation Services Under Fees Capital Light, Platform services, and Financing income. Credit driven services generated $11.74B in revenue, accounting 46.19% of the company's total revenue, up 1.31% year-over-year. Other services fees. generated $215.62M in revenue, accounting 0.85% of the company's total revenue, up 91.27% year-over-year. Revenue from post-facilitation services generated $585.42M in revenue, accounting 2.30% of the company's total revenue, down -9.14% year-over-year. Revenue from Loan Facilitation Services Under Fees Capital Light generated $1.12B in revenue, accounting 4.40% of the company's total revenue, down -23.86% year-over-year. Revenue From Loan Facilitation Services Under Fees Capital Light generated $2.1B in revenue, accounting 8.25% of the company's total revenue, down -21.10% year-over-year. Platform services generated $4.55B in revenue, accounting 17.91% of the company's total revenue, down -8.38% year-over-year. Financing income generated $5.11B in revenue, accounting 20.11% of the company's total revenue, up 46.50% year-over-year.

What is Qifu’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Qifu was Credit driven services. This segment made a revenue of $11.74B, representing 46.19% of the company's total revenue.