Affirm Holdings (AFRM) EBITDA Margin (2020 - 2026)
Affirm Holdings (AFRM) recorded EBITDA Margin of 20.12% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 6.19 percentage points from 13.93% a year earlier and up 4.38 percentage points from the prior quarter.
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Analysis
Affirm Holdings (AFRM) EBITDA Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Affirm Holdings reported EBITDA Margin of 16.90%, up 12.63 percentage points from FY2025.
- Annual EBITDA Margin has increased for three straight fiscal years, with a five-year change of +58.69 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBITDA Margin came in at 4.27% in FY2025 (+23.51 pp), -19.23% in FY2024 (+47.91 pp), -67.14% in FY2023 (-6.87 pp) and -60.28% in FY2022 (-18.50 pp).
- The fiscal Q4 2026 figure is the highest quarterly EBITDA Margin since fiscal Q4 2020.
- On a year-over-year basis, EBITDA Margin has increased for 13 consecutive quarters, with an average year-over-year change of +18.54 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 59.59 percentage points in fiscal Q2 2024, against a drop of 40.74 percentage points in fiscal Q1 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 15.74% (Q3 2026), 17.21% (Q2 2026) and 13.82% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 40.99 Bn | 9.71 Bn | 12.74 Bn | - |
| 2 | Rocket Companies | 35.89 Bn | 35.89 Bn | - | - |
| 3 | Royalty Pharma | 29.95 Bn | 26.91 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.64 Bn | 26.64 Bn | - | - |
| 5 | Affirm Holdings | 24.55 Bn | 18.24 Bn | - | 20.76% |
| 6 | Synchrony Financial | 24.01 Bn | -43.61 Bn | - | 47.01% |
| 7 | Royal Gold | 19.26 Bn | 18.43 Bn | 390.45 Mn | 83.49% |
| 8 | Annaly Capital Management | 13.94 Bn | 4.90 Bn | - | 52.57% |
| 9 | Ares Capital | 13.71 Bn | 11.46 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 13.42 Bn | 13.42 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.76% |
| Mar 31, 2026 | 16.39% |
| Dec 31, 2025 | 17.85% |
| Sep 30, 2025 | 14.55% |
| Jun 30, 2025 | 14.74% |
| Mar 31, 2025 | 7.84% |
| Dec 31, 2024 | 6.63% |
| Sep 30, 2024 | -11.43% |
| Jun 30, 2024 | -0.37% |
| Mar 31, 2024 | -20.42% |
| Dec 31, 2023 | -23.42% |
| Sep 30, 2023 | -32.98% |
| Jun 30, 2023 | -43.34% |
| Mar 31, 2023 | -65.91% |
| Dec 31, 2022 | -84.06% |
| Sep 30, 2022 | -73.42% |
| Jun 30, 2022 | -70.63% |
| Mar 31, 2022 | -59.14% |
| Dec 31, 2021 | -49.83% |
| Sep 30, 2021 | -55.79% |
API Access
Affirm Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AFRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "AFRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AFRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();