arrow_back Back Filing freshness 10-Q FY 2025 SEC EDGAR

download Export Data

Affirm Holdings, Inc.

AFRM

$75.31 ▼ -1.15 (-1.50%) at close

8 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

auto_awesome

Analytical Summary

Affirm Holdings, Inc. faces fundamental challenges with weakness in Debt to Equity and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $24.3B

Dividend Yield —

Revenue Growth 38.8% ↘

Op. Margin -2.7% ↗

ROIC -0.7% ↗

FCF / Share $1.86 ↗

Trailing P/E 470.7x

Price / Book 7.9x

FCF Yield 2.5%

Debt / Equity 2.48

info Valuation on last close. End-of-day price, Aug 7, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$3.22B

↑ +38.8% —

Net Income Profit after all expenses

$52.19M

↑ +110.1% —

Operating Margin Operating profit as % of sales

-2.7%

↑ +89.8% 23th

FCF / Share Free cash flow per share

$1.86

↑ +98.6% —

Long-Term Debt Long-term obligations

$7.61B

↑ +314.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns

Financial Health ↑

Cash Quality ↑

Financial view

Statement lens

Choose the reporting cadence, isolate a period range, or search directly for a metric.

Cadence

Annual Quarterly

Range

→

📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Revenue Growth YoY (%)	38.8% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+547%)	46.3% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+671%)	17.7% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+195%)	55.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+817%)	70.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1081%)	92.7% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1446%)	—	—
EPS Growth YoY (%)	N/M	50.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-33.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	9.7% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-5.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	7.4% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	47.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-39.3% Weak ↑ Weak Improving Year-over-year change in net income	-60.4% Weak ↑ Weak Improving Year-over-year change in net income	-291.7% Weak Weak Year-over-year change in net income	6.5% Fair Fair Year-over-year change in net income	—	—
FCF Growth YoY (%)	98.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	N/M	58.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	34.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	30.2% Excellent Excellent Year-over-year change in free cash flow	14.7% Fair Fair Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	33.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	38.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	46.1% Excellent Excellent Compound annual revenue growth over 3 years	72.2% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	44.6% Excellent Excellent Compound annual revenue growth over 5 years	54.4% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Operating Margin (%) (%)	-2.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-111%)	-26.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-206%)	-75.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-402%)	-64.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-357%)	-44.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-276%)	-21.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-185%)	-48.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-293%)	—
Effective Tax Rate (%) (%)	15.1% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	1.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	-22.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-201%)	-62.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-382%)	-52.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-338%)	-50.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-330%)	-22.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-200%)	-45.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-307%)	—
FCF Margin (%) (%)	18.7% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	12.5% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-6.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-18.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-24.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-18.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-40.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	11.53x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.56x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.48x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.82x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.89x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Return on Invested Capital (%)	-0.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-13.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-47.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-32.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-14.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	29.5% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	48.4% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-0.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-6.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-14.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-7.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-7.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	1.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-86%)	-19.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-258%)	-38.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-424%)	-27.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-325%)	-17.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-243%)	30.7% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+156%)	45.7% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+281%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Debt to Equity (x)	2.48x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+107%)	0.67x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-44%)	—	—	—	—	—	—
Interest Coverage (x)	-0.21x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.79x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-6.56x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-12.43x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-7.28x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-3.34x Weak Weak Operating income divided by interest expense Optimal: > 5x	-4.92x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$6.26B	$823.80M	$-892.03M	$-1.26B	$-1.47B	$-267.06M	—	—
Debt / EBITDA (x)	55.22x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.11x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Revenue per Share (USD)	$9.99	$7.50	$5.38	$4.79	$5.50	$10.65	$5.58	—
Basic EPS, GAAP (USD)	$0.16	$-1.67	$-3.34	$-2.51	$-2.78	$-2.63	$-2.84	—
Free Cash Flow per Share (USD)	$1.86	$0.94	$-0.37	$-0.88	$-1.35	$-1.93	$-2.26	—
Book Value per Share (USD)	$9.51	$8.82	$8.58	$9.29	$16.26	$-7.67	$-5.56	—
Tangible Book Value per Share (USD)	$7.81	$7.05	$6.63	$7.10	$12.57	$-7.75	$-5.59	—
Basic Weighted Avg Shares (shares)	322.85M	309.86M	295.34M	281.70M	158.37M	47.86M	47.35M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
LT Debt (USD)	$7.61B	$1.84B	—	—	—	—	—	—
Total Equity (USD)	$3.07B	$2.73B	$2.53B	$2.62B	$2.58B	$-367.10M	$-263.41M	$-169.27M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Jun 30, 2025 10-K ↗	FY 2024 Jun 30, 2024 10-K ↗	FY 2023 Jun 30, 2023 10-K ↗	FY 2022 Jun 30, 2022 10-K ↗	FY 2021 Jun 30, 2021 10-K ↗	FY 2020 Jun 30, 2020 10-K ↗	FY 2019 Jun 30, 2019 10-K ↗	FY 2018 Jun 30, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$3.22B	$2.32B	$1.59B	$1.35B	$870.46M	$509.53M	$264.37M	—
Depreciation Expense (USD)	$225.08M	$169.04M	$134.63M	$52.72M	$19.98M	$9.44M	$5.27M	—
Net Income, GAAP (USD)	$52.19M	$-517.76M	$-985.35M	$-707.42M	$-441.03M	$-112.60M	$-120.45M	—
Operating Cash Flow (USD)	$793.91M	$450.14M	$12.18M	$-162.19M	$-193.13M	$-71.30M	$-87.65M	—

⌨️ Keyboard Shortcuts

/ Search

Esc Clear

A Annual

Q Quarterly

1-7 Jump to category

R Reset

bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 8 years · 29 quarters

Affirm Holdings, Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

Compare AFRM with peers