QFIN

Qfin Holdings (NASDAQ: QFIN) reported Q2 2025 results, with total net revenue of RMB5,215.9 million (US$728.1 million) and Non-GAAP net income of RMB1,849.0 million (US$258.1 million). Loan facilitation volume increased 16.1% YoY to RMB84,609 million and outstanding loan balance rose 13.4% YoY to RMB140,080 million. The platform connects 165 financial institutions and serves 275.8 million users. Despite challenges, Qfin maintained a 93.8% repeat borrower rate and optimized its business mix with 41.4% of loan volume under a capital-light model.