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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 has reported Gross Margin over the past 7 years, most recently at 91.2% for Q4 2025.

  • Quarterly results put Gross Margin at 91.2% for Q4 2025, up 691.0% from a year ago — trailing twelve months through Dec 2025 was 92.88% (up 3504.0% YoY), and the annual figure for FY2025 was 86.51%, up 5630.0%.
  • Gross Margin for Q4 2025 was 91.2% at Affirm Holdings, up from 75.51% in the prior quarter.
  • Over the last five years, Gross Margin for AFRM hit a ceiling of 139.6% in Q2 2022 and a floor of 8.31% in Q1 2022.
  • Median Gross Margin over the past 5 years was 75.14% (2021), compared with a mean of 71.6%.
  • Biggest five-year swings in Gross Margin: plummeted -8309bps in 2022 and later skyrocketed 7132bps in 2023.
  • Affirm Holdings' Gross Margin stood at 6.62% in 2021, then soared by 699bps to 52.86% in 2022, then tumbled by -45bps to 29.15% in 2023, then skyrocketed by 189bps to 84.3% in 2024, then increased by 8bps to 91.2% in 2025.
  • The last three reported values for Gross Margin were 91.2% (Q4 2025), 75.51% (Q3 2025), and 96.71% (Q2 2025) per Business Quant data.