Affirm Holdings (AFRM) EBITDA Margin (2019 - 2026)
Affirm Holdings (AFRM) posted EBITDA Margin of 12.63% for Q2 2026, up 48.36% on a QoQ basis from 8.51% in Q1 2026, and up 600.0% year-over-year from 1.8% in Q2 2025.
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Affirm Holdings (AFRM) EBITDA Margin (2019 - 2026) Analysis & Trends
Affirm Holdings has reported EBITDA Margin for 8 years, with the latest figure at 12.63% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 600.0% year-over-year to 12.63% in Q2 2026; TTM through Jun 2026 was 9.79%, a 1249.0% increase from a year earlier, with the FY2026 full-year figure at 9.79%, up 1249.0% from the prior year.
- EBITDA Margin was 12.63% for Q2 2026 at Affirm Holdings, up from 8.51% in the prior quarter.
- The five-year high for EBITDA Margin was 12.63% in Q2 2026, with the low at 89.98% in Q4 2022.
- Average EBITDA Margin over 5 years is 29.52%, with a median of 23.45% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin tumbled 3564 bps in 2022, then jumped 6086 bps in 2023.
- Over 5 years, EBITDA Margin stood at 89.98% in 2022, then jumped by 68 bps to 29.12% in 2023, then soared by 98 bps to 0.5% in 2024, then surged by 2200 bps to 10.47% in 2025, then advanced by 21 bps to 12.63% in 2026.
- The last three EBITDA Margin figures came in at 12.63% (Q2 2026), 8.51% (Q1 2026), and 10.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 24.38 Bn | 8.19 Bn | - | 44.85% |
| 2 | Affirm Holdings | 24.01 Bn | 22.38 Bn | - | 12.63% |
| 3 | FirstCash Holdings | 9.50 Bn | 9.33 Bn | 533.67 Mn | 11.82% |
| 4 | Credit Acceptance | 6.00 Bn | 5.51 Bn | 569.30 Mn | 25.62% |
| 5 | Slm | 4.72 Bn | -77.52 Mn | - | 82.92% |
| 6 | Enova International | 4.35 Bn | 4.22 Bn | 568.07 Mn | 25.53% |
| 7 | Bread Financial Holdings | 4.20 Bn | -15.89 Bn | 957.00 Mn | 47.73% |
| 8 | StoneCo | 2.99 Bn | 1.38 Bn | 308.97 Mn | 49.45% |
| 9 | Ezcorp | 1.88 Bn | 1.57 Bn | 246.19 Mn | 13.09% |
| 10 | Navient | 1.64 Bn | 275.03 Mn | - | 338.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.63% |
| Mar 31, 2026 | 8.51% |
| Dec 31, 2025 | 10.47% |
| Sep 30, 2025 | 6.82% |
| Jun 30, 2025 | 6.63% |
| Mar 31, 2025 | -1.07% |
| Dec 31, 2024 | -0.50% |
| Sep 30, 2024 | -18.99% |
| Jun 30, 2024 | -11.14% |
| Mar 31, 2024 | -27.91% |
| Dec 31, 2023 | -29.12% |
| Sep 30, 2023 | -42.18% |
| Jun 30, 2023 | -54.69% |
| Mar 31, 2023 | -81.38% |
| Dec 31, 2022 | -89.98% |
| Sep 30, 2022 | -79.49% |
| Jun 30, 2022 | -76.13% |
| Mar 31, 2022 | -63.86% |
| Dec 31, 2021 | -54.35% |
| Sep 30, 2021 | -61.65% |