Affirm Holdings, Inc.: stock overview

AFRMNASDAQFinancial services · Personal Credit Institutions

Price

$65.11

November 13, 2026Market cap $21.8B

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What Ploutos Investor adds for Affirm

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See the plans
  • The full history: 8 fiscal years, from FY2019
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Most of the reported profit is a tax credit, not money earned from customers. We leave out the P/E and the earnings growth, which would not compare with a company that paid tax.
  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

In short

Affirm had revenue of $4.6B over the last 12 months and net income of $2.0B, a net margin of 43.9%. Revenue grew by 37.4% a year on average over the last 5 years. It has net debt of $8.2B. It pays no dividend.

From its SEC filings (latest fiscal year to June 30, 2026) and the price of November 13, 2026.

Its SEC filings
Market cap
$21.8B
335M shares
P/E
–
Revenue, 12 months
$4.6B
+37.4% a year over 5 years
Net margin
43.9%
FY2025: 1.6%, above 41% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

FY2024–FY2026 fiscal years

+35.4% a year over 2 years

  • FY2026Jun 30, 202610-K
    Revenue$4.3B
  • FY2025Jun 30, 202510-K
    Revenue$3.2B
  • FY2024Jun 30, 202410-K
    Revenue$2.3B

Fiscal years in figures

AFRM's revenue, profit, cash flow and dividend with each year-end price, from FY2019 to FY2023, 5 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $22.3B
$21.8B
Enterprise value 
$30.0B
P/E 
–
EV / EBIT 
55.5
EV / Revenue 
6.5
P/B 3-year median: 5.0
3.8
FCF yield 3-year median: 3.1%
3.7%
Earnings yield 3-year median: 0.2%
–

Profitability

Operating margin 
11.8%
Net margin 3-year median: 1.6%
43.9%
ROIC 
3.2%
ROIC, 5-year average 
-3.1%
ROE 
46.0%

Growth

Revenue, yearly change 
+32.2%
EPS, yearly change 
–
FCF, yearly change 
+65.0%
Revenue, average a year 
+37.4%

The yearly change compares FY2026 with FY2025.

Balance sheet

Cash 
$2.1B
Total debt 
$10.3B
Of which operating leases 
$28M
Net debt 
$8.2B
Net debt / EBITDA 
9.7x
Interest cover 
1.1x
Current ratio 
–

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+3.8%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 61).

Operating margin

-2.7%

Above 50% of the 51 companies in its industry, and 29% of all.

Net margin

1.6%

Above 41% of the 105 companies in its industry, and 40% of all.

ROE

1.5%

Above 39% of the 102 companies in its industry, and 34% of all.

ROA

0.4%

Above 44% of the 109 companies in its industry, and 38% of all.

Revenue growth

38.8%

Above 82% of the 106 companies in its industry, and 92% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
Affirm Holdings, Inc.
CIK
1820953
Exchange
NASDAQ
Industry (SIC)
6141 · Personal Credit Institutions
Fiscal year ends
June 30
Latest annual report
June 30, 2026
Reporting currency
USD
Shares
335M

Other companies: Financial services

The largest companies of the same sector, each with its own page.

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The full analysis

What do Affirm's filings show?

These are Affirm's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about AFRM

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Ask us
What is AFRM's market cap?

Affirm Holdings, Inc.'s market cap is $21.8B, at a price of $65.11 on November 13, 2026 and 335M shares.

How much revenue does AFRM have?

Affirm had revenue of $4.6B over the last 12 months. Over the last 5 years it changed by +37.4% a year on average.

Does AFRM pay a dividend?

No. Affirm paid no regular dividend over the last 12 months.

Where do the figures come from?

From Affirm Holdings, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.