Qfin Holdings Reports Q2 2026 Results and Declares Dividend

EarningsCorporate Action
โดย GlobeNewswire·US·Read original
Summary · why it matters

Qfin Holdings, Inc. (NASDAQ: QFIN; HKEx: 3660) announced its unaudited financial results for the second quarter and six months ended June 30, 2026, and declared a semi-annual dividend of US$0.23 per Class A ordinary share, or US$0.46 per ADS, payable to holders of record as of September 9, 2026. Total net revenue for the second quarter was RMB3,566.6 million (US$525.6 million), down from RMB5,215.9 million in the same period of 2025, while net income fell to RMB401.4 million (US$59.2 million) from RMB1,730.5 million, partly due to a non-recurring tax-related expense of approximately RMB500 million. Non-GAAP net income was RMB454.9 million (US$67.0 million), and the company guided third-quarter 2026 net income between RMB360 million and RMB460 million, reflecting a year-on-year decline of 67% to 73%. The company also appointed Prof. Dong Lou as an independent director, effective August 25, 2026, and provided an update on its share repurchase plan, having repurchased approximately 5.6 million ADSs for about US$234 million as of that date.

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Q2 revenue and net income fell sharply, with a non-recurring tax expense and weak Q3 guidance.

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