Affirm Holdings (AFRM) FCF Margin (2020 - 2026)
Affirm Holdings (AFRM) reported FCF Margin of 19.67% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 16.98 percentage points from 2.68% a year earlier but down 11.63 percentage points from the prior quarter.
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Analysis
Affirm Holdings (AFRM) FCF Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Affirm Holdings posted FCF Margin of 23.30%, up 4.63 percentage points from FY2025.
- FCF Margin has increased for five consecutive fiscal years, with a five-year change of +47.81 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 18.66% in FY2025 (+6.14 pp), 12.52% in FY2024 (+19.36 pp), -6.84% in FY2023 (+11.58 pp) and -18.42% in FY2022 (+6.10 pp).
- Five-year quarterly FCF Margin spans a low of -127.99% in fiscal Q2 2022 and a high of 129.48% in fiscal Q1 2022.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +5.55 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q1 2022 (a gain of 133.20 percentage points); the low point was fiscal Q1 2023 (a drop of 123.93 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 31.30% (Q3 2026), 10.51% (Q2 2026) and 34.31% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.07 Bn | 28.75 Bn | - | -44.76% |
| 2 | Orix | 41.51 Bn | 42.01 Bn | 4.68 Bn | - |
| 3 | Royalty Pharma | 32.73 Bn | 32.65 Bn | - | 108.06% |
| 4 | Affirm Holdings | 27.21 Bn | 20.90 Bn | - | 19.67% |
| 5 | Synchrony Financial | 23.66 Bn | -44.31 Bn | - | 51.00% |
| 6 | Federal National Mortgage Association Fannie Mae | 23.53 Bn | 23.53 Bn | - | 122.69% |
| 7 | Royal Gold | 20.00 Bn | 19.23 Bn | 390.45 Mn | 63.28% |
| 8 | Annaly Capital Management | 13.74 Bn | 4.84 Bn | - | - |
| 9 | Ares Capital | 13.33 Bn | 10.76 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 11.90 Bn | -6.84 Bn | - | 46.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.67% |
| Mar 31, 2026 | 31.30% |
| Dec 31, 2025 | 10.51% |
| Sep 30, 2025 | 34.31% |
| Jun 30, 2025 | 2.68% |
| Mar 31, 2025 | 20.10% |
| Dec 31, 2024 | 30.95% |
| Sep 30, 2024 | 21.86% |
| Jun 30, 2024 | 4.63% |
| Mar 31, 2024 | 28.06% |
| Dec 31, 2023 | 6.02% |
| Sep 30, 2023 | 12.70% |
| Jun 30, 2023 | 4.25% |
| Mar 31, 2023 | -22.26% |
| Dec 31, 2022 | -15.72% |
| Sep 30, 2022 | 5.55% |
| Jun 30, 2022 | -23.66% |
| Mar 31, 2022 | -13.83% |
| Dec 31, 2021 | -127.99% |
| Sep 30, 2021 | 129.48% |
API Access
Affirm Holdings FCF 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=fcf-margin&ticker=AFRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=AFRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();