Qfin Holdings, Inc. · NASDAQ:QFIN
Qfin — Q1 2026 Earnings Presentation
22 slides from Qfin's earnings presentation, May 2026
Slide 1: 1Q2026 Result Presentation
May 2026 1Q2026 Result Presentation Strictly Private and Confidential
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Qfin Holdings, Inc. considerations involved with an investment in the securities inherent risks and uncertainties. A number of factors could (the “Company”) solely for information purpose. By viewing of the Company. Nothing contained in this presenta
Slide 3: Our Mission
Our Mission To Enable a Better Life for People by Facilitating Safe, Convenient and Inclusive Financial Services through Technology Empowerments to Financial Institutions 3
Slide 4: Company Overview
QFIN SER B Company Overview al vio an | it
Slide 5: What We Have Achieved in 1Q26
What We Have Achieved in 1Q26 A Leading AI-empowered Credit-Tech Platform in China 64.8 million 167 RMB65.0 billion RMB946 million 15.7% Cumulative Users with Cumulative Financial Loan Facilitation Volume in 1Q26 Non-GAAP Net Income in 1Q26 (2) Non-GAAP ROE(3) Approved Credit Lines(1) Institution Pa
Slide 6: Dedicated to Returning Value to Shareholders
Dedicated to Returning Value to Shareholders Significant share count reduction by repurchases Progressive Dividend per ADS Authorized and Actual Repurchased Value Dividend per ADS (US$ million) (US$) US$1.2 billion Worth of ADSs repurchased Cumulatively 677 450 450 350 350 (1) 1.54 227 150 150 1.30
Slide 7: We Primarily Enable Financial Institutions with Our Innovative Technology Solutions
We Primarily Enable Financial Institutions with Our Innovative Technology Solutions… 64.8 million 167 Users with Approved Credit Lines(2) Our Solutions Financial Institution Partners(2) National Banks Consumers SMEs Convenient Process Borrower Acquisition City/Rural Commercial Technology Banks Credi
Slide 8: …to Make Credit Accessible and Affordable to Underserved Borrowers
…to Make Credit Accessible and Affordable to Underserved Borrowers Credit card, mortgage & Geography coverage Age auto loan holders ~81% from tier 65%(1) < 40 60%(1) (3) 3/4 cities(1) Repeated borrowers’ Weighted average Average drawdown loan volume contribution contractual tenor 86.8%(2) RMB12.7k(2
Slide 9: Our Solutions
Our Solutions Credit-driven Services Capital-light Model Intelligent Credit Engine Technology Solutions 2016 2018 2019 2020 Services Provided More tech-empowered models User Acquisition & Preliminary Credit Screening Matching & Referral Advanced Credit Assessment Credit Risk Taking Post-facilitation
Slide 10: Multichannel and Efficient User Acquisition With a Broad User Base
Multichannel and Efficient User Acquisition With a Broad User Base AI-powered Online Advertising • Partner with leading internet traffic platforms • RTA-DMP Marketing System enables efficient user acquisition • Acquire users across all online life and business scenarios Embedded Finance • 79 embedde
Slide 11: Proven Track Record of Consistent Execution with Stable Asset Quality
Proven Track Record of Consistent Execution with Stable Asset Quality Our Track Record Loan Facilitation Volume(1) 180 Day+ Delinquency Rates by Vintage (2) (RMB billion) (As of March 31, 2026) 4.00% 3.50% 356.5 369.1 3.00% 330.7 322.0 327.1 2.50% 246.8 2.00% 199.1 1.50% 1.00% 96.0 0.50% 31.0 0.00%
Slide 12: AI-Empowered Credit Assessment Capabilities Create Dual Flywheel Effect
AI-Empowered Credit Assessment Capabilities Create Dual Flywheel Effect Superior AI-driven Credit Assessment Engine (Argus)… … Reinforcing Flywheel Effect 290 mm+ users(1) with 2,600+ models enabled Proprietary credit multimodal insights with cutting-edge technologies score system output More Machin
Slide 13: Credit is a Natural and Perfect Use Case for AI Empowerment
Credit is a Natural and Perfect Use Case for AI Empowerment Massive data Millions of Frictionless customer Dramatic in digitally repeating credit / experience with automated economic wins available form repayment events for both lenders and for AI-powered business to train for constantly loan proces
Slide 14: From “AI Across Our Operations” to Technology Enablement
From “AI Across Our Operations” to Technology Enablement Ubiquitous AI Applications in Our Business “AI + Credit” Strategy Evolving into a Next- Generation AI Credit Super Agent Collection Credit User Lifecycle Acquisition User Acquisition System Risk Mgmt. Loan … System Monitoring Loan Application
Slide 15: “One Core, Two Wings” Strategy
“One Core, Two Wings” Strategy Our Vision: Becoming a Respected Global Fintech Company Fintech Solutions for FIs Overseas Expansion Core Credit Business in China Supported by Our AI+ Strategy 15
Slide 16: Operational and Financial Data
Operational and Financial Data
Slide 17: Continued User Base Expansion
Continued User Base Expansion Cumulative Users with Approved Credit Lines Cumulative Borrowers (million) (million) 64.8 63.6 64.8 39.5 38.9 39.5 58.4 35.5 1Q25 1Q26 4Q25 1Q26 1Q25 1Q26 1Q26 4Q25 17
Slide 18: Softer Loan Volume While Maintaining Strict Credit Standards
Softer Loan Volume While Maintaining Strict Credit Standards Loan Facilitation Volume (1) Outstanding Loan Balance (2) (RMB billion) (RMB billion) % of platform services’ contribution % of platform services’ contribution 49.3% 48.3% 43.8% 48.3% 56.1% 48.7% 47.2% 48.7% 140.3 88.9 126.0 70.3 114.4 114
Slide 19: Sequential Decline in Net Profit Driven by Lower Non-recurring Gains
Sequential Decline in Net Profit Driven by Lower Non-recurring Gains Despite Improved Operating Performance Total Net Revenue Non-GAAP Net Income (1) (RMB million) (RMB million) 4,691 4,093 3,909 3,909 1,926 1,071 946 946 1Q25 1Q26 4Q25 1Q26 1Q25 1Q26 4Q25 1Q26 Notes: (1) Excluding share-based compe
Slide 20: Operating Expenses
Operating Expenses Facilitation, Origination and Sales and Marketing Expense General and Administrative Servicing Expense (% of Loan Facilitation Volume(1)) Expense (% of Loan Facilitation Volume(1)) (% of Loan Facilitation Volume(1)) User Acquisition Costs(RMB)(2) 384 383 380 383 1.26% 1.26% 1.06%
Slide 21: Improvement in Risk Metrics Driven by Stricter Risk Strategies
Improvement in Risk Metrics Driven by Stricter Risk Strategies 18.0% 100.0% 90.8% 89.6% 90.4% 90.3% 89.3% 15.0% 87.5% 87.1% 87.2% 86.7% 87.4% 88.1% 88.1% 87.3% 90.0% 86.0% 85.8% 86.4% 86.2% 86.3% 85.7% 85.8% 84.7% 84.9% 85.1% 84.1% 84.0% 12.0% 80.0% 9.0% 70.0% 7.3% 6.2% 6.1% 5.5% 5.7% 6.0% 5.3% 5.2%
Slide 22: THANK YOU
THANK YOU