Want to see QFIN full AI Analyst Report?

Qifu Technology (QFIN) Earnings Dates, Call Summary & Reports

929 Followers

Earnings Data

Report Date

Aug 13, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.72

Last Year’s EPS

1.88

Same Quarter Last Year

Analyst Consensus

Hold

Based on 2 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 26, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call reflects a balanced message: management reported meaningful improvements in risk metrics, collection efficiency, tech-driven growth (notably 7x YoY in tech-solutions loan volume), funding optimization and active capital management, but these operational gains were accompanied by notable declines in revenue, origination volume, margins, and profitability. Management reiterated a conservative posture given regulatory and macro uncertainty and guided materially lower YoY profit for Q2.

Company Guidance

Qifu guided Q2 non‑GAAP net income of RMB900–980 million (down ~47–51% YoY), signaling a cautious plan amid continued macro and regulatory uncertainty; this follows Q1 non‑GAAP net income of ~RMB946M, Q1 revenue of RMB3.91B, and Q1 loan facilitation/origination of RMB65B (–7.5% QoQ) with average IRR 18.7% (vs 19.5% in Q4). Management emphasized prioritizing risk control, efficiency and cost cutting while pointing to improving risk metrics — FPD7 down ~20% QoQ, FPD30+ down ~22% QoQ, C2M2 0.8% (–17% QoQ), 30‑day collection rate 85.8% (+1.8 ppt QoQ), day‑1 delinquency 5.7% (vs 6.1%), 90‑day delinquency 3.5%, new provisions RMB1.68B (vs RMB1.92B), provision coverage 391% and leverage 2.4x — and to funding stability with ABS issuance of RMB2.9B (+16% QoQ), funding cost down ~10 bps QoQ and cash/short‑term investments of RMB10.79B.

Improved Risk Metrics and Portfolio Health

Multiple leading and portfolio risk indicators improved in Q1: FPD7 for new loans declined ~20% sequentially versus Q4; FPD7 for loans issued Jan–Mar fell ~5% vs December; FPD30+ declined ~22% in Q1 vs Q4. The C2M2 outstanding delinquency rate decreased ~17% sequentially to 0.8% and by March had returned to levels seen in July–August 2025.

Higher Collection Efficiency

30-day collection rate averaged 85.8% in Q1, up 1.8 percentage points sequentially. Day-1 delinquency improved to 5.7% from 6.1% in Q4, easing pressure on collections and allowing the company to scale back less cost-effective collection efforts.

Cost and Funding Optimization

Overall customer acquisition costs fell ~17% sequentially while unit CAC remained largely stable. The company increased ABS in its funding mix (ABS issuance RMB2.9 billion, up 16% Q-on-Q), which helped reduce overall funding cost by ~10 basis points sequentially.

Tech Solutions Traction and AI Adoption

Loan volumes powered by the tech solutions business reached RMB9.96 billion in Q1, representing ~7x year-over-year growth. The platform served 167 financial institutions and cumulatively supported over 64 million credit line users. Engineering AI adoption is high (98.4% of technical staff using AI tokens), supporting the firm's long-term AI-native strategy.

Improved User Mix and Focus on High-Quality Customers

Spending on acquiring high-quality users increased ~40% sequentially, driving a 25 percentage-point jump (since Q3) in the share of high-quality users in new customer loan volume and a 6 percentage-point sequential increase in the share of high-quality users among new credit line users. Management expects better long-term LTV from this cohort.

Strong Liquidity and Capital Actions

Cash, cash equivalents, and short-term investments totaled RMB10.79 billion (flat sequentially). The company repurchased approximately US$577 million in aggregate principal amount of convertible bonds (CB), leaving ~US$113 million outstanding, strengthening financial flexibility.

Qifu Technology (QFIN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

QFIN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2026	2026 (Q2)	0.72 / -	1.878	―	―	―
May 26, 2026	2026 (Q1)	0.96 / 1.05	1.857	-43.26% (-0.80)
Mar 17, 2026	2025 (Q4)	1.19 / 1.15	1.949	-40.94% (-0.80)
Nov 18, 2025	2025 (Q3)	1.79 / 1.59	1.793	-11.33% (-0.20)
Aug 14, 2025	2025 (Q2)	1.86 / 1.88	1.313	43.05% (+0.57)
May 19, 2025	2025 (Q1)	1.84 / 1.86	1.074	72.88% (+0.78)
Mar 16, 2025	2024 (Q4)	1.80 / 1.95	1.013	92.44% (+0.94)
Nov 19, 2024	2024 (Q3)	1.46 / 1.79	1.021	75.50% (+0.77)
Aug 13, 2024	2024 (Q2)	1.08 / 1.31	0.977	34.34% (+0.34)
May 19, 2024	2024 (Q1)	1.08 / 1.07	0.83	29.43% (+0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

QFIN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 26, 2026	$12.59	$15.74	+25.02%
Mar 17, 2026	$13.63	$12.47	-8.45%
Nov 18, 2025	$21.17	$18.16	-14.23%
Aug 14, 2025	$30.63	$29.39	-4.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.