Affirm Holdings (AFRM) EBITDA Margin (2019 - 2026)

Affirm Holdings (AFRM) posted quarterly EBITDA Margin of 28.77% for Q1 2026, up 2663.0% year-over-year from 1.04% in Q1 2025, and up 135.8% on a QoQ basis from 12.2% in Q4 2025.

Affirm Holdings (AFRM) EBITDA Margin (2019 - 2026) Analysis & Trends

Affirm Holdings (AFRM) has reported EBITDA Margin for 8 consecutive years, with 28.77% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin rose 2663.0% year-over-year to 28.77%; the TTM figure through Mar 2026 stood at 19.35% (down 27467.0% YoY), while the FY2025 annual figure was 5.27%, up 6869.0% from the prior year.
  • EBITDA Margin came in at 28.77% for Q1 2026 at Affirm Holdings, up from 12.2% in the prior quarter.
  • The five-year high for EBITDA Margin was 32.19% in Q2 2025, with the low at 101.19% in Q3 2023.
  • Average EBITDA Margin over 5 years is 19.64%, with a median of 17.51% recorded in 2023.
  • Across the five-year window, EBITDA Margin soared 20133 bps in 2022 and sank 3838 bps in 2023, its largest moves.
  • Year by year, EBITDA Margin stood at 78.8% in 2022, then surged by 68 bps to 25.18% in 2023, then surged by 155 bps to 13.84% in 2024, then retreated by 12 bps to 12.2% in 2025, then soared by 136 bps to 28.77% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 28.77%, 12.2%, and 22.27% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 64.42%
2 Mastercard 465.55 Bn 455.34 Bn - 58.43%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 18.77%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 17.81%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 28.77%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 13.91%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 15.79%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 24.11%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 15.96%
10 Sezzle 5.91 Bn 5.79 Bn - 37.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.77%
Dec 31, 2025 12.20%
Sep 30, 2025 22.27%
Jun 30, 2025 32.19%
Mar 31, 2025 2.15%
Dec 31, 2024 13.84%
Sep 30, 2024 -37.87%
Jun 30, 2024 5.90%
Mar 31, 2024 -25.01%
Dec 31, 2023 -25.18%
Sep 30, 2023 -101.19%
Jun 30, 2023 -17.51%
Mar 31, 2023 -52.86%
Dec 31, 2022 -78.80%
Sep 30, 2022 -76.97%
Jun 30, 2022 -21.41%
Mar 31, 2022 -14.48%
Dec 31, 2021 -43.78%
Sep 30, 2021 -278.30%
Jun 30, 2021 -22.11%