Affirm Holdings, Inc. (AFRM) — Financial statements
Income statement, balance sheet, and cash flow for Affirm Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,224↑38.8% | 2,323↑46.3% | 1,588↑17.7% | 1,349↑55.0% | 870 | |
| Cost of Revenue | 1,048↑24.0% | 845↓3.2% | 873↑51.5% | 576↑78.5% | 323 | |
| Gross Profit | 2,177↑47.3% | 1,478↑106.7% | 715↓7.5% | 773↑41.1% | 548 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 545↑3.8% | 525↓10.4% | 586↑1.5% | 577↑50.5% | 384 | |
| Selling & Marketing Expenses | 435↓24.6% | 576↓9.7% | 638↑19.9% | 532↑192.2% | 182 | |
| SG&A Expenses | 980↓11.1% | 1,102↓10.0% | 1,225↑10.3% | 1,110↑96.1% | 566 | |
| Other Expenses | 1,284↑29.5% | 992↑43.6% | 691↑30.6% | 529↑44.8% | 365 | |
| Operating Expenses | 2,264↑8.1% | 2,094↑9.3% | 1,916↑16.9% | 1,639↑76.0% | 931 | |
| Total Costs & Expenses | 3,312↑12.7% | 2,939↑5.4% | 2,789↑25.9% | 2,215↑76.6% | 1,254 | |
| Operating Results | ||||||
| Operating Income | -87↑85.8% | -616↑48.7% | -1,201↓38.7% | -866↓125.7% | -384 | |
| Depreciation & Amortization | 225↑33.1% | 169↑25.6% | 135↑155.4% | 53↑163.9% | 20 | |
| EBITDA | 712↑32027.8% | -2↑99.7% | -672↓11.5% | -602↓62.5% | -371 | |
| EBIT | 487↑384.3% | -171↑78.8% | -806↓23.1% | -655↓67.7% | -391 | |
| Interest & Other Income | ||||||
| Net Interest Income | -425↓23.6% | -344↓88.1% | -183↓162.6% | -70↓32.2% | -53 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 425↑23.6% | 344↑88.1% | 183↑162.6% | 70↑32.2% | 53 | |
| Non-Operating Income | -574↓29.2% | -445↓12.7% | -395↓87.1% | -211↓3111.7% | 7 | |
| Other Income / Expenses | 149↑48.3% | 100↓52.6% | 212↑49.9% | 141↑336.5% | -60 | |
| Income Before Tax | 61↑111.9% | -516↑47.9% | -989↓36.5% | -725↓63.5% | -443 | |
| Income Tax Expense | 9↑316.1% | 2↑157.2% | -4↑77.6% | -17↓643.2% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 52↑110.1% | -518↑47.5% | -985↓39.3% | -707↓60.4% | -441 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 52↑110.1% | -518↑47.5% | -985↓39.3% | -707↓60.4% | -441 | |
| Bottom-Line Net Income | 52↑110.1% | -518↑47.5% | -985↓39.3% | -707↓60.4% | -441 | |
| EPS (Basic) | 0.16↑109.6% | -1.67↑50.0% | -3.34↓33.1% | -2.51↓53.0% | -1.64 | |
| EPS (Diluted) | 0.15↑109.0% | -1.67↑50.0% | -3.34↓33.1% | -2.51↓53.0% | -1.64 | |
| Weighted Average Shares | 323↑4.2% | 310↑4.9% | 295↑4.8% | 282↑4.5% | 269 | |
| Weighted Average Diluted Shares | 341↑10.1% | 310↑4.9% | 295↑4.8% | 282↑4.5% | 269 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.