Affirm Holdings, Inc.

AFRM Financial Credit Services

Affirm Holdings, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $4.3 billion, up 32.2% from fiscal 2025. In the quarter to June 2026, revenue grew 33.0%, EPS grew 2,171.4%, free cash flow grew 875.0% and total debt rose 27.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

74.01 1.91 −2.52%
Market cap
$25.6B
P/E
13.0×
Fwd P/E
35.7×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Jun '17 Jun '19 Jun '20 Jun '21 Jun '22 Jun '23 Jun '24 Jun '25 Jun '26
Piotroski F-Score
— — — 2 3 2 6 6 7
P/E ratio
— 0.00 0.00 0.00 0.00 0.00 0.00 432.13 14.28
P/S ratio
— 10.19 10.19 12.25 3.77 2.85 3.98 6.92 6.41
P/FCF ratio
— 0.00 0.00 0.00 0.00 0.00 31.78 37.10 27.53
P/Operating CF
— (143.18) (143.18) (535.63) (86.07) 103.40 134.42 299.07 92.29
P/B ratio
— 0.00 0.00 4.14 1.94 1.79 3.38 7.27 4.98
Price to Tangible BV
— 0.00 0.00 5.36 2.54 2.31 4.23 8.85 5.54
EV/Sales
— 10.47 10.47 12.47 4.46 4.72 5.76 8.53 7.96
EV/EBITDA
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 79.52
EV/Operating CF
— (80.96) (80.96) (56.19) (37.10) 615.01 29.75 34.66 27.56
EV/FCF
— (69.29) (69.29) (50.86) (24.21) (68.99) 46.04 45.73 34.17
Quick Ratio
— 14.49 8.15 4.72 11.87 11.81 13.07 11.54 11.80
Current Ratio
— 14.49 8.15 4.72 11.87 11.81 13.07 11.54 11.80
Net Debt/EBITDA
— (1.61) (4.73) (0.49) (1.07) (2.61) (7.41) (83.43) 15.44
Debt/Assets
0.00% 51.02% 65.41% 39.19% 58.48% 66.19% 69.07% 70.12% 63.29%
Debt/Equity
— 1.10 (2.50) 0.74 1.56 2.13 2.41 2.55 1.82
Asset Turnover
— 0.46 0.40 0.28 0.23 0.21 0.26 0.31 0.32
Operating CF/Net income
— 0.65 0.57 0.44 0.23 (0.01) (0.87) 15.21 0.64
Capex/Depreciation
— 1.71 1.33 (3.95) 26.84 (1.90) (2.84) (7.68) (24.84)
ROE
— 42.72% 39.91% (39.94%) (27.24%) (38.25%) (19.66%) 1.80% 45.13%
ROA
— (23.43%) (9.86%) (14.07%) (11.95%) (13.03%) (5.86%) 0.50% 14.32%
ROIC
— (10.49%) (30.98%) (8.68%) (15.26%) (13.65%) (5.59%) (0.66%) 2.16%
Return on Tangible Assets
— (32.82%) (32.12%) (29.56%) (22.21%) (36.48%) (17.29%) 1.55% 47.49%
Average Days of Receivables
— 59.51 42.27 38.40 38.43 45.76 55.47 48.24 24.36
Research and Development Expense of Revenue
— 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
— 40.01% 28.71% 65.02% 82.25% 77.12% 47.43% 30.39% 21.61%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.12 0.09 0.07 0.06 0.05 0.03
Share Based Compensation of Revenue
— 12.75% 5.81% 33.60% 28.98% 28.45% 14.83% 9.97% 7.15%
Graham Net Nets
— (0.15) (0.15) (0.04) (0.21) (0.66) (0.43) (0.23) (0.24)
Graham Number
— 0.00 20.15 0.00 0.00 0.00 0.00 5.85 45.85
Earnings Yield
— (1.64%) (1.64%) (3.05%) (14.06%) (21.79%) (5.63%) 0.23% 7.00%
Free Cash Flow Yield
— (1.48%) (1.48%) (2.00%) (4.88%) (2.40%) 3.15% 2.70% 3.63%
Revenue per Share
— 5.58 10.65 5.50 4.79 5.38 7.50 9.99 12.71
Operating CF per Share
— (1.85) (1.49) (1.22) (0.58) 0.04 1.45 2.46 3.67
Capex per Share
— (0.45) (0.44) (0.13) (0.40) (0.41) (0.51) (0.60) (0.71)
Free Cash Flow per Share
— (2.30) (1.93) (1.35) (0.97) (0.37) 0.94 1.86 2.96
Cash per Share
— 7.63 6.95 10.87 11.18 8.24 7.83 8.14 10.16
Shareholders Equity per Share
— 11.29 (7.67) 16.26 9.29 8.58 8.82 9.51 16.36
Interest Debt per Share
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
— 11.29 (7.67) 16.26 9.29 8.58 8.82 9.51 16.36
Free Cash Flow
— (108.90) (92.32) (213.38) (273.90) (108.59) 290.84 601.72 992.63
Working Capital
— 376.40 343.56 1,429.32 3,013.57 2,410.78 2,567.32 2,789.47 3,377.33
Capital Expenditures
— (21.25) (21.02) (20.25) (111.70) (120.77) (159.30) (192.19) (238.35)
Net Current Asset Value
— (209.55) (1,377.76) (478.03) (1,064.63) (2,987.67) (4,007.54) (5,031.89) (6,616.28)
EV/EBIT
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 81.35
Capex to Sales
— 0.08 0.04 0.02 0.08 0.08 0.07 0.06 0.06
Price to Operating Income
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 65.55
Other line items
Depreciation/Fixed assets
— (0.37) (0.33) 0.08 (0.02) 0.22 0.13 0.04 0.01
Cash ROIC
— (7.35%) (10.46%) (3.44%) (2.78%) (1.05%) 2.48% 4.45% 5.26%
Accounts Receivable Turnover
— 5.18 9.98 11.56 11.55 9.31 8.41 8.28 11.99
Accounts Payable Turnover
— 9.29 14.01 9.87 14.23 34.25 34.17 23.79 21.67
Inventory Turnover
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
— 29.40 32.77 56.13 18.68 9.88 12.59 20.52 17.03
Days of Inventory on Hand
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
— 51.00 51.05 75.29 116.81 170.57 276.06 389.60 355.26
Average Payables
— 14.50 14.60 38.06 45.42 30.84 34.81 61.92 83.73
Average Assets
— 574.25 1,275.38 3,134.61 5,920.38 7,564.70 8,837.62 10,337.27 13,472.54
Average Common Equity
— (315.00) (315.25) 1,104.22 2,596.89 2,576.22 2,633.09 2,900.50 4,276.42

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