Qifu Technology Q2 Non-GAAP Profit Drops 75% to $455M
Qifu Technology reported Q2 2026 non-GAAP net profit of $455 million, down 75.1% year over year, alongside revenue falling 31.6% to $3.57 billion. Loan facilitation volume slipped to about RMB 63.4 billion, down 2.5% sequentially. The company expects Q3 non-GAAP income to fall 67%–73% YoY, citing regulatory and market caution, while customer acquisition costs declined.