360 DigiTech (QFIN) Revenue & Revenue Breakdown
360 DigiTech Revenue Highlights
Latest Revenue (Y)
$16.29B
Latest Revenue (Q)
$3.32B
Main Segment (Y)
Credit driven services
Main Geography (Y)
Credit driven services
360 DigiTech Revenue by Period
360 DigiTech Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $16.29B | -1.59% |
| 2022-12-31 | $16.55B | -0.49% |
| 2021-12-31 | $16.64B | 22.65% |
| 2020-12-31 | $13.56B | 47.12% |
| 2019-12-31 | $9.22B | 107.33% |
| 2018-12-31 | $4.45B | 464.24% |
| 2017-12-31 | $788.14M | - |
360 DigiTech 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.
360 DigiTech Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $3.32B | -14.59% |
| 2023-12-31 | $3.89B | 11.73% |
| 2023-09-30 | $3.48B | -11.01% |
| 2023-06-30 | $3.91B | 8.76% |
| 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 | $4.61B | 15.28% |
| 2021-06-30 | $4.00B | 11.18% |
| 2021-03-31 | $3.60B | 7.84% |
| 2020-12-31 | $3.34B | -9.88% |
| 2020-09-30 | $3.70B | 10.88% |
| 2020-06-30 | $3.34B | 4.94% |
| 2020-03-31 | $3.18B | 32.57% |
| 2019-12-31 | $2.40B | -7.05% |
| 2019-09-30 | $2.58B | 15.99% |
| 2019-06-30 | $2.23B | 10.85% |
| 2019-03-31 | $2.01B | 28.25% |
| 2018-12-31 | $1.57B | 20.25% |
| 2018-09-30 | $1.30B | 199.93% |
| 2018-06-30 | $434.32M | -27.54% |
| 2018-03-31 | $599.37M | -16.03% |
| 2017-12-31 | $713.77M | 1049.58% |
| 2017-09-30 | $62.09M | - |
360 DigiTech 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.
360 DigiTech Revenue Breakdown
360 DigiTech Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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 |
360 DigiTech'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/Service | Dec 22 | Jun 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 |
360 DigiTech'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%).
360 DigiTech Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 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 |
360 DigiTech'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
| Country | Dec 22 | Jun 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 |
360 DigiTech'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 360 DigiTech’s yearly revenue?
360 DigiTech'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 360 DigiTech’s quarterly revenue?
360 DigiTech'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 360 DigiTech’s revenue growth rate?
360 DigiTech'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 360 DigiTech’s revenue streams?
360 DigiTech'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 360 DigiTech’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of 360 DigiTech was Credit driven services. This segment made a revenue of $11.74B, representing 46.19% of the company's total revenue.