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| Date | Value |
|---|---|
| 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% |