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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Affirm Holdings (AFRM) Gross Margin (2019 - 2025)

Affirm Holdings (AFRM) has 6 years of Gross Margin data on record, last reported at 75.39% in Q4 2025.

  • For Q4 2025, Gross Margin fell 891.0% year-over-year to 75.39%; the TTM value through Dec 2025 reached 22.09%, down 7992.0%, while the annual FY2025 figure was 60.96%, 3075.0% up from the prior year.
  • Gross Margin reached 75.39% in Q4 2025 per AFRM's latest filing, roughly flat from 75.51% in the prior quarter.
  • Across five years, Gross Margin topped out at 135.11% in Q2 2021 and bottomed at 15.45% in Q4 2022.
  • Average Gross Margin over 5 years is 77.43%, with a median of 75.88% recorded in 2025.
  • Peak YoY movement for Gross Margin: tumbled -8144bps in 2022, then soared 8816bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 60.26% in 2021, then tumbled by -126bps to 15.45% in 2022, then skyrocketed by 571bps to 72.72% in 2023, then increased by 16bps to 84.3% in 2024, then decreased by -11bps to 75.39% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 75.39% in Q4 2025, 75.51% in Q3 2025, and 106.45% in Q2 2025.