Qfin Holdings (QFIN) Q2 FY26 earnings call

Qfin Holdings navigated a challenging Q2 FY26 marked by industry-wide liquidity tightening and increased regulatory scrutiny in China's consumer finance sector. The company prioritized prudent operations, focusing on compliance, risk management, and efficiency, which led to improved risk metrics and funding costs. However, these efforts came at the expense of revenue and profitability, with a significant year-over-year decline in both, and a cautious outlook for Q3 due to ongoing market volatility and regulatory changes.