Qudian Inc.(QD)Earnings, Financials & Key Ratios
QD•NYSE
$2.73
38.2× P/E·Price updated Jun 20, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustryConsumer Credit Issuers and Installment Lenders
AboutQudian Inc. operates as a consumer-oriented technology company in the People's Republic of China. The company provides small cash credit products to consumers; and financial leasing and financing guarantee services, as well as technology development and services. It also offers ready-to-cook meal products for working-class consumers. The company was founded in 2014 and is headquartered in Xiamen, the People's Republic of China.Show more
- EBITDA-$253M+12.8%
- Net Income$92M+134.4%
- EPS (Diluted)0.49+172.2%
- Gross Margin7.12%+126.6%
- EBITDA Margin-116.75%+49.1%
- Operating Margin-142.38%+45.7%
- Net Margin42.38%+36.8%
- ROE0.8%+142.1%
QD Price & Volume
Qudian Inc. (QD) stock price & volume — 10-year historical chart
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Persistent Operational Decay Masks Massive Cash Reserves
Investment Thesis • Updated 2025Q2
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Fortress
Cash Flow:Burning
Primary Risk:Strategic Pivot Execution Failure
Key Thesis Takeaways
- Qudian currently functions as a capital holding vehicle rather than a viable operating business, as evidenced by the collapse of quarterly revenue from $63.8 million in 2023Q4 to $3.5 million in 2025Q2.
- The firm's repeated strategic pivots have failed to generate sustainable margins, with operating losses frequently overwhelming core business activities.
- Investors should remain cautious as the company's reported net income of $311.8 million in 2025Q2 is entirely decoupled from its underlying operational performance and cash generation capabilities.
Verdict Logic
the company's inability to generate positive operating cash flow, combined with a 9.10 P/S ratio that ignores the lack of a durable revenue stream, suggests significant downside risk for shareholders.
QD Growth Metrics
Qudian Inc. (QD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years21%
5 Years-52.38%
3 Years-49.23%
TTM-
Profit CAGR
10 Years-
5 Years-51.05%
3 Years-46.2%
TTM293.82%
EPS CAGR
10 Years-
5 Years-46.19%
3 Years-40.01%
TTM343.55%
Return on Capital
10 Years18.72%
5 Years1.06%
3 Years-2.67%
Last Year-2.67%
QD Recent Earnings
Qudian Inc. (QD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat Revenue 3/12 qtrs (100%)
Q4 2025Latest
Nov 24, 2025Metric
Actual
Est
EPS
$0.35
—
Rev
$1M
—
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.26
—
Rev
$486,680
—
Q2 2025
May 30, 2025Metric
Actual
Est
EPS
$0.12
—
Rev
$4M
—
Q2 2025
Mar 20, 2025Metric
Actual
Est
EPS
$0.05
—
Rev
$7M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 24, 2025 | $0.35 | $1M |
| Q3 2025 | Aug 13, 2025 | $0.26 | $486,680 |
| Q2 2025 | May 30, 2025 | $0.12 | $4M |
| Q2 2025 | Mar 20, 2025 | $0.05 | $7M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Qudian Inc. (QD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.73 | $287.19M | 38.22 | 71.31% | 42.38% | 0.8% | — | |
| $4.86 | $1.21B | 3.53 | 1.03% | 18.75% | 6.05% | — | |
| $1.87 | $315.4M | 1.39 | -9.94% | 11.52% | 14.68% | — | |
| $15.27 | $1.99B | 1.21 | 8.83% | 33.86% | 24.95% | — | |
| $2.85 | $958.83K | -0.01 | -60.88% | -14.04% | -1.25% | — | |
| $1.42 | $595.36M | -2.03 | -32.51% | -10.59% | -3.8% | — |
Compare QD vs Peers
Qudian Inc. (QD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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QD Frequently Asked Questions
Qudian Inc. (QD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Qudian Inc.'s revenue?
Qudian Inc. (QD) reported $136.5M in revenue for fiscal year 2024.
How fast is Qudian Inc. growing?
Qudian Inc. (QD) grew revenue by 71.3% over the past year. This is strong growth.
Is QD profitable?
Yes, Qudian Inc. (QD) is profitable, generating $527.4M in net income for fiscal year 2024 (42.4% net margin).
Dividend & Returns
What is QD's return on equity?
Qudian Inc. (QD) has a return on equity (ROE) of 0.8%. This is below average, suggesting room for improvement.
What is Qudian Inc.'s free cash flow?
Qudian Inc. (QD) had negative free cash flow of $429.0M in fiscal year 2024, likely due to heavy capital investments.