Qfin Holdings posted total net revenue of RMB3.91 billion in the first quarter of 2026, down from RMB4.09 billion in the prior quarter and RMB4.69 billion a year earlier. Non-GAAP net income fell 11.6% sequentially to RMB950 million, while loan facilitation and origination volume declined 7.5% to RMB65 billion. The 90-day delinquency rate rose to 3.5% from 2.71% in the fourth quarter, though the day-one delinquency rate improved to 5.7% from 6.1%. The company expects a year-on-year decline in non-GAAP net income between 47% and 51% for the second quarter of 2026, citing macro uncertainty and regulatory pressure.
360 DigiTech Inc.Qfin Holdings (360 DigiTech) reported declining revenue, falling net income, rising delinquencies, and a weak Q2 outlook, all negative financial results.
360 Finance Inc