Affirm Holdings (AFRM) Cost of Revenue (2019 - 2026)

Affirm Holdings (AFRM) has reported Cost of Revenue for 8 consecutive years, with $72.9 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 1.58% year-over-year to $72.9 million; the TTM figure through Mar 2026 stood at $329.7 million (down 32.8% YoY), while the FY2025 annual figure was $434.8 million, down 24.56% from the prior year.
• Cost of Revenue came in at $72.9 million for Q1 2026 at Affirm Holdings, down from $98.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $188.3 million in Q4 2022, with the low at $72.9 million in Q1 2026.
• Average Cost of Revenue over 5 years is $130.9 million, with a median of $140.9 million recorded in 2023.
• Across the five-year window, Cost of Revenue surged 170.72% in 2022 and sank 45.96% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $188.3 million in 2022, then retreated by 14.37% to $161.3 million in 2023, then retreated by 15.64% to $136.0 million in 2024, then slipped by 27.39% to $98.8 million in 2025, then retreated by 26.25% to $72.9 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $72.9 million, $98.8 million, and $78.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.