Affirm Holdings, Inc. AFRM R3KFINANCIAL
Company Overview
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. Its platform offers pay-over-time solutions at checkout for both consumers and merchants. The company's commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. It has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. The company's merchants represent a range of industries, including electronics; equipment and auto; fashion and beauty; general merchandise; home and lifestyle services; sporting goods and outdoors; and travel and ticketing. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.
Why Investors Should Care
Generates a return on equity of 45.1%, reflecting efficient use of shareholder capital.
Revenue has grown at a 68.6% CAGR over the past five years.
Trades at an undemanding P/E of 13.0.
Maintains a net profit margin of 45.3%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Jun 2025 Revenue of $3.22B (+38.8% YoY); net profit $52.19M.
- Trailing 12 Months Year-on-year growth — revenue +33.0%, earnings +2186.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 68.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 68.62% |
| 1 Year: | 33.00% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | 2,186.90% |
Stock Price Performance
| 1 Year: | -7.24% |
| 6 Months: | +41.86% |
| 3 Months: | +10.11% |
| 1 Month: | -4.21% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)44.05 · Neutral
P/E of 13.03 is above the sector median of 12.89 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 45.1%.
- Excellent profit margin of 45.3%.
- Compounding revenue at 68.6% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AFRM Affirm Holdings, Inc. R3KFINANCIAL | 72.08 | 13.03 | $21.40B | 0.00% | 3.08% | 45.13% | 68.62% | - |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2019 | Dec 2019 | Mar 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 73.28M | 99.22M | 110.45M | 111.81M | 111.64M | 153.65M | 144.22M | 139.86M | 163.14M | 148.48M | 179.43M | 227.63M | 194.97M | 231.82M | 303.04M | 783.13M | 876.42M | 933.34M | 1.12B | 1.04B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 271.02M | 282.94M | 301.91M | 343.45M | 353.91M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 512.12M | 593.47M | 631.42M | 779.57M | 684.86M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 412.87M | 429.50M | 457.74M | 550.22M | 482.67M |
| Operating Income | - | -32.63M | -81.50M | -33.29M | -26.77M | -209.35M | -166.07M | -196.20M | -226.55M | -287.47M | -359.53M | -310.04M | -209.45M | -172.15M | -160.79M | -132.62M | -4.32M | 99.25M | 163.97M | 173.69M | 229.34M | 202.19M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 172.44M | 241.49M | 258.38M | 320.55M | 296.20M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 107.63M | 105.91M | 110.03M | 111.72M | 113.76M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.34M | 71.58M | 83.02M | 133.24M | 107.38M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.54M | 2.34M | 2.33M | 3.65M | 4.48M |
| Net Income | -30.80M | -31.00M | -85.62M | -3.95M | -26.61M | -287.05M | -306.62M | -159.74M | -54.67M | -251.27M | -322.44M | -205.68M | -171.78M | -166.90M | -133.94M | -100.22M | 80.36M | 2.80M | 69.24M | 80.69M | 129.59M | 102.90M |
| Diluted EPS | - | -0.92 | -1.80 | -0.47 | -0.38 | -1.23 | -1.13 | -0.57 | -0.19 | -0.86 | -1.10 | -0.69 | -0.57 | -0.54 | -0.43 | -0.31 | 0.23 | 0.01 | 0.20 | 0.23 | 0.37 | 0.30 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 140.27M | 276.09M | 429.40M | 1.35B | 1.59B | 2.32B | 3.22B |
| Cost of Revenue | - | - | - | 576.46M | 873.16M | 845.11M | 1.05B |
| Gross Profit | - | - | - | 772.84M | 714.82M | 1.48B | 2.18B |
| Operating Expenses | - | - | - | 1.57B | 1.70B | 1.74B | 1.84B |
| Operating Income | -127.44M | -107.79M | -383.67M | -796.35M | -981.98M | -264.83M | 337.99M |
| EBITDA | - | - | - | -602.41M | -671.60M | -2.23M | 711.99M |
| Interest Expense | - | - | - | 69.69M | 183.01M | 344.25M | 425.45M |
| Pretax Income | - | - | - | -724.83M | -989.25M | -515.53M | 61.46M |
| Tax Provision | - | - | - | -17.41M | -3.90M | 2.23M | 9.28M |
| Net Income | -120.45M | -112.60M | -441.03M | -707.42M | -985.35M | -517.76M | 52.19M |
| Diluted EPS | -2.84 | -2.63 | -2.94 | -2.51 | -3.34 | -1.67 | 0.15 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.40B | 4.87B | 6.97B | 8.16B | 9.52B | 11.15B |
| Current Assets | - | - | - | - | 5.68B | 6.90B | 8.21B | 9.76B |
| Cash & Equivalents | - | - | 267.06M | 1.47B | 1.26B | 892.03M | 1.01B | 1.35B |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 142.05M | 199.09M | 353.03M | 426.18M |
| Total Liabilities | - | - | 965.18M | 2.29B | 4.36B | 5.62B | 6.79B | 8.09B |
| Current Liabilities | - | - | - | - | 107.07M | 92.80M | 124.96M | 180.10M |
| Long Term Debt | - | - | - | - | 4.08B | 5.40B | 6.57B | 7.82B |
| Total Debt | - | - | - | - | 4.14B | 5.45B | 6.61B | 7.85B |
| Total Equity | -169.27M | -263.41M | -367.10M | 2.58B | 2.62B | 2.53B | 2.73B | 3.07B |
| Shares Outstanding | - | - | - | - | 287.37M | 296.85M | 311.05M | 325.11M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -87.65M | -71.30M | -193.13M | -162.19M | 12.18M | 450.14M | 793.91M |
| Investing Cash Flow | -353.73M | -253.07M | -1.02B | -2.01B | -1.65B | -1.33B | -1.08B |
| Financing Cash Flow | 561.65M | 294.73M | 2.58B | 2.04B | 1.35B | 913.15M | 751.42M |
| Capital Expenditure | -19.41M | -21.02M | -20.25M | -111.70M | -120.78M | -159.30M | -192.19M |
| Free Cash Flow | -107.06M | -92.32M | -213.38M | -273.90M | -108.59M | 290.84M | 601.72M |
| Net Change in Cash | - | - | - | -136.41M | -290.94M | 38.14M | 462.27M |
| Share Buybacks | 2.63M | 18.85M | 800.00K | 86.00K | 109.00K | 0 | 250.00M |
Ratios (Annual)
Figures in %.
| Metric | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 57.3% | 45.0% | 63.6% | 67.5% |
| Operating Margin % | -90.9% | -39.0% | -89.3% | -59.0% | -61.8% | -11.4% | 10.5% |
| Net Margin % | -85.9% | -40.8% | -102.7% | -52.4% | -62.1% | -22.3% | 1.6% |
| ROE % | 45.7% | 30.7% | -17.1% | -27.0% | -38.9% | -19.0% | 1.7% |
| ROCE % | - | - | - | -11.6% | -12.2% | -2.8% | 3.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Capital Research Global Investors | 8.76% | 26.00M | $1.85B |
| 2 | Capital World Investors | 7.79% | 23.12M | $1.65B |
| 3 | Morgan Stanley | 7.75% | 23.00M | $1.64B |
| 4 | Blackrock Inc. | 6.61% | 19.61M | $1.40B |
| 5 | FMR, LLC | 5.92% | 17.58M | $1.25B |
| 6 | JPMORGAN CHASE & CO | 5.63% | 16.72M | $1.19B |
| 7 | Vanguard Capital Management LLC | 4.15% | 12.32M | $877.37M |
| 8 | Vanguard Portfolio Management LLC | 4.00% | 11.89M | $846.43M |
| 9 | State Street Corporation | 2.14% | 6.35M | $452.13M |
| 10 | BAILLIE GIFFORD & CO | 1.97% | 5.86M | $417.05M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AFRM
Consumer Pressure Rises, but So Does Demand for Affirm's Services
AFRM sees rising demand for installment payments as inflation and gas costs pressure consumers, while disciplined underwriting helps manage credit risk.
Affirm (AFRM) Stock Gets Fair Value Boost After Analysts Back Growth Roadmap
The fair value estimate for Affirm Holdings has moved from US$78.93 to US$99.23, which is a sizable reset in what analysts think the stock could be worth on their models. Recent research points to growing confidence in Affirm’s growth roadm…
Affirm CEO delivers bad news for U.S. consumers as demand spikes
Every consumer watching gas prices should hear this warning from the Affirm CEO after its strong earnings report.
BofA tells investors to consider buying hidden-value fintech stock
Bank of America says Affirm’s own guidance is hiding the best parts of its growth.
How Affirm leverages 0% interest
Inflation is part of what’s prompting consumers to turn to Affirm’s zero-interest buy now, pay later loans, the company’s latest financial results suggest.
Affirm’s (AFRM) Next Chapter Bets Big On The Card
Affirm Holdings (NASDAQ:AFRM) just delivered its most profitable quarter ever, and the stock still fell 4.26% anyway. That gap between the numbers and the market’s reaction is the story here. On the earnings call held August 27, founder and…
AFRM — Frequently Asked Questions
What is the current share price of Affirm Holdings, Inc. (AFRM)?
As of 2026-09-19 21:16 PDT, Affirm Holdings, Inc. (AFRM) trades at $72.08 on NasdaqGS. Its 52-week range is $42.53 to $92.18.
What is the market capitalisation of AFRM?
Affirm Holdings, Inc. (AFRM) has a market capitalisation of $21.40B on NasdaqGS.
What is the P/E ratio of AFRM?
AFRM trades at a trailing price-to-earnings (P/E) ratio of 13.03. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 4.19.
What is the return on equity (ROE) of AFRM?
AFRM has a return on equity (ROE) of 45.13%. Its return on capital employed (ROCE) is 3.08%.
Is AFRM a good stock to buy?
This page provides a data-driven analysis of Affirm Holdings, Inc. (AFRM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.