Affirm Holdings (AFRM) Free Cash Flow (2020 - 2026)

Affirm Holdings (AFRM) posted quarterly Free Cash Flow of $22.7 billion for Q1 2026, up 201.11% year-over-year from $7.5 billion in Q1 2025, and up 281.55% on a QoQ basis from -$12.5 billion in Q4 2025.

Affirm Holdings (AFRM) Free Cash Flow (2020 - 2026) Analysis & Trends

Affirm Holdings (AFRM) has reported Free Cash Flow for 7 consecutive years, with $22.7 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 201.11% year-over-year to $22.7 billion; the TTM figure through Mar 2026 stood at $23.4 billion (up 457.29% YoY), while the FY2025 annual figure was $601.7 million, up 106.89% from the prior year.
  • Free Cash Flow came in at $22.7 billion for Q1 2026 at Affirm Holdings, up from -$12.5 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $22.7 billion in Q1 2026, with the low at -$22.4 billion in Q1 2025.
  • Average Free Cash Flow over 5 years is -$521.4 million, with a median of $18.9 million recorded in 2023.
  • Across the five-year window, Free Cash Flow sank 14435.48% in 2022 and jumped 81600.25% in 2024, its largest moves.
  • Year by year, Free Cash Flow stood at -$3.8 billion in 2022, then jumped by 100.93% to $35.6 million in 2023, then jumped by 653.67% to $268.1 million in 2024, then slumped by 4759.01% to -$12.5 billion in 2025, then soared by 281.55% to $22.7 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $22.7 billion, -$12.5 billion, and -$9.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 2.63 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 2.82 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 2.66 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 903.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 22.68 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -2.38 Bn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.37 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 268.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 66.48 Mn
10 Sezzle 5.91 Bn 5.79 Bn - 88.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.68 Bn
Mar 31, 2026 22.68 Bn
Dec 31, 2025 -12.49 Bn
Dec 31, 2025 -12.49 Bn
Sep 30, 2025 -9.42 Bn
Sep 30, 2025 -9.42 Bn
Jun 30, 2025 22.61 Bn
Jun 30, 2025 22.61 Bn
Mar 31, 2025 -22.43 Bn
Mar 31, 2025 -22.43 Bn
Dec 31, 2024 268.11 Mn
Dec 31, 2024 268.11 Mn
Sep 30, 2024 152.72 Mn
Sep 30, 2024 152.72 Mn
Jun 30, 2024 15.47 Bn
Jun 30, 2024 15.47 Bn
Mar 31, 2024 -15.27 Bn
Mar 31, 2024 -15.27 Bn
Dec 31, 2023 35.57 Mn
Dec 31, 2023 35.57 Mn