Affirm Holdings (AFRM) Capital Expenditures (2020 - 2026)

Affirm Holdings (AFRM) posted quarterly Capital Expenditures of -$22.3 billion for Q1 2026, down 198.46% year-over-year from $22.6 billion in Q1 2025, and down 276.0% on a QoQ basis from $12.7 billion in Q4 2025.

Affirm Holdings (AFRM) Capital Expenditures (2020 - 2026) Analysis & Trends

Affirm Holdings (AFRM) has reported Capital Expenditures for 7 consecutive years, with -$22.3 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures fell 198.46% year-over-year to -$22.3 billion; the TTM figure through Mar 2026 stood at -$22.4 billion (down 405.1% YoY), while the FY2025 annual figure was $192.2 million, up 20.65% from the prior year.
  • Capital Expenditures came in at -$22.3 billion for Q1 2026 at Affirm Holdings, down from $12.7 billion in the prior quarter.
  • The five-year high for Capital Expenditures was $22.6 billion in Q1 2025, with the low at -$22.5 billion in Q2 2025.
  • Average Capital Expenditures over 5 years is $645.2 million, with a median of $44.2 million recorded in 2024.
  • Across the five-year window, Capital Expenditures surged 15737455.56% in 2022 and plunged 62043.49% in 2024, its largest moves.
  • Year by year, Capital Expenditures stood at $3.8 billion in 2022, then sank by 98.98% to $38.7 million in 2023, then grew by 13.31% to $43.9 million in 2024, then surged by 28746.61% to $12.7 billion in 2025, then sank by 276.0% to -$22.3 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$22.3 billion, $12.7 billion, and $9.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 383.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 181.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.15 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 231.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -22.29 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 67.55 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 400,000.00
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - 351,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.29 Bn
Mar 31, 2026 -22.29 Bn
Dec 31, 2025 12.67 Bn
Dec 31, 2025 12.67 Bn
Sep 30, 2025 9.80 Bn
Sep 30, 2025 9.80 Bn
Jun 30, 2025 -22.54 Bn
Jun 30, 2025 -22.54 Bn
Mar 31, 2025 22.64 Bn
Mar 31, 2025 22.64 Bn
Dec 31, 2024 43.91 Mn
Dec 31, 2024 43.91 Mn
Sep 30, 2024 44.15 Mn
Sep 30, 2024 44.15 Mn
Jun 30, 2024 -15.40 Bn
Jun 30, 2024 -15.40 Bn
Mar 31, 2024 15.48 Bn
Mar 31, 2024 15.48 Bn
Dec 31, 2023 38.75 Mn
Dec 31, 2023 38.75 Mn