The Filings Report

Affirm Holdings, Inc. Class A Common Stock

AFRMNasdaqCIK 1820953Financial / Paymentsfiscal year ends June28 quarters since 2019

Revenue, Q4 FY2026
$1.2B
+33.0% on Q4 FY2025
Net income
$1.6B
+2234.7% on Q4 FY2025
Free cash flow
$229M
+875.0% on Q4 FY2025
Diluted EPS
—
not filed for a derived quarter
Revenue, TTM
$4.3B
trailing four quarters
Net margin, TTM
45.3%
net income $1.9B
Free cash flow, TTM
$993M
$1.2B less $238M capex
Cash and equivalents
$1.6B
long-term debt $9.8B, Jun 30, 2026
Shares, 12-month change
—
— shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
—
at the close, buybacks

Latest quarter Q4 FY2026, filed August 27, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q4 FY2026, the quarter ended June 30, 2026, Affirm Holdings, Inc. Class A Common Stock reported revenue of $1.2B, +33.0% on Q4 FY2025, and net income of $1.6B (+2234.7%). Operating margin was 12.6%. Free cash flow, operating cash flow less capital expenditures, was $229M ($296M less $67M). The income statement for this quarter is derived from the annual filing, so no per-share figure is shown; per-share values are never computed by subtraction.

The last 16 quarters

Q1 FY2023 to Q4 FY2026, through the filing of August 27, 2026.

Revenue and net incomeRevenueNet income
−$500M$0$500M$1.0B$1.5B$2.0BQ1'23, Revenue: $362MQ1'23, Net income: −$251MQ1'23Q2'23, Revenue: $400MQ2'23, Net income: −$322MQ2'23Q3'23, Revenue: $381MQ3'23, Net income: −$206MQ3'23Q4'23, Revenue: $446MQ4'23, Net income: −$206MQ4'23Q1'24, Revenue: $497MQ1'24, Net income: −$172MQ1'24Q2'24, Revenue: $591MQ2'24, Net income: −$167MQ2'24Q3'24, Revenue: $576MQ3'24, Net income: −$134MQ3'24Q4'24, Revenue: $659MQ4'24, Net income: −$45MQ4'24Q1'25, Revenue: $698MQ1'25, Net income: −$100MQ1'25Q2'25, Revenue: $866MQ2'25, Net income: $80MQ2'25Q3'25, Revenue: $783MQ3'25, Net income: $3MQ3'25Q4'25, Revenue: $876MQ4'25, Net income: $69MQ4'25Q1'26, Revenue: $933MQ1'26, Net income: $81MQ1'26Q2'26, Revenue: $1.1BQ2'26, Net income: $130MQ2'26Q3'26, Revenue: $1.0BQ3'26, Net income: $103MQ3'26Q4'26, Revenue: $1.2BQ4'26, Net income: $1.6BQ4'26−$500M$0$500M$1.0B$1.5B$2.0BQ1'23, Revenue: $362MQ1'23, Net income: −$251MQ2'23, Revenue: $400MQ2'23, Net income: −$322MQ2'23Q3'23, Revenue: $381MQ3'23, Net income: −$206MQ4'23, Revenue: $446MQ4'23, Net income: −$206MQ4'23Q1'24, Revenue: $497MQ1'24, Net income: −$172MQ2'24, Revenue: $591MQ2'24, Net income: −$167MQ2'24Q3'24, Revenue: $576MQ3'24, Net income: −$134MQ4'24, Revenue: $659MQ4'24, Net income: −$45MQ4'24Q1'25, Revenue: $698MQ1'25, Net income: −$100MQ2'25, Revenue: $866MQ2'25, Net income: $80MQ2'25Q3'25, Revenue: $783MQ3'25, Net income: $3MQ4'25, Revenue: $876MQ4'25, Net income: $69MQ4'25Q1'26, Revenue: $933MQ1'26, Net income: $81MQ2'26, Revenue: $1.1BQ2'26, Net income: $130MQ2'26Q3'26, Revenue: $1.0BQ3'26, Net income: $103MQ4'26, Revenue: $1.2BQ4'26, Net income: $1.6BQ4'26

Net income losses drawn in red.

Free cash flow
−$200M$0$200M$400MQ1'23, Free cash flow: $20MQ1'23Q2'23, Free cash flow: −$63MQ2'23Q3'23, Free cash flow: −$85MQ3'23Q4'23, Free cash flow: $19MQ4'23Q1'24, Free cash flow: $63MQ1'24Q2'24, Free cash flow: $36MQ2'24Q3'24, Free cash flow: $162MQ3'24Q4'24, Free cash flow: $31MQ4'24Q1'25, Free cash flow: $153MQ1'25Q2'25, Free cash flow: $268MQ2'25Q3'25, Free cash flow: $157MQ3'25Q4'25, Free cash flow: $24MQ4'25Q1'26, Free cash flow: $320MQ1'26Q2'26, Free cash flow: $118MQ2'26Q3'26, Free cash flow: $325MQ3'26Q4'26, Free cash flow: $229MQ4'26−$200M$0$200M$400MQ1'23, Free cash flow: $20MQ2'23, Free cash flow: −$63MQ2'23Q3'23, Free cash flow: −$85MQ4'23, Free cash flow: $19MQ4'23Q1'24, Free cash flow: $63MQ2'24, Free cash flow: $36MQ2'24Q3'24, Free cash flow: $162MQ4'24, Free cash flow: $31MQ4'24Q1'25, Free cash flow: $153MQ2'25, Free cash flow: $268MQ2'25Q3'25, Free cash flow: $157MQ4'25, Free cash flow: $24MQ4'25Q1'26, Free cash flow: $320MQ2'26, Free cash flow: $118MQ2'26Q3'26, Free cash flow: $325MQ4'26, Free cash flow: $229MQ4'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$3B$5B$8B$10BQ1'23, Cash and equivalents: $1.5BQ1'23Q2'23, Cash and equivalents: $1.4BQ2'23Q3'23, Cash and equivalents: $972MQ3'23Q4'23, Cash and equivalents: $892MQ4'23Q1'24, Cash and equivalents: $1.1BQ1'24Q2'24, Cash and equivalents: $1.0BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24Q4'24, Cash and equivalents: $1.0BQ4'24, Long-term debt: $1.8BQ4'24Q1'25, Cash and equivalents: $1.0BQ1'25Q2'25, Cash and equivalents: $1.2BQ2'25, Long-term debt: $7.3BQ2'25Q3'25, Cash and equivalents: $1.4BQ3'25, Long-term debt: $7.1BQ3'25Q4'25, Cash and equivalents: $1.4BQ4'25, Long-term debt: $7.6BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $7.7BQ1'26Q2'26, Cash and equivalents: $1.5BQ2'26, Long-term debt: $9.0BQ2'26Q3'26, Cash and equivalents: $1.7BQ3'26, Long-term debt: $8.9BQ3'26Q4'26, Cash and equivalents: $1.6BQ4'26, Long-term debt: $9.8BQ4'26$0$3B$5B$8B$10BQ1'23, Cash and equivalents: $1.5BQ2'23, Cash and equivalents: $1.4BQ2'23Q3'23, Cash and equivalents: $972MQ4'23, Cash and equivalents: $892MQ4'23Q1'24, Cash and equivalents: $1.1BQ2'24, Cash and equivalents: $1.0BQ2'24Q3'24, Cash and equivalents: $1.3BQ4'24, Cash and equivalents: $1.0BQ4'24, Long-term debt: $1.8BQ4'24Q1'25, Cash and equivalents: $1.0BQ2'25, Cash and equivalents: $1.2BQ2'25, Long-term debt: $7.3BQ2'25Q3'25, Cash and equivalents: $1.4BQ3'25, Long-term debt: $7.1BQ4'25, Cash and equivalents: $1.4BQ4'25, Long-term debt: $7.6BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $7.7BQ2'26, Cash and equivalents: $1.5BQ2'26, Long-term debt: $9.0BQ2'26Q3'26, Cash and equivalents: $1.7BQ3'26, Long-term debt: $8.9BQ4'26, Cash and equivalents: $1.6BQ4'26, Long-term debt: $9.8BQ4'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q4 FY2026 filed August 27, 2026.

Affirm Holdings, Inc. Class A Common Stock income statement, quarterly
Millions of dollarsQ4 FY2026ended Jun 30, 2026filed Aug 27, 2026Q3 FY2026ended Mar 31, 2026filed May 7, 2026Q2 FY2026ended Dec 31, 2025filed Feb 5, 2026Q1 FY2026ended Sep 30, 2025filed Nov 6, 2025Q4 FY2025ended Jun 30, 2025filed Aug 28, 2025Q3 FY2025ended Mar 31, 2025filed May 9, 2025Q2 FY2025ended Dec 31, 2024filed Feb 6, 2025Q1 FY2025ended Sep 30, 2024filed Nov 7, 2024YoYQ4 FY2026vs Q4 FY2025
Revenue1,1661,0391,123933876783866698+33.0%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative147145141145133134139138+10.5%
Operating income147881186458(8)(4)—+153.6%
Other income (expense)2219161914148734+61.5%
Pretax income1691071338372583(98)+136.2%
Income tax(1,448)4422322−62039.2%
Net income1,6171031308169380(100)+2234.7%
Diluted EPS ($)—0.300.370.23—0.010.23(0.31)—
Diluted shares (millions)—348349348—344345318—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q4 FY2026 filed August 27, 2026.

Affirm Holdings, Inc. Class A Common Stock balance sheet, quarterly
Millions of dollarsQ4 FY2026ended Jun 30, 2026filed Aug 27, 2026Q3 FY2026ended Mar 31, 2026filed May 7, 2026Q2 FY2026ended Dec 31, 2025filed Feb 5, 2026Q1 FY2026ended Sep 30, 2025filed Nov 6, 2025Q4 FY2025ended Jun 30, 2025filed Aug 28, 2025Q3 FY2025ended Mar 31, 2025filed May 9, 2025Q2 FY2025ended Dec 31, 2024filed Feb 6, 2025Q1 FY2025ended Sep 30, 2024filed Nov 7, 2024YoYQ4 FY2026vs Q4 FY2025
Cash and equivalents1,6301,7231,5281,4291,3541,3511,2001,046+20.3%
Short-term investments—————————
Total current assets—————————
Total assets15,79013,14212,95711,47911,15510,43610,48110,139+41.6%
Total current liabilities—————————
Long-term debt9,7948,8749,0097,7367,6107,1467,307—+28.7%
Total liabilities10,3069,3589,4108,1808,0867,5617,6967,304+27.5%
Stockholders’ equity5,4843,7833,5473,2993,0692,8752,7862,836+78.7%
Shares outstanding (millions)—————————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q4 FY2026 filed August 27, 2026.

Affirm Holdings, Inc. Class A Common Stock cash flow statement, quarterly
Millions of dollarsQ4 FY2026ended Jun 30, 2026filed Aug 27, 2026Q3 FY2026ended Mar 31, 2026filed May 7, 2026Q2 FY2026ended Dec 31, 2025filed Feb 5, 2026Q1 FY2026ended Sep 30, 2025filed Nov 6, 2025Q4 FY2025ended Jun 30, 2025filed Aug 28, 2025Q3 FY2025ended Mar 31, 2025filed May 9, 2025Q2 FY2025ended Dec 31, 2024filed Feb 6, 2025Q1 FY2025ended Sep 30, 2024filed Nov 7, 2024YoYQ4 FY2026vs Q4 FY2025
Operating cash flow29638717437575210312197+296.8%
Capital expenditures6761565451534444+30.8%
Free cash flow (CFO − capex)22932511832024157268153+875.0%
Depreciation and amortization8775766564595547+36.5%
Share repurchases00——00———
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed August 27, 2026.

Income statement

Affirm Holdings, Inc. Class A Common Stock income statement, annual
Millions of dollarsFY2026ended Jun 30, 2026filed Aug 27, 2026FY2025ended Jun 30, 2025filed Aug 28, 2025FY2024ended Jun 30, 2024filed Aug 28, 2024FY2023ended Jun 30, 2023filed Aug 25, 2023FY2022ended Jun 30, 2022filed Aug 29, 2022FY2021ended Jun 30, 2021filed Sep 17, 2021FY2020ended Jun 30, 2020filed Feb 17, 2021FY2019ended Jun 30, 2019filed Feb 17, 2021
Revenue4,2613,2242,3231,5881,349870510264
Cost of revenue————————
Gross profit————————
Research and development————————
Selling, general and administrative57854552558657738412189
Operating income417(87)(616)(1,201)(866)(384)(108)(127)
Other income (expense)76149100212141(60)(4)7
Pretax income49361(516)(989)(725)(443)(112)(120)
Income tax(1,437)92(4)(17)(2)00
Net income1,93052(518)(985)(707)(441)(113)(120)
Diluted EPS ($)5.530.15(1.67)(3.34)(2.51)(2.94)(2.63)(2.84)
Diluted shares (millions)3493413102952821594847

Balance sheet

Affirm Holdings, Inc. Class A Common Stock balance sheet, annual
Millions of dollarsFY2026ended Jun 30, 2026filed Aug 27, 2026FY2025ended Jun 30, 2025filed Aug 28, 2025FY2024ended Jun 30, 2024filed Aug 28, 2024FY2023ended Jun 30, 2023filed Aug 25, 2023FY2022ended Jun 30, 2022filed Aug 29, 2022FY2021ended Jun 30, 2021filed Sep 17, 2021FY2020ended Jun 30, 2020filed Feb 17, 2021FY2019ended Jun 30, 2019filed Feb 17, 2021
Cash and equivalents1,6301,3541,0138921,2551,467267—
Short-term investments————————
Total current assets————————
Total assets15,79011,1559,5208,1566,9744,8671,402—
Total current liabilities————————
Long-term debt9,7947,6101,837—————
Total liabilities10,3068,0866,7885,6214,3562,291965—
Stockholders’ equity5,4843,0692,7322,5342,6182,576(367)(263)
Shares outstanding (millions)————————

Cash flow statement

Affirm Holdings, Inc. Class A Common Stock cash flow statement, annual
Millions of dollarsFY2026ended Jun 30, 2026filed Aug 27, 2026FY2025ended Jun 30, 2025filed Aug 28, 2025FY2024ended Jun 30, 2024filed Aug 28, 2024FY2023ended Jun 30, 2023filed Aug 25, 2023FY2022ended Jun 30, 2022filed Aug 29, 2022FY2021ended Jun 30, 2021filed Sep 17, 2021FY2020ended Jun 30, 2020filed Feb 17, 2021FY2019ended Jun 30, 2019filed Feb 17, 2021
Operating cash flow1,23179445012(162)(193)(71)(88)
Capital expenditures23819215912186202119
Free cash flow (CFO − capex)993602291(109)(248)(213)(92)(107)
Depreciation and amortization303225169135532095
Share repurchases02500001193
Dividends paid————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$24M
12 sales by 5 insiders; officers and directors $24M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$89M
19 sales by 6 insiders; officers and directors $89M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise17,023$17.19$293K19,757Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise1,866$41.80$78K21,623Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise10,239$22.30$228K31,862Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise21,836$23.35$510K53,698Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise8,991$44.06$396K62,689Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeroption exercise5,636$57.59$325K68,325Oct 14, 2026
Oct 9, 2026O'Hare RobertChief Financial Officeropen-market sale10b5-165,591$80.02$5M2,734Oct 14, 2026
Sep 14, 2026Jiyane SipheleleChief Accounting Officeropen-market sale26,980$72.19$2M188,711Sep 16, 2026
Sep 4, 2026Jiyane SipheleleChief Accounting Officeropen-market sale25,000$72.41$2M215,691Sep 9, 2026
Sep 3, 2026Adkins KatherineChief Legal Officeroption exercise4,404$22.30$98K156,843Sep 3, 2026
Sep 3, 2026Adkins KatherineChief Legal Officeroption exercise37,260$23.35$870K194,103Sep 3, 2026
Sep 3, 2026Adkins KatherineChief Legal Officeropen-market sale10b5-141,664$75.53$3M152,439Sep 3, 2026
Sep 2, 2026O'Hare RobertChief Financial Officeropen-market sale10b5-15,886$74.02$436K2,734Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officeroption exercise10,594$0.00—157,234Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officertax withholding4,795$69.94$335K152,439Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officeroption exercise41,664$22.30$929K194,103Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officeropen-market sale10b5-123,765$70.13$2M170,338Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officeropen-market sale10b5-115,599$71.00$1M154,739Sep 3, 2026
Sep 1, 2026Adkins KatherineChief Legal Officeropen-market sale10b5-12,300$71.87$165K152,439Sep 3, 2026
Sep 1, 2026O'Hare RobertChief Financial Officeroption exercise11,987$0.00—30,466Sep 3, 2026
Sep 1, 2026O'Hare RobertChief Financial Officertax withholding6,101$69.94$427K24,365Sep 3, 2026
Sep 1, 2026O'Hare RobertChief Financial Officeropen-market sale10b5-115,545$71.59$1M8,820Sep 3, 2026
Sep 1, 2026O'Hare RobertChief Financial Officeropen-market sale10b5-1200$72.51$15K8,620Sep 3, 2026
Sep 1, 2026Michalek LiborPresident, Directoroption exercise11,364$0.00—236,261Sep 3, 2026
Sep 1, 2026Michalek LiborPresident, Directortax withholding5,784$69.94$405K230,477Sep 3, 2026

Full insider history for Affirm Holdings, Inc. Class A Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 6; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Affirm Holdings, Inc., CIK 1820953 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: operating income FY2025
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): not filed

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/AFRM.json