Affirm Holdings, Inc. (NASDAQ:AFRM)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $4.18B
- Net income
- $1.93B
- Net margin
- 46.1%
Heavily indebted for what it earns.
- Total debt
- $9.82B
- Cash
- $2.43B
- Net debt / EBITDA
- 5.91x
Comfortably covers what is due within a year.
- Current assets
- $2.89B
- Current liabilities
- $226.8M
- Current ratio
- 12.73
The business funds itself from operations.
- Operating cash flow
- $1.23B
- Free cash flow
- $993.1M
- FCF margin
- 23.7%
Not funding itself by issuing shares.
- Shares outstanding
- 339.1M
- Share growth (1y)
- 3.7%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
AFRM Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 1.09 B | 1.04 B | 1.12 B | 933.34 M | 876.42 M | 783.13 M |
| Revenue Growth (YoY) | 24.33 % | 32.64 % | 29.62 % | 33.62 % | 32.95 % | 35.92 % |
| Cost of Revenue | 333.60 M | 353.91 M | 343.45 M | 301.91 M | 282.94 M | 271.02 M |
| Gross Profit | 756.07 M | 684.86 M | 779.57 M | 631.42 M | 593.47 M | 512.12 M |
| SG&A Expense | 239.25 M | 218.16 M | 240.00 M | 223.43 M | 212.41 M | 208.32 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 490.79 M | 482.67 M | 661.94 M | 567.76 M | 535.41 M | 520.51 M |
| Operating Income | 265.28 M | 202.19 M | 117.63 M | 63.66 M | 58.06 M | -8.39 M |
| Pretax Income | 169.09 M | 107.38 M | 133.24 M | 83.02 M | 71.58 M | 5.34 M |
| Tax Provision | -1.45 B | 4.48 M | 3.65 M | 2.33 M | 2.34 M | 2.54 M |
| Net Income | 1.62 B | 102.90 M | 129.59 M | 80.69 M | 69.24 M | 2.80 M |
| EPS (Basic) | 4.77 | 0.31 | 0.39 | 0.24 | 0.21 | 0.01 |
| EPS (Diluted) | 4.62 | 0.30 | 0.37 | 0.23 | 0.20 | 0.01 |
| Shares Outstanding | 339.06 M | 337.14 M | 334.27 M | 330.24 M | 326.91 M | 324.05 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.