Symbols / AFRM
AFRM Chart
About
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. Its platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. 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 sporting goods and outdoors, home and lifestyle, travel and ticketing, electronics, fashion and beauty, equipment and auto, and general merchandise. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Credit Services | Market Cap | 15.95B |
| Enterprise Value | 23.32B | Income | 282.33M | Sales | 3.72B |
| Book/sh | 10.68 | Cash/sh | 4.70 | Dividend Yield | — |
| Payout | 0.00% | Employees | 2206 | IPO | — |
| P/E | 59.10 | Forward P/E | 12.83 | PEG | — |
| P/S | 4.29 | P/B | 4.48 | P/C | — |
| EV/EBITDA | 44.24 | EV/Sales | 6.28 | Quick Ratio | 10.21 |
| Current Ratio | 13.85 | Debt/Eq | 258.87 | LT Debt/Eq | — |
| EPS (ttm) | 0.81 | EPS next Y | 3.73 | EPS Growth | 59.30% |
| Revenue Growth | 29.60% | Earnings | 2026-05-07 | ROA | 1.23% |
| ROE | 8.92% | ROIC | — | Gross Margin | 47.78% |
| Oper. Margin | 10.47% | Profit Margin | 7.60% | Shs Outstand | 292.41M |
| Shs Float | 279.33M | Short Float | 5.05% | Short Ratio | 2.81 |
| Short Interest | — | 52W High | 100.00 | 52W Low | 30.90 |
| Beta | 3.58 | Avg Volume | 6.00M | Volume | 4.88M |
| Target Price | $84.48 | Recom | Buy | Prev Close | $47.13 |
| Price | $47.87 | Change | 1.57% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-20 | main | Truist Securities | Buy → Buy | $71 |
| 2026-02-20 | init | Baird | — → Neutral | $55 |
| 2026-02-09 | reit | Cantor Fitzgerald | Overweight → Overweight | $85 |
| 2026-02-09 | main | Mizuho | Outperform → Outperform | $95 |
| 2026-02-06 | main | JP Morgan | Overweight → Overweight | $79 |
| 2026-02-06 | main | RBC Capital | Sector Perform → Sector Perform | $77 |
| 2026-02-06 | main | Oppenheimer | Outperform → Outperform | $83 |
| 2026-02-06 | main | Stephens & Co. | Equal-Weight → Equal-Weight | $65 |
| 2026-02-06 | main | Needham | Buy → Buy | $85 |
| 2026-02-03 | up | Morgan Stanley | Equal-Weight → Overweight | $76 |
| 2026-01-27 | up | Needham | Hold → Buy | $100 |
| 2026-01-27 | init | Cantor Fitzgerald | — → Overweight | $85 |
| 2026-01-08 | main | TD Cowen | Buy → Buy | $110 |
| 2025-12-09 | init | Wolfe Research | — → Peer Perform | — |
| 2025-12-05 | init | Freedom Capital Markets | — → Buy | $90 |
| 2025-11-19 | main | Truist Securities | Buy → Buy | $85 |
| 2025-11-07 | main | RBC Capital | Sector Perform → Sector Perform | $87 |
| 2025-11-07 | main | B of A Securities | Buy → Buy | $98 |
| 2025-11-07 | main | Morgan Stanley | Equal-Weight → Equal-Weight | $83 |
| 2025-10-24 | main | Truist Securities | Buy → Buy | $90 |
- Visa vs. Affirm: Which Payments Stock Wins the Upside Race? - TradingView ue, 24 Feb 2026 17
- Assessing Affirm Holdings (AFRM) Valuation After Recent Share Price Weakness - simplywall.st ue, 24 Feb 2026 09
- Affirm Holdings, Inc. (AFRM) Is a Trending Stock: Facts to Know Before Betting on It - Yahoo Finance Fri, 20 Feb 2026 14
- Affirm (NASDAQ:AFRM) Stock Rating Upgraded by Robert W. Baird - MarketBeat Sat, 21 Feb 2026 11
- Truist Financial Sticks to Their Buy Rating for Affirm Holdings (AFRM) - The Globe and Mail ue, 24 Feb 2026 02
- 10 Financials Stocks Whale Activity In Today's Session - Benzinga ue, 24 Feb 2026 17
- New Analyst Forecast: $AFRM Given $55 Price Target - Quiver Quantitative Fri, 20 Feb 2026 10
- Baird Initiates Coverage of Affirm Holdings (AFRM) with Neutral Recommendation - Nasdaq Fri, 20 Feb 2026 10
- Affirm: The Stock Keeps Dropping, Free Cash Flow Jumps Higher (NASDAQ:AFRM) - Seeking Alpha ue, 17 Feb 2026 17
- Affirm execs plan March fireside chats at Morgan Stanley, Wolfe events - Stock Titan Wed, 18 Feb 2026 14
- Debit Card Growth Helps Drive Affirm Earnings, Revenue Beat - Investor's Business Daily Fri, 06 Feb 2026 08
- Affirm Holdings, Inc. (AFRM) Announces a New Deal with Lowe’s - Yahoo Finance Sat, 21 Feb 2026 11
- Affirm Holdings, Inc. $AFRM Shares Acquired by Vanguard Group Inc. - MarketBeat Fri, 20 Feb 2026 14
- Is It Too Late To Reconsider Affirm Holdings (AFRM) After Recent Share Price Volatility - simplywall.st Wed, 18 Feb 2026 09
- Affirm Holdings (AFRM) Stock Declines While Market Improves: Some Information for Investors - Yahoo Finance Mon, 12 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 20000 | 980000.0 | — | Conversion of Exercise of derivative security at price 49.00 per share. | LINFORD MICHAEL ALAN | Chief Operating Officer | — | 2026-02-09 00:00:00 | D |
| 1 | 1401 | nan | — | — | ADKINS KATHERINE ELIZABETH | Officer | — | 2026-01-30 00:00:00 | D |
| 2 | 20000 | 980000.0 | — | Conversion of Exercise of derivative security at price 49.00 per share. | LINFORD MICHAEL ALAN | Chief Operating Officer | — | 2026-01-30 00:00:00 | D |
| 3 | 2335 | nan | — | — | LINFORD MICHAEL ALAN | Chief Operating Officer | — | 2026-01-30 00:00:00 | D |
| 4 | 2335 | nan | — | — | MICHALEK LIBOR | President | — | 2026-01-30 00:00:00 | D |
| 5 | 666666 | 53747814.0 | — | Sale at price 80.52 - 81.12 per share. | LEVCHIN MAKSIM RAFAEL | Chief Executive Officer | — | 2026-01-05 00:00:00 | D |
| 6 | 666666 | 32666634.0 | — | Conversion of Exercise of derivative security at price 49.00 per share. | LEVCHIN MAKSIM RAFAEL | Chief Executive Officer | — | 2026-01-05 00:00:00 | D |
| 7 | 36401 | 2912080.0 | — | Sale at price 80.00 per share. | O'HARE ROBERT WARREN | Chief Financial Officer | — | 2026-01-05 00:00:00 | D |
| 8 | 36401 | 1012073.0 | — | Conversion of Exercise of derivative security at price 17.19 - 57.59 per share. | O'HARE ROBERT WARREN | Chief Financial Officer | — | 2026-01-05 00:00:00 | D |
| 9 | 1707 | nan | — | — | ADKINS KATHERINE ELIZABETH | Officer | — | 2025-12-31 00:00:00 | D |
Financials
| Line Item | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 27.23K | -1.42M | -143.48K | 0.00 |
| TaxRateForCalcs | 0.15 | 0.21 | 0.00 | 0.02 |
| NormalizedEBITDA | 711.81M | 4.54M | -635.73M | -602.41M |
| TotalUnusualItems | 184.00K | -6.77M | -35.87M | 0.00 |
| TotalUnusualItemsExcludingGoodwill | 184.00K | -6.77M | -35.87M | 0.00 |
| NetIncomeFromContinuingOperationNetMinorityInterest | 52.19M | -517.76M | -985.35M | -707.42M |
| ReconciledDepreciation | 225.08M | 169.04M | 134.63M | 52.72M |
| ReconciledCostOfRevenue | 1.05B | 845.11M | 873.16M | 576.46M |
| EBITDA | 711.99M | -2.23M | -671.60M | -602.41M |
| EBIT | 486.92M | -171.27M | -806.23M | -655.14M |
| NetInterestIncome | -425.45M | -344.25M | -183.01M | -69.69M |
| InterestExpense | 425.45M | 344.25M | 183.01M | 69.69M |
| NormalizedIncome | 52.03M | -512.41M | -949.62M | -707.42M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 52.19M | -517.76M | -985.35M | -707.42M |
| TotalExpenses | 2.89B | 2.59B | 2.57B | 2.15B |
| TotalOperatingIncomeAsReported | -87.27M | -615.85M | -1.20B | -866.05M |
| DilutedAverageShares | 341.02M | 309.86M | 295.34M | 281.70M |
| BasicAverageShares | 322.85M | 309.86M | 295.34M | 281.70M |
| DilutedEPS | 0.15 | -1.67 | -3.34 | -2.51 |
| BasicEPS | 0.16 | -1.67 | -3.34 | -2.51 |
| DilutedNIAvailtoComStockholders | 52.19M | -517.76M | -985.35M | -707.42M |
| NetIncomeCommonStockholders | 52.19M | -517.76M | -985.35M | -707.42M |
| OtherunderPreferredStockDividend | 0.00 | 0.00 | ||
| NetIncome | 52.19M | -517.76M | -985.35M | -707.42M |
| NetIncomeIncludingNoncontrollingInterests | 52.19M | -517.76M | -985.35M | -707.42M |
| NetIncomeContinuousOperations | 52.19M | -517.76M | -985.35M | -707.42M |
| TaxProvision | 9.28M | 2.23M | -3.90M | -17.41M |
| PretaxIncome | 61.46M | -515.53M | -989.25M | -724.83M |
| OtherIncomeExpense | 148.92M | 93.55M | 175.75M | 141.22M |
| OtherNonOperatingIncomeExpenses | 148.74M | 100.32M | 211.62M | 141.22M |
| SpecialIncomeCharges | 184.00K | -6.77M | -35.87M | 0.00 |
| RestructuringAndMergernAcquisition | -184.00K | 6.77M | 35.87M | 0.00 |
| NetNonOperatingInterestIncomeExpense | -425.45M | -344.25M | -183.01M | -69.69M |
| TotalOtherFinanceCost | 69.69M | 52.70M | ||
| InterestExpenseNonOperating | 425.45M | 344.25M | 183.01M | 69.69M |
| OperatingIncome | 337.99M | -264.83M | -981.98M | -796.35M |
| OperatingExpense | 1.84B | 1.74B | 1.70B | 1.57B |
| OtherOperatingExpenses | 242.26M | 180.40M | 140.26M | 204.08M |
| ProvisionForDoubtfulAccounts | 616.68M | 460.63M | 331.86M | 255.27M |
| SellingGeneralAndAdministration | 979.90M | 1.10B | 1.22B | 1.11B |
| SellingAndMarketingExpense | 434.85M | 576.40M | 638.28M | 532.34M |
| GeneralAndAdministrativeExpense | 545.05M | 525.29M | 586.40M | 577.49M |
| OtherGandA | 545.05M | 525.29M | 586.40M | 577.49M |
| GrossProfit | 2.18B | 1.48B | 714.82M | 772.84M |
| CostOfRevenue | 1.05B | 845.11M | 873.16M | 576.46M |
| TotalRevenue | 3.22B | 2.32B | 1.59B | 1.35B |
| OperatingRevenue | 3.22B | 2.32B | 1.59B | 1.35B |
| Line Item | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| OrdinarySharesNumber | 325.11M | 311.05M | 296.85M | 287.37M |
| ShareIssued | 325.11M | 311.05M | 296.85M | 287.37M |
| NetDebt | 6.47B | 5.56B | 4.51B | 2.82B |
| TotalDebt | 7.85B | 6.61B | 5.45B | 4.14B |
| TangibleBookValue | 2.52B | 2.19B | 1.96B | 2.00B |
| InvestedCapital | 10.89B | 9.31B | 7.93B | 6.70B |
| WorkingCapital | 9.58B | 8.08B | 6.81B | 5.57B |
| NetTangibleAssets | 2.52B | 2.19B | 1.96B | 2.00B |
| CapitalLeaseObligations | 31.94M | 39.49M | 52.56M | 65.71M |
| CommonStockEquity | 3.07B | 2.73B | 2.53B | 2.62B |
| TotalCapitalization | 10.89B | 9.31B | 7.93B | 6.70B |
| TotalEquityGrossMinorityInterest | 3.07B | 2.73B | 2.53B | 2.62B |
| StockholdersEquity | 3.07B | 2.73B | 2.53B | 2.62B |
| GainsLossesNotAffectingRetainedEarnings | -15.07M | -21.57M | -15.42M | -7.15M |
| OtherEquityAdjustments | -15.07M | -21.57M | -15.42M | -7.15M |
| RetainedEarnings | -3.06B | -3.11B | -2.59B | -1.61B |
| AdditionalPaidInCapital | 6.14B | 5.86B | 5.14B | 4.23B |
| CapitalStock | 3.00K | 3.00K | 3.00K | 3.00K |
| CommonStock | 3.00K | 3.00K | 3.00K | 3.00K |
| TotalLiabilitiesNetMinorityInterest | 8.09B | 6.79B | 5.62B | 4.36B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 7.91B | 6.66B | 5.53B | 4.25B |
| OtherNonCurrentLiabilities | 49.73M | 30.68M | 24.36M | 48.76M |
| PreferredSecuritiesOutsideStockEquity | 0.00 | |||
| DerivativeProductLiabilities | 2.79M | 17.64M | 53.27M | 55.78M |
| NonCurrentDeferredLiabilities | 0.00 | |||
| LongTermDebtAndCapitalLeaseObligation | 7.85B | 6.61B | 5.45B | 4.14B |
| LongTermCapitalLeaseObligation | 31.94M | 39.49M | 52.56M | 65.71M |
| LongTermDebt | 7.82B | 6.57B | 5.40B | 4.08B |
| CurrentLiabilities | 180.10M | 124.96M | 92.80M | 107.07M |
| OtherCurrentLiabilities | 53.27M | 55.78M | ||
| PayablesAndAccruedExpenses | 180.10M | 124.96M | 92.80M | 107.07M |
| CurrentAccruedExpenses | 97.28M | 83.94M | 64.20M | 74.00M |
| InterestPayable | 24.46M | 24.33M | 13.50M | 6.66M |
| Payables | 82.82M | 41.02M | 28.60M | 33.07M |
| AccountsPayable | 82.82M | 41.02M | 28.60M | 33.07M |
| TotalAssets | 11.15B | 9.52B | 8.16B | 6.97B |
| TotalNonCurrentAssets | 1.40B | 1.31B | 1.26B | 1.30B |
| OtherNonCurrentAssets | 200.61M | 202.20M | 241.95M | 363.44M |
| NonCurrentDeferredAssets | 13.93M | 21.21M | 23.27M | |
| NonCurrentDeferredTaxesAssets | 13.93M | 21.21M | 23.27M | |
| FinancialAssets | 2.64M | 17.21M | 50.55M | 49.98M |
| InvestmentsAndAdvances | 40.28M | 73.01M | 43.17M | 43.17M |
| OtherInvestments | 11.28M | |||
| InvestmentinFinancialAssets | 40.28M | 73.01M | 43.17M | 43.17M |
| AvailableForSaleSecurities | 40.28M | 73.01M | 43.17M | 43.17M |
| GoodwillAndOtherIntangibleAssets | 547.09M | 546.94M | 577.00M | 618.48M |
| OtherIntangibleAssets | 12.94M | 13.50M | 34.43M | 78.94M |
| Goodwill | 534.16M | 533.44M | 542.57M | 539.53M |
| NetPPE | 591.76M | 449.55M | 320.31M | 222.15M |
| AccumulatedDepreciation | -455.31M | -242.21M | -124.07M | -60.34M |
| GrossPPE | 1.05B | 691.75M | 444.38M | 282.49M |
| Leases | 21.99M | 21.02M | 20.21M | 16.17M |
| OtherProperties | 19.12M | 21.86M | 30.17M | 50.67M |
| MachineryFurnitureEquipment | 1.01B | 648.87M | 393.99M | 215.65M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 9.76B | 8.21B | 6.90B | 5.68B |
| AssetsHeldForSaleCurrent | 0.00 | 36.00K | 76.00K | 2.67M |
| RestrictedCash | 401.97M | 282.29M | 367.92M | 295.64M |
| PrepaidAssets | 72.22M | 50.19M | 49.96M | 37.50M |
| Receivables | 7.06B | 5.73B | 4.41B | 2.49B |
| OtherReceivables | 3.77M | 18.26M | 17.21M | 17.22M |
| NotesReceivable | 16.17M | |||
| LoansReceivable | 6.63B | 5.36B | 4.20B | 2.35B |
| AccountsReceivable | 426.18M | 353.03M | 199.09M | 142.05M |
| AllowanceForDoubtfulAccountsReceivable | -18.80M | -14.90M | -12.90M | -13.90M |
| GrossAccountsReceivable | 444.98M | 367.93M | 211.99M | 155.95M |
| CashCashEquivalentsAndShortTermInvestments | 2.23B | 2.14B | 2.07B | 2.85B |
| OtherShortTermInvestments | 871.42M | 1.13B | 1.17B | 1.60B |
| CashAndCashEquivalents | 1.35B | 1.01B | 892.03M | 1.26B |
| Line Item | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| FreeCashFlow | 601.72M | 290.84M | -108.59M | -273.90M |
| RepurchaseOfCapitalStock | -250.00M | 0.00 | -109.00K | -86.00K |
| RepaymentOfDebt | -22.29B | -13.83B | -6.41B | -4.64B |
| IssuanceOfDebt | 24.59B | 14.99B | 8.04B | 6.80B |
| IssuanceOfCapitalStock | 0.00 | 0.00 | 1.74B | |
| CapitalExpenditure | -192.19M | -159.30M | -120.78M | -111.70M |
| InterestPaidSupplementalData | 404.38M | 318.24M | 163.19M | 51.52M |
| IncomeTaxPaidSupplementalData | 2.74M | 1.19M | 808.00K | 220.00K |
| EndCashPosition | 1.76B | 1.30B | 1.26B | 1.55B |
| BeginningCashPosition | 1.30B | 1.26B | 1.55B | 1.69B |
| EffectOfExchangeRateChanges | -1.25M | -2.68M | 81.00K | -5.41M |
| ChangesInCash | 462.27M | 38.14M | -290.94M | -136.41M |
| FinancingCashFlow | 751.42M | 913.15M | 1.35B | 2.04B |
| CashFlowFromContinuingFinancingActivities | 751.42M | 913.15M | 1.35B | 2.04B |
| NetOtherFinancingCharges | -1.37B | -280.03M | -302.86M | -198.93M |
| ProceedsFromStockOptionExercised | 60.69M | 33.12M | 15.77M | 73.91M |
| NetPreferredStockIssuance | 0.00 | 0.00 | 434.53M | |
| PreferredStockPayments | 0.00 | 0.00 | -13.00K | |
| PreferredStockIssuance | 0.00 | 0.00 | 434.54M | |
| NetCommonStockIssuance | -250.00M | 0.00 | -109.00K | -86.00K |
| CommonStockPayments | -250.00M | 0.00 | -109.00K | -86.00K |
| CommonStockIssuance | 0.00 | 0.00 | 1.31B | |
| NetIssuancePaymentsOfDebt | 2.31B | 1.16B | 1.64B | 2.16B |
| NetLongTermDebtIssuance | 2.31B | 1.16B | 1.64B | 2.16B |
| LongTermDebtPayments | -22.29B | -13.83B | -6.41B | -4.64B |
| LongTermDebtIssuance | 24.59B | 14.99B | 8.04B | 6.80B |
| InvestingCashFlow | -1.08B | -1.33B | -1.65B | -2.01B |
| CashFlowFromContinuingInvestingActivities | -1.08B | -1.33B | -1.65B | -2.01B |
| NetOtherInvestingChanges | -1.28B | -1.32B | -1.97B | -363.29M |
| NetInvestmentPurchaseAndSale | 391.89M | 150.87M | 455.35M | -1.53B |
| SaleOfInvestment | 1.22B | 1.14B | 1.54B | 311.04M |
| PurchaseOfInvestment | -823.89M | -986.07M | -1.08B | -1.84B |
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | -16.05M | -6.00M |
| PurchaseOfBusiness | 0.00 | 0.00 | -16.05M | -6.00M |
| NetIntangiblesPurchaseAndSale | 0.00 | 0.00 | -25.41M | 0.00 |
| PurchaseOfIntangibles | 0.00 | 0.00 | -25.41M | 0.00 |
| NetPPEPurchaseAndSale | -192.19M | -159.30M | -120.78M | -86.29M |
| PurchaseOfPPE | -192.19M | -159.30M | -120.78M | -86.29M |
| OperatingCashFlow | 793.91M | 450.14M | 12.18M | -162.19M |
| CashFlowFromContinuingOperatingActivities | 793.91M | 450.14M | 12.18M | -162.19M |
| ChangeInWorkingCapital | -49.83M | -62.35M | -134.97M | -9.91M |
| ChangeInOtherCurrentAssets | -12.18M | 31.23M | -14.47M | -15.02M |
| ChangeInPayablesAndAccruedExpense | 47.30M | 74.18M | -52.82M | 67.81M |
| ChangeInAccruedExpense | -46.56M | -44.03M | -30.25M | 71.20M |
| ChangeInInterestPayable | 2.39M | 11.14M | 7.92M | 3.91M |
| ChangeInPayable | 93.86M | 118.21M | -22.57M | -3.38M |
| ChangeInAccountPayable | 41.80M | 12.42M | -5.04M | -24.69M |
| ChangeInReceivables | -84.95M | -167.76M | -67.69M | -62.70M |
| ChangesInAccountReceivables | -84.95M | -167.76M | -67.69M | -62.70M |
| OtherNonCashItems | -516.75M | -315.96M | -82.98M | -401.08M |
| StockBasedCompensation | 321.43M | 344.51M | 451.71M | 390.98M |
| ProvisionandWriteOffofAssets | 616.68M | 460.63M | 331.86M | 255.27M |
| AssetImpairmentCharge | 0.00 | 752.00K | 1.24M | 362.00K |
| AmortizationOfSecurities | -44.03M | -22.80M | -36.06M | 2.19M |
| DepreciationAmortizationDepletion | 225.08M | 169.04M | 134.63M | 52.72M |
| DepreciationAndAmortization | 225.08M | 169.04M | 134.63M | 52.72M |
| OperatingGainsLosses | 189.14M | 394.08M | 332.09M | 254.68M |
| GainLossOnInvestmentSecurities | 271.56M | 406.71M | 421.93M | 254.68M |
| NetIncomeFromContinuingOperations | 52.19M | -517.76M | -985.35M | -707.42M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for AFRM
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|