Affirm Holdings (AFRM) Free Cash Flow (2020 - 2026)
Affirm Holdings (AFRM) posted quarterly Free Cash Flow of -$32.9 billion for Q1 2026, down 46.69% year-over-year from -$61.7 billion in Q1 2025, and down 433.65% quarter-over-quarter from $9.9 billion in Q4 2025.
Analysis
Affirm Holdings (AFRM) Free Cash Flow (2020 - 2026) Analysis & Trends
Affirm Holdings' Free Cash Flow history runs 7 years deep, the most recent figure standing at -$32.9 billion for Q1 2026.
- In Q1 2026, Free Cash Flow fell 46.69% year-over-year to -$32.9 billion; the TTM figure through Mar 2026 stood at -$42.2 billion (down 545.15% YoY), while the FY2025 annual figure was -$31.8 billion, down 11017.16% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$32.9 billion, down from $9.9 billion in the prior quarter.
- The five-year high for Free Cash Flow was $15.5 billion in Q2 2024, with the low at -$32.9 billion in Q1 2026.
- The 5-year median for Free Cash Flow is -$5.0 billion (2024), against an average of -$4.6 billion.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow plunged 16179.74% in 2023, then surged 494.54% in 2024.
- Affirm Holdings' Free Cash Flow stood at -$62.8 million in 2022, then slumped by 16179.74% to -$10.2 billion in 2023, then surged by 164.68% to $6.6 billion in 2024, then soared by 49.13% to $9.9 billion in 2025, then sank by 433.65% to -$32.9 billion in 2026.
- Business Quant data shows AFRM's Free Cash Flow at -$32.9 billion in Q1 2026, $9.9 billion in Q4 2025, and -$9.4 billion in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 6.14 Bn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 3.51 Bn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 4.47 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 8.08 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 1.78 Bn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -12.97 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 2.42 Bn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | -3.99 Bn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 1.35 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 83.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.97 Bn |
| Jun 30, 2026 | -12.97 Bn |
| Mar 31, 2026 | -10.55 Bn |
| Mar 31, 2026 | -10.55 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 | -9.74 Bn |
| Jun 30, 2025 | -9.74 Bn |
| Mar 31, 2025 | -7.47 Bn |
| Mar 31, 2025 | -7.47 Bn |
| Dec 31, 2024 | -8.35 Bn |
| Dec 31, 2024 | -8.35 Bn |
| Sep 30, 2024 | -6.19 Bn |
| Sep 30, 2024 | -6.19 Bn |
| Jun 30, 2024 | -5.86 Bn |
| Jun 30, 2024 | -5.86 Bn |
| Mar 31, 2024 | -5.02 Bn |
| Mar 31, 2024 | -5.02 Bn |