Affirm
AFRM Nasdaq· Transaction & Payment Processing Services
Last close · Oct 27, 2026
$72.68
KIRA · Stoqly’s AI analyst, in plain words
- Affirm had $4.3B of revenue in fiscal 2026, up 32.2% on the year before. Over five years, revenue changed +37.4% a year on average.
- Its operating margin was 9.8%, up 12.5 pts: of every 100 in sales, about 10 is left after running the business.
- Affirm made $1.9B of net profit in fiscal 2026.
- Free cash flow was $993M in fiscal 2026, 23.3% of revenue.
- Affirm returned $0.0M to shareholders in fiscal 2026, 0% of free cash flow. The diluted share count rose 2.3%.
Market cap
$25.4B
P/E
—
Revenue
$4.3B
Net income
$1.9B
Free cash flow
$993M
Operating margin
9.8%
Affirm in 30 seconds · fiscal 2026
Are sales growing?
+32.2%
Yes. Sales grew 32.2% last year.
Does it make a profit?
45.3%
Yes. It keeps 45.3% of every sale as profit.
Does profit turn into cash?
23.3%
Yes. 23.3% of sales ends up as free cash.
What Affirm does
No business description yet.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K · Aug 27, 2026
- Legal name
- Affirm Holdings, Inc.
- CIK
- 0001820953
Affirm · AFRM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.3B | $1.6B | $2.3B | $3.2B | $4.3B |
| Revenue growth | 55.0% | 17.7% | 46.3% | 38.8% | 32.2% |
| Operating margin | −64.2% | −75.6% | −26.5% | −2.7% | 9.8% |
| Net income | −$707M | −$985M | −$518M | $52.2M | $1.9B |
| Net margin | −52.4% | −62.1% | −22.3% | 1.6% | 45.3% |
| Diluted EPS | −$2.51 | −$3.34 | −$1.67 | $0.15 | $5.53 |
| Cash | |||||
| Cash from operations | −$162M | $12.2M | $450M | $794M | $1.2B |
| Capital expenditure | $86.3M | $121M | $159M | $192M | $238M |
| Free cash flow | −$248M | −$109M | $291M | $602M | $993M |
| FCF margin | −18.4% | −6.8% | 12.5% | 18.7% | 23.3% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.1M | $0.1M | $0.0M | $250M | $0.0M |
| Share count change | 76.9% | 4.8% | 4.9% | 10.1% | 2.3% |
| Debt and strength | |||||
| Cash and short-term investments | $1.3B | $892M | $1.0B | $1.4B | $1.6B |
| Shareholders' equity | $2.6B | $2.5B | $2.7B | $3.1B | $5.5B |
| Interest coverage | −12.4x | −6.6x | −1.8x | −0.2x | 0.9x |
| Returns and quality | |||||
| Return on equity | −27.2% | −38.3% | −19.7% | 1.8% | 45.1% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$89.4M
6 insiders
Of sales under plans
96%
$85.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Affirm · AFRM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Affirm AFRM | $25.4B | 32.2% | 9.8% | 23.3% | — | — | — |
| Euronet Worldwide EEFT | $2.7B | 6.4% | 12.5% | 10.2% | 29.9% | 9.4x | 7 |
| Shift4 FOUR | $49.0M | 25.5% | 8.4% | 14.9% | 6.5% | — | 6 |
| Western Union WU | $1.9B | −3.8% | 18.7% | 12.5% | 24.0% | 4.9x | — |
| Corpay CPAY | $26.3B | 13.9% | 44.0% | 28.7% | 11.5% | 24.2x | 5 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $72.68 a share, the company is worth $25.4B.
Affirm grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001820953). Data updated October 11, 2026. For information only — not investment advice. Check the original filings before relying on any figure.