Saturday 17 October 2026 Export AFRM’s income statement to Excel — free account

Affirm Holdings, Inc.

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%

Follow AFRM

Alert me

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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 89.42

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	2	—	—	1	1	1	—	2	4	1

Insider Ownership 15.31%

Capital & Financial Ratios $m

Market Cap 25,620.00

Revenue 4,261.08

Net Income 1,929.79

Free Cash Flow 992.63

Net Debt 6,587.93

Current Ratio 11.80

Debt/Equity 1.82

P/E ratio 12.96

Fwd P/E 35.70

P/S ratio 5.82

P/B ratio 4.52

Past 5Y EPS Growth —

This Y EPS Growth (64.01%)

Next Y EPS Growth 45.77%

Next Y revenue growth 28.89%

Next 5Y EPS Growth (10.75%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 47.62%

10-year low 10-year high

P/B against its own 10 years 48.78%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	2,435	2,427	2,628	3,406
Receivables	199	353	426	284
Inventory	—	—	—	—
Other	—	—	—	—
	2,634	2,780	3,054	3,690

	2023	2024	2025	2026
Payables	29	41	83	85
ST’ Debt	—	—	—	—
Other	—	—	—	—
	223	213	265	313

Compound Annual Growth %

	10y	5y	3y
Sales	—	37.39%	38.96%
Cash Flow	—	0.00%	365.79%
Earnings	—	0.00%	0.00%
Book Value	—	16.32%	29.34%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	933	1,123	1,039	1,166	4,261
’25	698	866	783	876	3,224
’24	497	591	576	659	2,323
’23	362	400	381	446	1,588
’22	269	361	355	364	1,349
’21	174	204	231	262	870

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	375	174	387	296	1,231
’25	197	312	210	75	794
’24	99	74	208	69	450
’23	51	(29)	(54)	44	12
’22	365	(440)	(28)	(59)	(162)
’21	(2)	(48)	(123)	(20)	(193)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	320	118	325	229	993
’25	153	268	157	24	602
’24	63	36	162	31	291
’23	20	(63)	(85)	19	(109)
’22	349	(462)	(49)	(86)	(274)
’21	(6)	(51)	(129)	(28)	(213)

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	0.23	0.37	0.30	4.62	5.53
’25	(0.31)	0.23	0.01	0.20	0.15
’24	(0.57)	(0.54)	(0.43)	(0.14)	(1.67)
’23	(0.86)	(1.10)	(0.69)	(0.69)	(3.34)
’22	(1.13)	(0.57)	(0.19)	(0.65)	(2.51)
’21	(0.06)	(0.45)	(1.06)	(0.48)	(2.88)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	46.50	8.62	8.80	22.25	30.90	42.10	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	176.65	102.21	52.48	73.34	100.00	90.44
People
People	Employees	—	—	—	916	1,641	2,552	2,171	2,006	2,206	2,358
	Revenue/emp, $m	—	—	0.00	0.56	0.53	0.53	0.73	1.16	1.46	1.81
Income, $m
Income, $m	Revenue	—	—	264	510	870	1,349	1,588	2,323	3,224	4,261
	Gross margin, %	—	—	49.07	59.86	56.85	52.11	33.49	48.80	54.32	57.41
	EBT	—	—	(120)	(112)	(443)	(725)	(989)	(516)	61	493
	EBT margin, %	—	—	(45.55)	(22.02)	(50.93)	(53.72)	(62.30)	(22.19)	1.91	11.56
	Net income	0	—	(120)	(113)	(441)	(707)	(985)	(518)	52	1,930
	Depreciation	—	—	(12)	(16)	5	(4)	64	56	25	10
Per share, $
Per share, $	Revenue	—	—	5.58	10.65	5.50	4.79	5.38	7.50	9.99	12.71
	Earnings	—	—	(2.54)	(2.35)	(2.72)	(2.51)	(3.34)	(1.67)	0.16	5.76
	Cash flow	—	—	(1.85)	(1.49)	(1.22)	(0.58)	0.04	1.45	2.46	3.67
	Capex	—	—	(0.45)	(0.44)	(0.13)	(0.40)	(0.41)	(0.51)	(0.60)	(0.71)
	Free cash flow	—	—	(2.30)	(1.93)	(1.35)	(0.97)	(0.37)	0.94	1.86	2.96
	Book value	—	—	11.29	(7.67)	16.26	9.29	8.58	8.82	9.51	16.36
	Shares, m	—	—	47	48	158	282	295	310	323	335
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	432.13	14.28
	P/S	—	—	10.19	10.19	12.25	3.77	2.85	3.98	6.92	6.41
	P/B	—	—	0.00	0.00	4.14	1.94	1.79	3.38	7.27	4.98
	EV/Sales	—	—	10.47	10.47	12.47	4.46	4.72	5.76	8.53	7.96
	EV/FCF	—	—	(69.29)	(69.29)	(50.86)	(24.21)	(68.99)	46.04	45.73	34.17
Cash, $m
Cash, $m	Operating cash flow	—	—	(88)	(71)	(193)	(162)	12	450	794	1,231
	Capex	—	—	(21)	(21)	(20)	(112)	(121)	(159)	(192)	(238)
	Free cash flow	—	—	(109)	(92)	(213)	(274)	(109)	291	602	993
Balance, $m
Balance, $m	Working capital	—	—	376	344	1,429	3,014	2,411	2,567	2,789	3,377
	Total debt	—	—	586	917	1,907	4,078	5,398	6,575	7,821	9,994
	Net debt	—	—	225	585	186	929	2,964	4,148	5,194	6,588
	Shareholders’ equity	—	—	535	(367)	2,576	2,618	2,534	2,732	3,069	5,484
Returns, %
Returns, %	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
	ROE	—	—	42.72	39.91	(39.94)	(27.24)	(38.25)	(19.66)	1.80	45.13

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
COF Capital One Financial Corporation	$122.0B	12.5×	11.6×	+21.66% (above 0%: growing)	n/m	+42.53% (above 0%: growing)	79.80%	0.00%	Compare
PYPL PayPal Holdings, Inc.	$48.9B	10.6×	8.1×	+4.75% (above 0%: growing)	−3.08% (below 0%: shrinking)	+157.72% (above 0%: growing)	39.60%	16.44%	Compare
AFRM Affirm Holdings, Inc.	$25.6B	13.0×	35.7×	+33.04% (above 0%: growing)	+2,171.43% (above 0%: growing)	+875.00% (above 0%: growing)	58.84%	12.63%
SYF Synchrony Financial	$24.1B	7.5×	7.6×	+0.28% (above 0%: growing)	+3.98% (above 0%: growing)	−5.47% (below 0%: shrinking)	82.95%	0.00%	Compare
SOFI SoFi Technologies, Inc.	$19.5B	28.5×	26.8×	+39.09% (above 0%: growing)	+33.33% (above 0%: growing)	−160.17% (below 0%: shrinking)	77.57%	0.00%	Compare
ALLY Ally Financial Inc.	$11.5B	8.8×	8.4×	+4.52% (above 0%: growing)	+13.33% (above 0%: growing)	+42.87% (above 0%: growing)	62.82%	0.00%	Compare
FCFS FirstCash Holdings, Inc.	$9.4B	24.6×	22.4×	+29.38% (above 0%: growing)	+58.21% (above 0%: growing)	+80.67% (above 0%: growing)	49.66%	14.92%	Compare
OMF OneMain Holdings, Inc.	$6.4B	8.4×	7.6×	+7.19% (above 0%: growing)	−5.71% (below 0%: shrinking)	+3.36% (above 0%: growing)	79.93%	0.00%	Compare
CACC Credit Acceptance Corporation	$5.7B	11.7×	10.5×	+0.62% (above 0%: growing)	+71.79% (above 0%: growing)	+120.88% (above 0%: growing)	100.00%	50.07%	Compare
Median of peers	$15.5B	11.2×	9.5×	+5.97%	+13.33%	+42.70%	78.69%	0.00%

All 55 Credit Services stocks →

Affirm Holdings, Inc. (AFRM) key facts

Strength: Affirm Holdings, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $4.3 billion, up 32.2% from fiscal 2025.
Affirm Holdings, Inc. (AFRM) is a Credit Services company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, AFRM traded at $74.01, a market capitalization of $25.6 billion.
Return on equity was 45.1% and debt-to-equity 1.82.
Its Piotroski F-score is 7 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.