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

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

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

Affirm Holdings' Capital Expenditures history runs 7 years deep, the most recent figure standing at -$22.3 billion for 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 was -$22.3 billion for Q1 2026 at Affirm Holdings, down from $12.7 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $22.6 billion in Q1 2025 to a low of -$22.5 billion in Q2 2025.
  • Historically, Capital Expenditures has averaged $645.2 million across 5 years, with a median of $44.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Capital Expenditures surged 15737455.56% in 2022, then tumbled 62043.49% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $3.8 billion in 2022, then plunged by 98.98% to $38.7 million in 2023, then gained by 13.31% to $43.9 million in 2024, then surged by 28746.61% to $12.7 billion in 2025, then plunged by 276.0% to -$22.3 billion in 2026.
  • The last three Capital Expenditures figures came in at -$22.3 billion (Q1 2026), $12.7 billion (Q4 2025), and $9.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 534.76 Bn 522.36 Bn - 383.00 Mn
2 Mastercard 431.99 Bn 421.78 Bn - 181.00 Mn
3 American Express 214.01 Bn 159.96 Bn 17.43 Bn 1.15 Bn
4 Capital One Financial 112.27 Bn 35.78 Bn - 553.00 Mn
5 PayPal Holdings 37.67 Bn 28.32 Bn 7.84 Bn 231.00 Mn
6 Synchrony Financial 24.15 Bn 3.59 Bn - -
7 Affirm Holdings 21.85 Bn 20.12 Bn 261.64 Mn -22.29 Bn
8 SoFi Technologies 21.08 Bn 17.68 Bn 929.25 Mn 67.55 Mn
9 Ally Financial 13.14 Bn 12.70 Bn 1.98 Bn -
10 Credit Acceptance 6.45 Bn 6.42 Bn 562.70 Mn 400,000.00

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