Affirm (AFRM) Financials

$52.57 +0.82 (+1.58%)

Closing price 05/16/2025 04:00 PM Eastern

Extended Trading

$50.64 -1.93 (-3.67%)

As of 05/16/2025 07:59 PM Eastern

Annual Income Statements for Affirm

This table shows Affirm's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019
Net Income / (Loss) Attributable to Common Shareholders	-524	-994	-721	-434	-126	-135
Consolidated Net Income / (Loss)	-518	-985	-707	-441	-113	-120
Net Income / (Loss) Continuing Operations	-518	-985	-707	-441	-113	-120
Total Pre-Tax Income	-516	-989	-725	-443	-112	-120
Total Operating Income	-616	-1,201	-866	-384	-108	-127
Total Gross Profit	2,323	1,588	1,349	870	510	264
Total Revenue	2,323	1,588	1,349	870	510	264
Operating Revenue	2,323	1,588	1,349	870	510	264
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	2,939	2,789	2,215	1,254	617	392
Selling, General & Admin Expense	525	586	577	384	121	89
Marketing Expense	576	638	532	182	25	17
Other Operating Expenses / (Income)	1,830	1,528	1,106	688	471	286
Restructuring Charge	6.77	36	0.00	0.00	-	-
Total Other Income / (Expense), net	100	212	141	-60	-4.43	7.02
Other Income / (Expense), net	100	212	141	-60	-4.43	7.02
Income Tax Expense	2.23	-3.90	-17	-2.34	0.38	0.04
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	6.14	8.27	14	-7.08	-	-
Basic Earnings per Share	($1.67)	($3.34)	($2.51)	($2.78)	($2.63)	($2.84)
Weighted Average Basic Shares Outstanding	309.86M	295.34M	281.70M	158.37M	47.86M	47.35M
Diluted Earnings per Share	($1.67)	($3.34)	($2.51)	($2.94)	($2.63)	($2.84)
Weighted Average Diluted Shares Outstanding	309.86M	295.34M	281.70M	159.24M	47.86M	47.35M
Weighted Average Basic & Diluted Shares Outstanding	311.12M	299.30M	289.07M	271.87M	-	-

This table shows Affirm's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	42	-88	-49	-144	-149	-182	-199	-201	-315	-278	-200
Consolidated Net Income / (Loss)	80	-100	-45	-134	-167	-172	-206	-206	-322	-251	-186
Net Income / (Loss) Continuing Operations	80	-100	-45	-134	-167	-172	-206	-206	-322	-251	-186
Total Pre-Tax Income	83	-98	-44	-133	-168	-171	-207	-207	-324	-251	-205
Total Operating Income	-4.32	-133	-73	-161	-172	-209	-244	-310	-360	-287	-277
Total Gross Profit	866	698	659	576	591	497	446	381	400	362	364
Total Revenue	866	698	659	576	591	497	446	381	400	362	364
Operating Revenue	866	698	659	576	591	497	446	381	400	362	364
Total Cost of Revenue	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-
Total Operating Expenses	871	831	733	737	763	704	690	691	759	649	641
Selling, General & Admin Expense	139	138	123	129	133	140	128	139	159	161	158
Marketing Expense	136	145	135	133	161	147	145	141	188	164	169
Other Operating Expenses / (Income)	595	548	474	470	469	417	416	376	412	324	315
Total Other Income / (Expense), net	87	34	29	28	4.55	39	37	104	36	36	73
Other Income / (Expense), net	87	34	29	28	4.55	39	37	104	36	36	73
Income Tax Expense	2.50	1.90	1.00	0.89	-0.70	1.04	-1.32	-0.84	-1.57	-0.18	-18
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	38	-12	4.26	10	-18	9.78	-6.92	-4.29	-7.59	27	-
Basic Earnings per Share	$0.25	($0.31)	($0.13)	($0.43)	($0.54)	($0.57)	($0.69)	($0.69)	($1.10)	($0.86)	($0.62)
Weighted Average Basic Shares Outstanding	322.28M	318.23M	309.86M	312.63M	307.57M	303.84M	295.34M	297.20M	293.68M	290.93M	281.70M
Diluted Earnings per Share	$0.23	($0.31)	($0.13)	($0.43)	($0.54)	($0.57)	($0.69)	($0.69)	($1.10)	($0.86)	($0.62)
Weighted Average Diluted Shares Outstanding	345.20M	318.23M	309.86M	312.63M	307.57M	303.84M	295.34M	297.20M	293.68M	290.93M	281.70M
Weighted Average Basic & Diluted Shares Outstanding	318.06M	314.06M	311.12M	309.12M	306.87M	301.73M	299.30M	295.69M	293.99M	290.15M	289.07M

This table details how cash moves in and out of Affirm's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019
Net Change in Cash & Equivalents	35	-291	-142	1,365	-30	120
Net Cash From Operating Activities	450	12	-162	-193	-71	-88
Net Cash From Continuing Operating Activities	450	12	-162	-193	-71	-88
Net Income / (Loss) Continuing Operations	-518	-985	-707	-441	-113	-120
Consolidated Net Income / (Loss)	-518	-985	-707	-441	-113	-120
Depreciation Expense	169	135	53	20	9.44	5.27
Amortization Expense	-113	-71	-57	-15	-25	-18
Non-Cash Adjustments To Reconcile Net Income	1,080	1,051	581	322	26	72
Changes in Operating Assets and Liabilities, net	-168	-117	-31	-79	31	-27
Net Cash From Investing Activities	-1,325	-1,653	-2,011	-1,022	-253	-354
Net Cash From Continuing Investing Activities	-1,325	-1,653	-2,011	-1,022	-253	-354
Purchase of Property, Plant & Equipment	-159	-121	-86	-20	-21	-19
Acquisitions	0.00	-16	-31	-222	0.00	-1.84
Purchase of Investments	-22,475	-14,668	-12,203	-5,897	-2,830	-1,893
Sale and/or Maturity of Investments	7,196	3,120	2,210	824	303	147
Other Investing Activities, net	14,113	10,032	8,100	4,294	2,295	1,413
Net Cash From Financing Activities	913	1,350	2,037	2,578	295	562
Net Cash From Continuing Financing Activities	913	1,350	2,037	2,578	295	562
Repayment of Debt	-13,920	-6,637	-4,656	-3,388	-1,890	-1,085
Repurchase of Common Equity	0.00	-0.11	-0.09	-0.80	-19	-2.63
Issuance of Debt	14,989	8,045	6,805	4,338	2,208	1,355
Other Financing Activities, net	-156	-58	-111	-111	2.73	6.48
Effect of Exchange Rate Changes	-2.68	0.08	-5.41	1.84	0.00	0.00
Cash Interest Paid	318	163	52	42	28	28
Cash Income Taxes Paid	1.19	0.81	0.22	0.22	0.00	0.00

This table details how cash moves in and out of Affirm's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	353	89	-324	172	-41	229	-122	-483	-49	363	-1,125
Net Cash From Operating Activities	312	197	69	208	74	99	44	-54	-29	51	-59
Net Cash From Continuing Operating Activities	312	197	69	208	74	99	44	-54	-29	51	-59
Net Income / (Loss) Continuing Operations	80	-100	-45	-134	-167	-172	-206	-206	-322	-251	-186
Consolidated Net Income / (Loss)	80	-100	-45	-134	-167	-172	-206	-206	-322	-251	-186
Depreciation Expense	55	47	65	37	27	40	43	47	23	21	17
Amortization Expense	-49	-48	-21	-37	-29	-26	-21	-11	-19	-20	-14
Non-Cash Adjustments To Reconcile Net Income	138	278	162	262	384	271	299	75	370	307	161
Changes in Operating Assets and Liabilities, net	87	20	-93	80	-140	-15	-71	40	-80	-6.03	-37
Net Cash From Investing Activities	-89	-575	-538	-147	-625	-16	-777	-301	-692	117	-1,026
Net Cash From Continuing Investing Activities	-89	-575	-538	-147	-625	-16	-777	-301	-692	117	-1,026
Purchase of Property, Plant & Equipment	-44	-44	-38	-46	-39	-36	-25	-31	-34	-31	-27
Purchase of Investments	-8,712	-6,525	-6,456	-5,492	-6,200	-4,326	-4,480	-3,547	-3,792	-2,849	-3,904
Sale and/or Maturity of Investments	4,139	1,846	2,124	1,613	2,297	1,162	898	721	710	791	687
Other Investing Activities, net	4,528	4,148	3,833	3,778	3,317	3,185	2,829	2,573	2,424	2,207	2,243
Net Cash From Financing Activities	144	466	146	112	506	149	610	-129	670	200	-29
Net Cash From Continuing Financing Activities	144	466	146	112	506	149	610	-129	670	200	-29
Repayment of Debt	-5,171	-3,414	-4,382	-2,702	-3,371	-3,465	-1,633	-2,293	-1,493	-1,218	-1,842
Issuance of Debt	5,624	3,939	4,563	2,885	3,895	3,646	2,246	2,181	2,174	1,444	1,825
Other Financing Activities, net	-60	-60	-34	-71	-18	-33	-3.50	-18	-11	-26	-12
Effect of Exchange Rate Changes	-15	1.73	-1.39	-1.71	3.72	-3.30	2.29	0.89	2.20	-5.30	-11
Cash Interest Paid	102	100	90	86	78	65	58	49	33	23	17
Cash Income Taxes Paid	0.66	0.45	0.60	0.02	0.26	0.31	0.43	0.17	0.07	0.14	0.12

This table presents Affirm's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020
Total Assets	9,520	8,156	6,974	4,867	1,402
Total Current Assets	2,471	2,429	3,136	1,440	231
Cash & Equivalents	1,013	892	1,255	1,467	267
Restricted Cash	282	368	296	-	-
Short-Term Investments	1,132	1,175	1,595	-	-
Note & Lease Receivable	0.04	0.08	2.67	-118	-
Accounts Receivable	353	199	142	92	59
Other Current Assets	-309	-205	-155	-	-95
Plant, Property, & Equipment, net	428	290	171	62	48
Total Noncurrent Assets	6,621	5,436	3,667	3,348	1,123
Long-Term Investments	5,670	4,403	2,504	-	1,034
Goodwill	533	543	540	517	1.26
Intangible Assets	14	34	79	68	2.50
Other Noncurrent Operating Assets	404	456	545	2,763	85
Total Liabilities & Shareholders' Equity	9,520	8,156	6,974	4,867	1,402
Total Liabilities	6,788	5,621	4,356	2,291	965
Total Current Liabilities	372	277	349	384	48
Accounts Payable	201	82	104	58	18
Accrued Expenses	147	181	238	324	28
Other Current Nonoperating Liabilities	24	13	6.66	2.75	1.86
Total Noncurrent Liabilities	6,415	5,345	4,007	1,907	917
Long-Term Debt	6,415	5,345	4,007	1,907	917
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,732	2,534	2,618	2,576	-367
Total Preferred & Common Equity	2,732	2,534	2,618	2,576	-367
Total Common Equity	2,732	2,534	2,618	2,576	-367
Common Stock	5,863	5,141	4,231	3,467	80
Retained Earnings	-3,109	-2,591	-1,606	-898	-447
Accumulated Other Comprehensive Income / (Loss)	-22	-15	-7.15	6.77	-0.30

This table presents Affirm's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022	9/30/2022	3/31/2022
Total Assets	10,481	10,139	9,201	9,065	8,407	7,508	7,805	7,165	7,032
Total Current Assets	2,244	2,416	2,406	2,407	2,514	6,176	6,455	5,834	4,889
Cash & Equivalents	1,200	1,046	1,273	1,037	1,079	972	1,440	1,530	2,262
Restricted Cash	537	338	347	411	409	409	424	383	-
Short-Term Investments	667	1,074	781	914	1,022	1,059	915	1,237	-
Note & Lease Receivable	0.00	0.00	0.13	0.03	0.15	3,599	3,474	2,536	2,503
Accounts Receivable	204	308	293	307	236	136	202	148	125
Other Current Assets	-364	-351	-289	-262	-232	-	-	-	-
Plant, Property, & Equipment, net	506	473	402	370	339	277	249	208	142
Total Noncurrent Assets	7,731	7,250	6,394	6,288	5,554	1,055	1,101	1,122	2,001
Long-Term Investments	6,796	6,311	5,461	5,239	4,549	-	-	-	-
Goodwill	522	537	536	541	536	537	528	525	547
Intangible Assets	12	13	15	17	20	48	64	71	61
Other Noncurrent Operating Assets	401	389	382	491	448	470	509	526	1,552
Total Liabilities & Shareholders' Equity	10,481	10,139	9,201	9,065	8,407	7,508	7,805	7,165	7,032
Total Liabilities	7,696	7,304	6,578	6,430	5,840	4,997	5,295	4,602	4,456
Total Current Liabilities	389	372	338	367	317	280	389	380	362
Accounts Payable	208	210	165	194	137	74	156	125	49
Accrued Expenses	156	137	150	150	160	192	221	250	313
Other Current Nonoperating Liabilities	25	24	23	22	20	14	12	5.29	-
Total Noncurrent Liabilities	7,307	6,932	6,240	6,063	5,524	4,716	4,906	4,221	4,093
Long-Term Debt	7,307	6,932	6,240	6,063	5,524	4,716	4,906	4,221	4,054
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,786	2,836	2,623	2,635	2,567	2,511	2,510	2,563	2,576
Total Preferred & Common Equity	2,786	2,836	2,623	2,635	2,567	2,511	2,510	2,563	2,576
Total Common Equity	2,786	2,836	2,623	2,635	2,567	2,511	2,510	2,563	2,576
Common Stock	5,962	6,054	5,705	5,572	5,355	4,919	4,716	4,455	3,988
Retained Earnings	-3,129	-3,209	-3,064	-2,930	-2,763	-2,385	-2,180	-1,857	-1,420
Accumulated Other Comprehensive Income / (Loss)	-48	-9.12	-17	-7.14	-25	-22	-27	-34	7.68

This table displays calculated financial ratios and metrics derived from Affirm's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	46.29%	17.69%	55.01%	70.84%	92.74%	0.00%
EBITDA Growth	50.37%	-26.98%	-66.34%	-242.19%	3.58%	0.00%
EBIT Growth	47.89%	-36.48%	-63.48%	-295.08%	6.81%	0.00%
NOPAT Growth	48.72%	-38.66%	-125.73%	-255.94%	15.42%	0.00%
Net Income Growth	47.45%	-39.29%	-60.40%	-291.68%	6.52%	0.00%
EPS Growth	50.00%	-33.07%	14.63%	-11.79%	7.39%	0.00%
Operating Cash Flow Growth	3,595.41%	107.51%	16.02%	-170.86%	18.65%	0.00%
Free Cash Flow Firm Growth	50.64%	-164.56%	143.98%	-2,371.35%	0.00%	0.00%
Invested Capital Growth	1.87%	7.41%	-67.30%	5,388.87%	0.00%	0.00%
Revenue Q/Q Growth	10.11%	5.42%	8.21%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	28.79%	1.73%	-11.58%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	24.04%	-0.28%	-12.17%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	21.67%	2.71%	-23.18%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	23.70%	-2.03%	-9.77%	0.00%	0.00%	0.00%
EPS Q/Q Growth	25.11%	-2.14%	8.73%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	5.87%	113.43%	-31.87%	4.23%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-113.97%	29.54%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	4.95%	-78.03%	-77.52%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-19.78%	-58.29%	-54.03%	-50.35%	-25.14%	-50.24%
Operating Margin	-26.51%	-75.62%	-64.19%	-44.08%	-21.15%	-48.21%
EBIT Margin	-22.19%	-62.30%	-53.72%	-50.93%	-22.02%	-45.55%
Profit (Net Income) Margin	-22.29%	-62.05%	-52.43%	-50.67%	-22.10%	-45.56%
Tax Burden Percent	100.43%	99.61%	97.60%	99.47%	100.34%	100.03%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-40.49%	-82.54%	-30.43%	-17.57%	-275.83%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-34.97%	-73.25%	-13.69%	-783.85%	-256.40%	0.00%
Return on Net Nonoperating Assets (RNNOA)	20.83%	44.30%	3.19%	-11.71%	224.31%	0.00%
Return on Equity (ROE)	-19.66%	-38.25%	-27.24%	-29.28%	-51.52%	0.00%
Cash Return on Invested Capital (CROIC)	-42.35%	-89.69%	71.00%	-210.41%	-475.83%	0.00%
Operating Return on Assets (OROA)	-5.83%	-13.08%	-12.24%	-14.14%	-8.00%	0.00%
Return on Assets (ROA)	-5.86%	-13.03%	-11.95%	-14.07%	-8.03%	0.00%
Return on Common Equity (ROCE)	-19.66%	-38.25%	-27.24%	-21.46%	43.27%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-18.95%	-38.88%	-27.02%	-17.12%	30.67%	0.00%
Net Operating Profit after Tax (NOPAT)	-431	-841	-606	-269	-75	-89
NOPAT Margin	-18.56%	-52.94%	-44.93%	-30.85%	-14.81%	-33.74%
Net Nonoperating Expense Percent (NNEP)	-5.53%	-9.29%	-16.74%	766.29%	-19.43%	0.00%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	22.61%	36.93%	42.80%	44.09%	23.79%	33.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	126.51%	175.62%	164.19%	144.08%	121.15%	148.21%
Earnings before Interest and Taxes (EBIT)	-516	-989	-725	-443	-112	-120
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-459	-926	-729	-438	-128	-133
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	3.42	1.79	1.98	6.93	0.00	0.00
Price to Tangible Book Value (P/TBV)	4.27	2.32	2.59	8.97	0.00	0.00
Price to Revenue (P/Rev)	4.02	2.85	3.83	20.51	2.37	4.56
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7.13	2.88	3.59	6.09	29.71	0.00
Enterprise Value to Revenue (EV/Rev)	3.30	1.91	2.62	21.02	3.19	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.01	249.56	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	2.50	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	2.35	2.11	1.53	0.74	2.10	0.00
Long-Term Debt to Equity	2.35	2.11	1.53	0.74	2.10	0.00
Financial Leverage	-0.60	-0.60	-0.23	0.01	-0.87	0.00
Leverage Ratio	3.36	2.94	2.28	2.08	3.21	0.00
Compound Leverage Factor	3.36	2.94	2.28	2.08	3.21	0.00
Debt to Total Capital	70.13%	67.84%	60.48%	42.55%	67.73%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	70.13%	67.84%	60.48%	42.55%	67.73%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	59.38%	0.00%
Common Equity to Total Capital	29.87%	32.16%	39.52%	57.45%	-27.11%	0.00%
Debt to EBITDA	-13.97	-5.77	-5.50	-4.35	-7.16	0.00
Net Debt to EBITDA	3.66	1.61	2.25	-1.01	3.00	0.00
Long-Term Debt to EBITDA	-13.97	-5.77	-5.50	-4.35	-7.16	0.00
Debt to NOPAT	-14.88	-6.36	-6.61	-7.10	-12.16	0.00
Net Debt to NOPAT	3.90	1.78	2.71	-1.64	5.09	0.00
Long-Term Debt to NOPAT	-14.88	-6.36	-6.61	-7.10	-12.16	0.00
Altman Z-Score	0.70	0.15	0.72	4.56	0.56	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	26.69%	183.99%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	6.64	8.78	8.99	3.75	4.81	0.00
Quick Ratio	6.71	8.18	8.59	3.75	6.79	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-451	-913	1,415	-3,217	-130	0.00
Operating Cash Flow to CapEx	282.58%	10.09%	-187.96%	-953.63%	-339.23%	-451.66%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.26	0.21	0.23	0.28	0.36	0.00
Accounts Receivable Turnover	8.41	9.31	11.55	11.56	8.64	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	6.47	6.88	11.53	15.74	10.58	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	43.38	39.21	31.60	31.57	42.27	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	43.38	39.21	31.60	31.57	42.27	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	1,074	1,055	982	3,003	55	0.00
Invested Capital Turnover	2.18	1.56	0.68	0.57	18.63	0.00
Increase / (Decrease) in Invested Capital	20	73	-2,021	2,948	55	0.00
Enterprise Value (EV)	7,657	3,040	3,530	18,295	1,625	0.00
Market Capitalization	9,339	4,533	5,173	17,854	1,205	1,205
Book Value per Share	$8.84	$8.57	$9.14	$9.72	($7.67)	$0.00
Tangible Book Value per Share	$7.07	$6.62	$6.98	$7.51	($7.75)	$0.00
Total Capital	9,147	7,879	6,625	4,483	1,354	0.00
Total Debt	6,415	5,345	4,007	1,907	917	0.00
Total Long-Term Debt	6,415	5,345	4,007	1,907	917	0.00
Net Debt	-1,682	-1,493	-1,643	441	-384	0.00
Capital Expenditures (CapEx)	159	121	86	20	21	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-328	-282	-359	-410	-84	0.00
Debt-free Net Working Capital (DFNWC)	2,099	2,152	2,787	1,056	183	0.00
Net Working Capital (NWC)	2,099	2,152	2,787	1,056	183	0.00
Net Nonoperating Expense (NNE)	87	145	101	172	37	31
Net Nonoperating Obligations (NNO)	-1,658	-1,479	-1,636	427	-382	0.00
Total Depreciation and Amortization (D&A)	56	64	-4.16	5.13	-16	-12
Debt-free, Cash-free Net Working Capital to Revenue	-14.14%	-17.77%	-26.63%	-47.13%	-16.52%	0.00%
Debt-free Net Working Capital to Revenue	90.34%	135.54%	206.54%	121.35%	35.89%	0.00%
Net Working Capital to Revenue	90.34%	135.54%	206.54%	121.35%	35.89%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.67)	($3.34)	($2.51)	($2.72)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	309.86M	295.34M	281.70M	158.37M	0.00	0.00
Adjusted Diluted Earnings per Share	($1.67)	($3.34)	($2.51)	($2.88)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	309.86M	295.34M	281.70M	159.24M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	311.12M	299.30M	289.07M	271.87M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-426	-815	-606	-269	-75	-89
Normalized NOPAT Margin	-18.35%	-51.35%	-44.93%	-30.85%	-14.81%	-33.74%
Pre Tax Income Margin	-22.19%	-62.30%	-53.72%	-50.93%	-22.02%	-45.55%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-0.01%	-0.01%	-0.18%	-16.74%	-2.18%

This table displays calculated financial ratios and metrics derived from Affirm's official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	46.57%	40.67%	47.86%	51.23%	47.94%	37.31%	22.43%	7.39%	10.68%	34.24%	39.10%
EBITDA Growth	152.22%	36.77%	100.25%	21.78%	46.88%	37.33%	8.07%	-241.11%	-88.19%	18.63%	-60.09%
EBIT Growth	149.44%	42.42%	78.71%	35.58%	48.27%	32.10%	-1.35%	-279.54%	-103.19%	17.95%	-62.48%
NOPAT Growth	96.52%	36.68%	69.87%	48.14%	52.12%	27.14%	12.05%	-36.85%	-83.25%	-73.10%	-142.64%
Net Income Growth	148.15%	41.66%	78.09%	34.88%	48.24%	31.63%	-10.50%	-276.21%	-101.86%	18.05%	-51.03%
EPS Growth	142.59%	45.61%	81.16%	37.68%	50.91%	33.72%	-11.29%	-263.16%	-92.98%	23.89%	27.91%
Operating Cash Flow Growth	319.82%	99.05%	57.03%	483.51%	360.34%	93.11%	174.08%	-93.97%	93.52%	-85.97%	-196.84%
Free Cash Flow Firm Growth	-94.20%	-102.68%	70.77%	664.41%	418.23%	406.78%	-113.32%	62.80%	43.21%	74.81%	0.00%
Invested Capital Growth	-18.03%	-2.62%	1.87%	-78.67%	-75.92%	-71.13%	7.41%	9.89%	21.40%	19.54%	-67.30%
Revenue Q/Q Growth	24.04%	5.96%	14.41%	-2.53%	19.04%	11.38%	17.02%	-4.65%	10.49%	-0.69%	2.64%
EBITDA Q/Q Growth	189.65%	-21,462.50%	100.35%	21.89%	-8.53%	15.39%	-9.05%	46.96%	-28.06%	-24.11%	-304.64%
EBIT Q/Q Growth	184.27%	-122.75%	66.82%	20.62%	1.84%	17.63%	-0.37%	36.26%	-28.86%	-22.95%	-275.87%
NOPAT Q/Q Growth	95.48%	-80.54%	54.31%	6.60%	17.81%	14.10%	21.35%	13.77%	-25.07%	-3.69%	-22.37%
Net Income Q/Q Growth	180.18%	-122.04%	66.30%	19.75%	2.84%	16.59%	-0.14%	36.21%	-28.32%	-34.80%	-240.94%
EPS Q/Q Growth	174.19%	-138.46%	69.77%	20.37%	5.26%	17.39%	0.00%	37.27%	-27.91%	-38.71%	-226.32%
Operating Cash Flow Q/Q Growth	58.49%	186.30%	-66.97%	180.07%	-24.85%	125.86%	180.68%	-90.12%	-155.74%	186.65%	-111.25%
Free Cash Flow Firm Q/Q Growth	402.42%	8.14%	-101.94%	7.52%	39.56%	1,103.30%	62.51%	39.38%	-34.54%	-143.57%	204.67%
Invested Capital Q/Q Growth	-10.30%	-4.79%	4.95%	-8.55%	6.57%	-0.41%	-78.03%	3.29%	27.73%	270.58%	-77.52%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	10.26%	-14.19%	0.07%	-23.07%	-28.79%	-31.57%	-41.56%	-44.60%	-80.17%	-69.17%	-55.35%
Operating Margin	-0.50%	-18.99%	-11.14%	-27.91%	-29.12%	-42.18%	-54.69%	-81.38%	-89.98%	-79.49%	-76.13%
EBIT Margin	9.56%	-14.08%	-6.70%	-23.09%	-28.35%	-34.39%	-46.49%	-54.21%	-81.09%	-69.53%	-56.17%
Profit (Net Income) Margin	9.28%	-14.35%	-6.85%	-23.25%	-28.24%	-34.60%	-46.20%	-53.99%	-80.70%	-69.48%	-51.19%
Tax Burden Percent	96.98%	101.93%	102.26%	100.67%	99.58%	100.61%	99.37%	99.60%	99.52%	99.93%	91.14%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	3.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.33%	-32.37%	-17.02%	-14.15%	-13.53%	-21.70%	-59.70%	-18.72%	-22.00%	-24.00%	-36.09%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.33%	-31.93%	-17.42%	-20.35%	-28.44%	-10.27%	-57.43%	-18.16%	-26.04%	-29.75%	-37.36%
Return on Net Nonoperating Assets (RNNOA)	3.95%	19.67%	10.38%	-2.73%	-3.44%	0.88%	34.73%	-14.57%	-18.30%	-10.49%	8.70%
Return on Equity (ROE)	2.62%	-12.70%	-6.64%	-16.89%	-16.98%	-20.81%	-24.97%	-33.29%	-40.29%	-34.50%	-27.39%
Cash Return on Invested Capital (CROIC)	-5.69%	-33.75%	-42.35%	110.79%	99.65%	76.88%	-89.69%	-28.27%	-38.34%	-38.48%	71.00%
Operating Return on Assets (OROA)	2.74%	-3.83%	-1.76%	-5.83%	-6.44%	-7.61%	-9.76%	-11.23%	-16.27%	-15.95%	-12.80%
Return on Assets (ROA)	2.66%	-3.91%	-1.80%	-5.87%	-6.41%	-7.66%	-9.70%	-11.19%	-16.19%	-15.94%	-11.67%
Return on Common Equity (ROCE)	2.62%	-12.70%	-6.64%	-16.89%	-16.98%	-20.81%	-24.97%	-33.29%	-40.29%	-34.50%	-27.39%
Return on Equity Simple (ROE_SIMPLE)	-7.14%	-15.74%	0.00%	-25.87%	-28.48%	-35.29%	0.00%	-38.46%	-32.46%	-25.44%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.19	-93	-51	-113	-121	-147	-171	-217	-252	-201	-194
NOPAT Margin	-0.48%	-13.29%	-7.80%	-19.54%	-20.39%	-29.53%	-38.28%	-56.97%	-62.99%	-55.65%	-53.29%
Net Nonoperating Expense Percent (NNEP)	5.00%	-0.44%	0.40%	6.20%	14.91%	-11.42%	-2.26%	-0.56%	4.05%	5.74%	1.27%
Return On Investment Capital (ROIC_SIMPLE)	-0.04%	-	-	-	-1.39%	-	-	-	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	16.09%	19.83%	18.73%	22.34%	22.46%	28.26%	28.60%	36.55%	39.70%	44.51%	43.26%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	100.49%	119.02%	111.14%	127.91%	129.11%	141.85%	154.69%	181.38%	189.98%	179.49%	176.13%
Earnings before Interest and Taxes (EBIT)	83	-98	-44	-133	-168	-171	-207	-207	-324	-251	-205
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	89	-99	0.46	-133	-170	-157	-185	-170	-320	-250	-202
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.87	4.48	3.42	4.36	5.63	2.48	1.79	1.32	1.12	2.12	1.98
Price to Tangible Book Value (P/TBV)	8.49	5.56	4.27	5.52	7.14	3.17	2.32	1.72	1.46	2.76	2.59
Price to Revenue (P/Rev)	6.83	5.03	4.02	5.42	7.74	3.69	2.85	2.20	1.90	3.76	3.83
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	18.78	10.62	7.13	9.58	11.87	4.60	2.88	1.16	1.06	1.78	3.59
Enterprise Value to Revenue (EV/Rev)	6.15	4.30	3.30	4.65	6.94	2.80	1.91	3.71	3.33	4.50	2.62
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	21.93	19.82	17.01	23.08	81.66	80.68	249.56	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	3.04	4.62	2.68	0.00	0.00	0.00	0.00	2.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.62	2.44	2.35	2.38	2.30	2.15	2.11	1.88	1.95	1.65	1.53
Long-Term Debt to Equity	2.62	2.44	2.35	2.38	2.30	2.15	2.11	1.88	1.95	1.65	1.53
Financial Leverage	-0.62	-0.62	-0.60	0.13	0.12	-0.09	-0.60	0.80	0.70	0.35	-0.23
Leverage Ratio	3.61	3.43	3.36	3.25	3.28	3.04	2.94	2.86	2.96	2.54	2.28
Compound Leverage Factor	3.61	3.43	3.36	3.25	3.28	3.04	2.94	2.86	2.96	2.54	2.28
Debt to Total Capital	72.40%	70.97%	70.13%	70.40%	69.71%	68.27%	67.84%	65.26%	66.15%	62.22%	60.48%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	72.40%	70.97%	70.13%	70.40%	69.71%	68.27%	67.84%	65.26%	66.15%	62.22%	60.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	27.60%	29.03%	29.87%	29.60%	30.29%	31.73%	32.16%	34.74%	33.85%	37.78%	39.52%
Debt to EBITDA	-51.20	-17.26	-13.97	-9.67	-8.89	-6.64	-5.77	-5.01	-5.97	-6.28	-5.50
Net Debt to EBITDA	13.27	4.57	3.66	2.51	2.25	1.85	1.61	-2.42	-2.59	-1.59	2.25
Long-Term Debt to EBITDA	-51.20	-17.26	-13.97	-9.67	-8.89	-6.64	-5.77	-5.01	-5.97	-6.28	-5.50
Debt to NOPAT	-28.12	-18.37	-14.88	-11.34	-9.26	-7.03	-6.36	-5.46	-6.09	-6.11	-6.61
Net Debt to NOPAT	7.29	4.87	3.90	2.95	2.35	1.95	1.78	-2.63	-2.64	-1.55	2.71
Long-Term Debt to NOPAT	-28.12	-18.37	-14.88	-11.34	-9.26	-7.03	-6.36	-5.46	-6.09	-6.11	-6.61
Altman Z-Score	1.58	1.06	0.86	1.03	1.35	0.65	0.47	1.01	0.91	1.34	0.97
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.77	6.50	6.64	7.12	6.56	7.94	8.78	22.02	16.60	15.34	8.99
Quick Ratio	5.33	6.54	6.71	6.95	6.16	7.38	8.18	20.57	15.51	14.33	8.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	198	-65	-71	3,664	3,408	2,442	-243	-649	-1,071	-796	1,827
Operating Cash Flow to CapEx	710.66%	445.88%	179.74%	447.87%	191.81%	276.13%	176.16%	-177.86%	-83.35%	164.41%	-218.63%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.29	0.27	0.26	0.25	0.23	0.22	0.21	0.21	0.20	0.23	0.23
Accounts Receivable Turnover	10.96	9.27	8.41	9.83	7.52	8.97	9.31	11.57	8.80	11.59	11.55
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	6.39	6.22	6.47	6.22	6.19	6.30	6.88	7.19	8.17	9.83	11.53
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	33.30	39.37	43.38	37.13	48.51	40.67	39.21	31.55	41.45	31.49	31.60
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	33.30	39.37	43.38	37.13	48.51	40.67	39.21	31.55	41.45	31.49	31.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	918	1,023	1,074	1,024	1,119	1,050	1,055	4,801	4,648	3,639	982
Invested Capital Turnover	2.75	2.44	2.18	0.72	0.66	0.73	1.56	0.33	0.35	0.43	0.68
Increase / (Decrease) in Invested Capital	-202	-27	20	-3,777	-3,529	-2,589	73	432	819	595	-2,021
Enterprise Value (EV)	17,233	10,863	7,657	9,812	13,290	4,830	3,040	5,589	4,932	6,493	3,530
Market Capitalization	19,126	12,700	9,339	11,434	14,827	6,366	4,533	3,313	2,806	5,423	5,173
Book Value per Share	$8.87	$9.11	$8.84	$8.55	$8.73	$8.58	$8.57	$8.54	$8.65	$8.87	$9.14
Tangible Book Value per Share	$7.17	$7.35	$7.07	$6.75	$6.88	$6.72	$6.62	$6.55	$6.61	$6.81	$6.98
Total Capital	10,092	9,768	9,147	8,863	8,698	8,090	7,879	7,227	7,416	6,785	6,625
Total Debt	7,307	6,932	6,415	6,240	6,063	5,524	5,345	4,716	4,906	4,221	4,007
Total Long-Term Debt	7,307	6,932	6,415	6,240	6,063	5,524	5,345	4,716	4,906	4,221	4,007
Net Debt	-1,893	-1,837	-1,682	-1,622	-1,538	-1,536	-1,493	2,276	2,126	1,070	-1,643
Capital Expenditures (CapEx)	44	44	38	46	39	36	25	31	34	31	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-549	-414	-328	-334	-322	-312	-282	3,455	3,286	2,303	-359
Debt-free Net Working Capital (DFNWC)	1,855	2,045	2,099	2,068	2,040	2,198	2,152	5,895	6,066	5,454	2,787
Net Working Capital (NWC)	1,855	2,045	2,099	2,068	2,040	2,198	2,152	5,895	6,066	5,454	2,787
Net Nonoperating Expense (NNE)	-85	7.39	-6.29	21	46	25	35	-11	71	50	-7.66
Net Nonoperating Obligations (NNO)	-1,868	-1,813	-1,658	-1,600	-1,515	-1,516	-1,479	2,290	2,138	1,076	-1,636
Total Depreciation and Amortization (D&A)	6.00	-0.80	45	0.14	-2.55	14	22	37	3.68	1.30	2.96
Debt-free, Cash-free Net Working Capital to Revenue	-19.61%	-16.39%	-14.14%	-15.81%	-16.80%	-18.14%	-17.77%	229.35%	222.04%	159.76%	-26.63%
Debt-free Net Working Capital to Revenue	66.24%	80.97%	90.34%	98.01%	106.57%	127.56%	135.54%	391.38%	409.85%	378.34%	206.54%
Net Working Capital to Revenue	66.24%	80.97%	90.34%	98.01%	106.57%	127.56%	135.54%	391.38%	409.85%	378.34%	206.54%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.25	($0.31)	($0.13)	($0.43)	($0.54)	($0.57)	($0.69)	($0.69)	($1.10)	($0.86)	($0.62)
Adjusted Weighted Average Basic Shares Outstanding	322.28M	318.23M	309.86M	312.63M	307.57M	303.84M	295.34M	297.20M	293.68M	290.93M	281.70M
Adjusted Diluted Earnings per Share	$0.23	($0.31)	($0.13)	($0.43)	($0.54)	($0.57)	($0.69)	($0.69)	($1.10)	($0.86)	($0.62)
Adjusted Weighted Average Diluted Shares Outstanding	345.20M	318.23M	309.86M	312.63M	307.57M	303.84M	295.34M	297.20M	293.68M	290.93M	281.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	318.06M	314.06M	311.12M	309.12M	306.87M	301.73M	299.30M	295.69M	293.99M	290.15M	289.07M
Normalized Net Operating Profit after Tax (NOPAT)	-4.19	-93	-52	-109	-121	-147	-170	-193	-252	-201	-194
Normalized NOPAT Margin	-0.48%	-13.29%	-7.82%	-18.90%	-20.39%	-29.53%	-38.14%	-50.55%	-62.99%	-55.65%	-53.29%
Pre Tax Income Margin	9.56%	-14.08%	-6.70%	-23.09%	-28.35%	-34.39%	-46.49%	-54.21%	-81.09%	-69.53%	-56.17%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-125.67%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	-0.01%	-0.02%	-0.03%	-0.01%

Frequently Asked Questions About Affirm's Financials

When does Affirm's financial year end?

According to the most recent income statement we have on file, Affirm's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Affirm's net income changed over the last 5 years?

Affirm's net income appears to be on an upward trend, with a most recent value of -$517.76 million in 2024, rising from -$120.46 million in 2019. The previous period was -$985.35 million in 2023. See where experts think Affirm is headed by visiting Affirm's forecast page.

What is Affirm's operating income?

Affirm's total operating income in 2024 was -$615.85 million, based on the following breakdown:

Total Gross Profit: $2.32 billion
Total Operating Expenses: $2.94 billion

How has Affirm revenue changed over the last 5 years?

Over the last 5 years, Affirm's total revenue changed from $264.37 million in 2019 to $2.32 billion in 2024, a change of 778.7%.

How much debt does Affirm have?

Affirm's total liabilities were at $6.79 billion at the end of 2024, a 20.7% increase from 2023, and a 603.3% increase since 2020.

How much cash does Affirm have?

In the past 4 years, Affirm's cash and equivalents has ranged from $267.06 million in 2020 to $1.47 billion in 2021, and is currently $1.01 billion as of their latest financial filing in 2024.

How has Affirm's book value per share changed over the last 5 years?

Over the last 5 years, Affirm's book value per share changed from 0.00 in 2019 to 8.84 in 2024, a change of 883.8%.

Related Companies

This page (NASDAQ:AFRM) was last updated on 5/17/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Affirm (AFRM) Financials

Frequently Asked Questions About Affirm's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Affirm (AFRM) Financials

Annual Income Statements for Affirm

Quarterly Income Statements for Affirm

Annual Cash Flow Statements for Affirm

Quarterly Cash Flow Statements for Affirm

Annual Balance Sheets for Affirm

Quarterly Balance Sheets for Affirm

Annual Metrics And Ratios for Affirm

Quarterly Metrics And Ratios for Affirm

Frequently Asked Questions About Affirm's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools