Symbols / AFRM Stock $66.58 +3.07% Affirm Holdings, Inc.

Financial Services • Credit Services • United States • NMS
AFRM (Stock) Chart
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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.

Stock Fundamentals
Scroll to Statements
Market Cap 22.18B Enterprise Value 29.80B Income 282.33M Sales 3.72B Book/sh 10.68 Cash/sh 4.70
Dividend Yield — Payout 0.00% Employees 2206 IPO — P/E 82.20 Forward P/E 17.71
PEG 0.81 P/S 5.97 P/B 6.24 P/C — EV/EBITDA 56.53 EV/Sales 8.02
Quick Ratio 10.21 Current Ratio 13.85 Debt/Eq 258.87 LT Debt/Eq — EPS (ttm) 0.81 EPS next Y 3.76
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 279.34M Short Float 5.90%
Short Ratio 3.03 Short Interest — 52W High 100.00 52W Low 42.09 Beta 3.63 Avg Volume 6.52M
Volume 3.00M Target Price $78.23 Recom Buy Prev Close $64.60 Price $66.58 Change 3.07%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$78.23
Mean price target
2. Current target
$66.58
Latest analyst target
3. DCF / Fair value
$28.16
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$66.58
Low
$53.00
High
$100.00
Mean
$78.23

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-21 main Evercore ISI Group Outperform → Outperformer $90
2026-04-21 main Cantor Fitzgerald Overweight → Overweight $80
2026-04-17 main Citizens Market Outperform → Market Outperform $85
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
News
RSS: Latest AFRM news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-14 WATSON NOEL BERTRAM JR Director — 2,000 $55.00 $110,000
2026-04-02 QUARLES CHRISTA S. Director — 60,445 — —
2026-04-01 LINFORD MICHAEL ALAN Chief Operating Officer — 2,335 — —
2026-04-01 MICHALEK LIBOR President — 2,335 — —
2026-04-01 ADKINS KATHERINE ELIZABETH Officer — 1,401 — —
2026-02-27 O'HARE ROBERT WARREN Chief Financial Officer — 18,430 — —
2026-02-27 LINFORD MICHAEL ALAN Chief Operating Officer — 11,717 — —
2026-02-27 MICHALEK LIBOR President — 11,362 — —
2026-02-27 JIYANE SIPHELELE N Officer — 11,547 — —
2026-02-27 ADKINS KATHERINE ELIZABETH Officer — 10,593 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total Revenue
3,224.41
+38.80%
2,323.00
+46.29%
1,587.98
+17.69%
1,349.29
Operating Revenue
3,224.41
+38.80%
2,323.00
+46.29%
1,587.98
+17.69%
1,349.29
Cost Of Revenue
1,047.57
+23.96%
845.11
-3.21%
873.16
+51.47%
576.46
Reconciled Cost Of Revenue
1,047.57
+23.96%
845.11
-3.21%
873.16
+51.47%
576.46
Gross Profit
2,176.84
+47.29%
1,477.89
+106.75%
714.82
-7.51%
772.84
Operating Expense
1,838.85
+5.52%
1,742.72
+2.71%
1,696.80
+8.13%
1,569.19
Selling General And Administration
979.90
-11.06%
1,101.70
-10.04%
1,224.68
+10.35%
1,109.84
Selling And Marketing Expense
434.85
-24.56%
576.40
-9.69%
638.28
+19.90%
532.34
General And Administrative Expense
545.05
+3.76%
525.29
-10.42%
586.40
+1.54%
577.49
Other Gand A
545.05
+3.76%
525.29
-10.42%
586.40
+1.54%
577.49
Other Operating Expenses
242.26
+34.30%
180.40
+28.61%
140.26
-31.27%
204.08
Total Expenses
2,886.42
+11.54%
2,587.82
+0.69%
2,569.96
+19.78%
2,145.65
Operating Income
337.99
+227.63%
-264.83
+73.03%
-981.98
-23.31%
-796.35
Total Operating Income As Reported
-87.27
+85.83%
-615.85
+48.72%
-1,200.86
-38.66%
-866.05
EBITDA
711.99
+32027.85%
-2.23
+99.67%
-671.60
-11.48%
-602.41
Normalized EBITDA
711.81
+15585.48%
4.54
+100.71%
-635.73
-5.53%
-602.41
Reconciled Depreciation
225.08
+33.15%
169.04
+25.56%
134.63
+155.37%
52.72
EBIT
486.92
+384.29%
-171.27
+78.76%
-806.23
-23.06%
-655.14
Total Unusual Items
0.18
+102.72%
-6.77
+81.13%
-35.87
0.00
Total Unusual Items Excluding Goodwill
0.18
+102.72%
-6.77
+81.13%
-35.87
0.00
Special Income Charges
0.18
+102.72%
-6.77
+81.13%
-35.87
0.00
Restructuring And Mergern Acquisition
-0.18
-102.72%
6.77
-81.13%
35.87
0.00
Net Income
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Pretax Income
61.46
+111.92%
-515.53
+47.89%
-989.25
-36.48%
-724.83
Net Non Operating Interest Income Expense
-425.45
-23.59%
-344.25
-88.10%
-183.01
-162.60%
-69.69
Interest Expense Non Operating
425.45
+23.59%
344.25
+88.10%
183.01
+162.60%
69.69
Net Interest Income
-425.45
-23.59%
-344.25
-88.10%
-183.01
-162.60%
-69.69
Interest Expense
425.45
+23.59%
344.25
+88.10%
183.01
+162.60%
69.69
Other Income Expense
148.92
+59.19%
93.55
-46.77%
175.75
+24.45%
141.22
Other Non Operating Income Expenses
148.74
+48.26%
100.32
-52.59%
211.62
+49.85%
141.22
Tax Provision
9.28
+316.10%
2.23
+157.18%
-3.90
+77.60%
-17.41
Tax Rate For Calcs
0.00
-29.52%
0.00
+5150.00%
0.00
-83.33%
0.00
Tax Effect Of Unusual Items
0.03
+101.92%
-1.42
-890.58%
-0.14
0.00
Net Income Including Noncontrolling Interests
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Net Income From Continuing Operation Net Minority Interest
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Net Income From Continuing And Discontinued Operation
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Net Income Continuous Operations
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Normalized Income
52.03
+110.15%
-512.41
+46.04%
-949.62
-34.24%
-707.42
Net Income Common Stockholders
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Otherunder Preferred Stock Dividend
—
—
—
0.00
Diluted EPS
0.15
+108.98%
-1.67
+50.00%
-3.34
-33.07%
-2.51
Basic EPS
0.16
+109.58%
-1.67
+50.00%
-3.34
-33.07%
-2.51
Basic Average Shares
322.85
+4.19%
309.86
+4.91%
295.34
+4.84%
281.70
Diluted Average Shares
341.02
+10.06%
309.86
+4.91%
295.34
+4.84%
281.70
Diluted NI Availto Com Stockholders
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Provision For Doubtful Accounts
616.68
+33.88%
460.63
+38.80%
331.86
+30.00%
255.27
Total Other Finance Cost
—
—
—
69.69
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total Assets
11,154.93
+17.18%
9,519.62
+16.72%
8,155.61
+16.95%
6,973.79
Current Assets
9,758.62
+18.87%
8,209.51
+18.99%
6,899.36
+21.54%
5,676.57
Cash Cash Equivalents And Short Term Investments
2,225.88
+3.78%
2,144.73
+3.78%
2,066.68
-27.50%
2,850.54
Cash And Cash Equivalents
1,354.45
+33.69%
1,013.11
+13.57%
892.03
-28.93%
1,255.17
Other Short Term Investments
871.42
-22.99%
1,131.63
-3.66%
1,174.65
-26.37%
1,595.37
Receivables
7,058.55
+23.14%
5,732.25
+29.84%
4,414.73
+77.28%
2,490.22
Accounts Receivable
426.18
+20.72%
353.03
+77.33%
199.09
+40.15%
142.05
Gross Accounts Receivable
444.98
+20.94%
367.93
+73.56%
211.99
+35.93%
155.95
Allowance For Doubtful Accounts Receivable
-18.80
-26.17%
-14.90
-15.50%
-12.90
+7.19%
-13.90
Other Receivables
3.77
-79.35%
18.26
+6.09%
17.21
-0.04%
17.22
Loans Receivable
6,628.61
+23.65%
5,360.96
+27.69%
4,198.43
+78.80%
2,348.17
Prepaid Assets
72.22
+43.87%
50.19
+0.46%
49.96
+33.24%
37.50
Restricted Cash
401.97
+42.39%
282.29
-23.27%
367.92
+24.45%
295.64
Assets Held For Sale Current
0.00
-100.00%
0.04
-52.63%
0.08
-97.15%
2.67
Total Non Current Assets
1,396.31
+6.58%
1,310.11
+4.29%
1,256.25
-3.16%
1,297.22
Net PPE
591.76
+31.63%
449.55
+40.35%
320.31
+44.18%
222.15
Gross PPE
1,047.08
+51.37%
691.75
+55.67%
444.38
+57.31%
282.49
Accumulated Depreciation
-455.31
-87.99%
-242.21
-95.22%
-124.07
-105.62%
-60.34
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
1,005.96
+55.03%
648.87
+64.69%
393.99
+82.70%
215.65
Other Properties
19.12
-12.53%
21.86
-27.54%
30.17
-40.46%
50.67
Leases
21.99
+4.60%
21.02
+4.00%
20.21
+25.02%
16.17
Goodwill And Other Intangible Assets
547.09
+0.03%
546.94
-5.21%
577.00
-6.71%
618.48
Goodwill
534.16
+0.13%
533.44
-1.68%
542.57
+0.56%
539.53
Other Intangible Assets
12.94
-4.20%
13.50
-60.79%
34.43
-56.38%
78.94
Investments And Advances
40.28
-44.83%
73.01
+69.11%
43.17
+0.00%
43.17
Other Investments
—
—
—
—
Non Current Deferred Assets
13.93
-34.32%
21.21
-8.87%
23.27
—
Non Current Deferred Taxes Assets
13.93
-34.32%
21.21
-8.87%
23.27
—
Other Non Current Assets
200.61
-0.79%
202.20
-16.43%
241.95
-33.43%
363.44
Total Liabilities Net Minority Interest
8,085.92
+19.13%
6,787.63
+20.75%
5,621.43
+29.06%
4,355.54
Current Liabilities
180.10
+44.13%
124.96
+34.65%
92.80
-13.33%
107.07
Payables And Accrued Expenses
180.10
+44.13%
124.96
+34.65%
92.80
-13.33%
107.07
Payables
82.82
+101.91%
41.02
+43.41%
28.60
-13.52%
33.07
Accounts Payable
82.82
+101.91%
41.02
+43.41%
28.60
-13.52%
33.07
Current Accrued Expenses
97.28
+15.89%
83.94
+30.74%
64.20
-13.24%
74.00
Other Current Liabilities
—
—
53.27
-4.50%
55.78
Total Non Current Liabilities Net Minority Interest
7,905.82
+18.66%
6,662.67
+20.51%
5,528.63
+30.13%
4,248.46
Long Term Debt And Capital Lease Obligation
7,853.31
+18.73%
6,614.35
+21.34%
5,451.01
+31.54%
4,143.92
Long Term Debt
7,821.36
+18.96%
6,574.85
+21.79%
5,398.45
+32.37%
4,078.21
Long Term Capital Lease Obligation
31.94
-19.12%
39.49
-24.86%
52.56
-20.02%
65.71
Non Current Deferred Liabilities
—
—
—
—
Other Non Current Liabilities
49.73
+62.09%
30.68
+25.97%
24.36
-50.05%
48.76
Preferred Securities Outside Stock Equity
—
—
—
—
Stockholders Equity
3,069.01
+12.34%
2,731.99
+7.81%
2,534.18
-3.21%
2,618.26
Common Stock Equity
3,069.01
+12.34%
2,731.99
+7.81%
2,534.18
-3.21%
2,618.26
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
325.11
+4.52%
311.05
+4.79%
296.85
+3.30%
287.37
Ordinary Shares Number
325.11
+4.52%
311.05
+4.79%
296.85
+3.30%
287.37
Additional Paid In Capital
6,140.89
+4.75%
5,862.56
+14.04%
5,140.85
+21.50%
4,231.30
Retained Earnings
-3,056.82
+1.68%
-3,109.00
-19.98%
-2,591.25
-61.36%
-1,605.90
Gains Losses Not Affecting Retained Earnings
-15.07
+30.12%
-21.57
-39.82%
-15.42
-115.74%
-7.15
Other Equity Adjustments
-15.07
+30.12%
-21.57
-39.82%
-15.42
-115.74%
-7.15
Total Equity Gross Minority Interest
3,069.01
+12.34%
2,731.99
+7.81%
2,534.18
-3.21%
2,618.26
Total Capitalization
10,890.37
+17.01%
9,306.84
+17.32%
7,932.63
+18.46%
6,696.46
Working Capital
9,578.52
+18.48%
8,084.55
+18.78%
6,806.56
+22.21%
5,569.49
Invested Capital
10,890.37
+17.01%
9,306.84
+17.32%
7,932.63
+18.46%
6,696.46
Total Debt
7,853.31
+18.73%
6,614.35
+21.34%
5,451.01
+31.54%
4,143.92
Net Debt
6,466.91
+16.27%
5,561.75
+23.42%
4,506.42
+59.63%
2,823.04
Capital Lease Obligations
31.94
-19.12%
39.49
-24.86%
52.56
-20.02%
65.71
Net Tangible Assets
2,521.92
+15.42%
2,185.05
+11.64%
1,957.18
-2.13%
1,999.78
Tangible Book Value
2,521.92
+15.42%
2,185.05
+11.64%
1,957.18
-2.13%
1,999.78
Available For Sale Securities
40.28
-44.83%
73.01
+69.11%
43.17
+0.00%
43.17
Derivative Product Liabilities
2.79
-84.20%
17.64
-66.88%
53.27
-4.50%
55.78
Financial Assets
2.64
-84.63%
17.21
-65.96%
50.55
+1.12%
49.98
Interest Payable
24.46
+0.57%
24.33
+80.23%
13.50
+102.70%
6.66
Investmentin Financial Assets
40.28
-44.83%
73.01
+69.11%
43.17
+0.00%
43.17
Notes Receivable
—
—
—
—
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Cash Flow
793.91
+76.37%
450.14
+3595.41%
12.18
+107.51%
-162.19
Cash Flow From Continuing Operating Activities
793.91
+76.37%
450.14
+3595.41%
12.18
+107.51%
-162.19
Net Income From Continuing Operations
52.19
+110.08%
-517.76
+47.45%
-985.35
-39.29%
-707.42
Depreciation Amortization Depletion
225.08
+33.15%
169.04
+25.56%
134.63
+155.37%
52.72
Depreciation And Amortization
225.08
+33.15%
169.04
+25.56%
134.63
+155.37%
52.72
Other Non Cash Items
-516.75
-63.55%
-315.96
-280.78%
-82.98
+79.31%
-401.08
Stock Based Compensation
321.43
-6.70%
344.51
-23.73%
451.71
+15.53%
390.98
Provisionand Write Offof Assets
616.68
+33.88%
460.63
+38.80%
331.86
+30.00%
255.27
Asset Impairment Charge
0.00
-100.00%
0.75
-39.55%
1.24
+243.65%
0.36
Operating Gains Losses
189.14
-52.00%
394.08
+18.66%
332.09
+30.40%
254.68
Gain Loss On Investment Securities
271.56
-33.23%
406.71
-3.61%
421.93
+65.67%
254.68
Change In Working Capital
-49.83
+20.09%
-62.35
+53.80%
-134.97
-1262.56%
-9.91
Change In Receivables
-84.95
+49.36%
-167.76
-147.83%
-67.69
-7.96%
-62.70
Changes In Account Receivables
-84.95
+49.36%
-167.76
-147.83%
-67.69
-7.96%
-62.70
Change In Payables And Accrued Expense
47.30
-36.23%
74.18
+240.44%
-52.82
-177.89%
67.81
Change In Accrued Expense
-46.56
-5.74%
-44.03
-45.56%
-30.25
-142.49%
71.20
Change In Payable
93.86
-20.60%
118.21
+623.76%
-22.57
-567.33%
-3.38
Change In Account Payable
41.80
+236.64%
12.42
+346.47%
-5.04
+79.59%
-24.69
Change In Other Current Assets
-12.18
-138.99%
31.23
+315.87%
-14.47
+3.69%
-15.02
Investing Cash Flow
-1,083.06
+18.27%
-1,325.15
+19.84%
-1,653.07
+17.81%
-2,011.34
Cash Flow From Continuing Investing Activities
-1,083.07
+18.27%
-1,325.15
+19.84%
-1,653.07
+17.81%
-2,011.34
Net PPE Purchase And Sale
-192.19
-20.65%
-159.30
-31.89%
-120.78
-39.96%
-86.29
Purchase Of PPE
-192.19
-20.65%
-159.30
-31.89%
-120.78
-39.96%
-86.29
Capital Expenditure
-192.19
-20.65%
-159.30
-31.89%
-120.78
-8.12%
-111.70
Net Investment Purchase And Sale
391.89
+159.76%
150.87
-66.87%
455.35
+129.75%
-1,530.35
Purchase Of Investment
-823.89
+16.45%
-986.07
+8.88%
-1,082.15
+41.23%
-1,841.38
Sale Of Investment
1,215.78
+6.93%
1,136.94
-26.05%
1,537.49
+394.32%
311.04
Net Business Purchase And Sale
0.00
0.00
+100.00%
-16.05
-167.56%
-6.00
Purchase Of Business
0.00
0.00
+100.00%
-16.05
-167.56%
-6.00
Net Intangibles Purchase And Sale
—
0.00
0.00
+100.00%
-25.41
Purchase Of Intangibles
—
0.00
0.00
+100.00%
-25.41
Net Other Investing Changes
-1,282.77
+2.58%
-1,316.72
+33.22%
-1,971.59
-442.71%
-363.29
Financing Cash Flow
751.42
-17.71%
913.15
-32.36%
1,349.94
-33.73%
2,037.12
Cash Flow From Continuing Financing Activities
751.42
-17.71%
913.15
-32.36%
1,349.94
-33.73%
2,037.12
Net Issuance Payments Of Debt
2,306.63
+98.84%
1,160.06
-29.14%
1,637.14
-24.28%
2,162.22
Issuance Of Debt
24,594.24
+64.08%
14,989.44
+86.32%
8,044.97
+18.22%
6,804.83
Repayment Of Debt
-22,287.61
-61.16%
-13,829.39
-115.82%
-6,407.83
-38.02%
-4,642.61
Long Term Debt Issuance
24,594.24
+64.08%
14,989.44
+86.32%
8,044.97
+18.22%
6,804.83
Long Term Debt Payments
-22,287.61
-61.16%
-13,829.39
-115.82%
-6,407.83
-38.02%
-4,642.61
Net Long Term Debt Issuance
2,306.63
+98.84%
1,160.06
-29.14%
1,637.14
-24.28%
2,162.22
Net Common Stock Issuance
-250.00
0.00
+100.00%
-0.11
-26.74%
-0.09
Common Stock Payments
-250.00
0.00
+100.00%
-0.11
-26.74%
-0.09
Repurchase Of Capital Stock
-250.00
0.00
+100.00%
-0.11
-26.74%
-0.09
Proceeds From Stock Option Exercised
60.69
+83.22%
33.12
+110.08%
15.77
-78.67%
73.91
Net Other Financing Charges
-1,365.90
-387.77%
-280.03
+7.54%
-302.86
-52.24%
-198.93
Changes In Cash
462.27
+1112.10%
38.14
+113.11%
-290.94
-113.28%
-136.41
Effect Of Exchange Rate Changes
-1.25
+53.60%
-2.68
-3412.35%
0.08
+101.50%
-5.41
Beginning Cash Position
1,295.40
+2.81%
1,259.94
-18.76%
1,550.81
-8.38%
1,692.63
End Cash Position
1,756.42
+35.59%
1,295.40
+2.81%
1,259.94
-18.76%
1,550.81
Free Cash Flow
601.72
+106.89%
290.84
+367.83%
-108.59
+60.35%
-273.90
Interest Paid Supplemental Data
404.38
+27.07%
318.24
+95.01%
163.19
+216.73%
51.52
Income Tax Paid Supplemental Data
2.74
+130.50%
1.19
+46.91%
0.81
+267.27%
0.22
Amortization Of Securities
-44.03
-93.13%
-22.80
+36.77%
-36.06
-1745.07%
2.19
Change In Interest Payable
2.39
-78.58%
11.14
+40.72%
7.92
+102.59%
3.91
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Payments
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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