Qifute Technology: The total registered user number has reached 298 million, a year-on-year increase of 11%.

date
27/05/2026
On May 27th, Qifu Technology released its first quarter report for 2026, which showed that as of the end of March, the company had served a total of 167 financial institutions, with a registered user base reaching 298 million, an 11% increase year-on-year. The cumulative number of credited users increased to 64.8 million, a 10.9% increase year-on-year, and the cumulative number of borrowers also reached 39.5 million, an 11% increase year-on-year. The company stated in its financial report that due to industry adjustments and proactive optimization of business structure strategies, the platform facilitated loans totaling 65 billion yuan, a 7.5% decrease from the previous period and a 26.8% decrease year-on-year. As of the end of March, the outstanding loan balance was 114.4 billion yuan, a 9.2% decrease from the end of the previous quarter and an 18.5% decrease year-on-year. In terms of financial performance, the company's first quarter revenue was 39.1 billion yuan, a 16.7% decrease year-on-year, while net profit was 9.5 billion yuan, a 51% decrease year-on-year.