Qfin Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $854.5M | $856.0M | $601.2M | $580.8M | $904.6M | $535.7M | $359.3M | $173.6M |
| Depreciation & Amortization | $9.7M | $10.3M | $10.4M | $11.2M | $10.4M | $5.5M | $1.1M | $547.0K |
| Depreciation | — | — | — | — | $13.5M | $10.4M | $6.8M | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $54.1M | $23.0M | $26.1M | $29.0M | $39.8M | $46.2M | $36.0M | $88.3M |
| Net Cash from Operating Activities | $1.58B | $1.28B | $1.00B | $858.7M | $908.5M | $816.2M | $427.1M | $41.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $34.4M | $21.0M | $11.9M | $3.9M | $4.0M | $2.3M | $3.7M | $1.2M |
| Business Acquisitions | — | $356.0K | $3.7M | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.87B | $-1.10B | $-1.57B | $-1.07B | $-951.6M | $136.8M | $-1.27B | $47.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $693.3M | $407.3M | $89.6M | — | — | — | — | — |
| Net Cash from Financing Activities | $398.1M | $-289.7M | $150.2M | $464.5M | $355.2M | $-503.1M | $1.11B | $66.5M |
| Net Change in Cash | $105.1M | $-103.2M | $-416.0M | $254.1M | $311.6M | $450.3M | $261.8M | $153.8M |
| Free Cash Flow | $1.55B | $1.26B | $990.7M | $854.8M | $904.6M | $813.9M | $423.4M | $40.2M |