Affirm Holdings (AFRM) Net Margin (2019 - 2026)
Affirm Holdings (AFRM) posted quarterly Net Margin of 30.76% for Q1 2026, up 2971.0% year-over-year from 1.0% in Q1 2025, and up 166.54% on a QoQ basis from 11.54% in Q4 2025.
Affirm Holdings (AFRM) Net Margin (2019 - 2026) Analysis & Trends
Affirm Holdings (AFRM) has reported Net Margin for 8 consecutive years, with 30.76% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 2971.0% year-over-year to 30.76%; the TTM figure through Mar 2026 stood at 18.34% (down 18607.0% YoY), while the FY2025 annual figure was 4.68%, up 6737.0% from the prior year.
- Net Margin came in at 30.76% for Q1 2026 at Affirm Holdings, up from 11.54% in the prior quarter.
- The five-year high for Net Margin was 30.76% in Q1 2026, with the low at 95.72% in Q3 2023.
- Average Net Margin over 5 years is 19.11%, with a median of 18.12% recorded in 2023.
- Across the five-year window, Net Margin surged 20519 bps in 2022 and tumbled 3858 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 80.69% in 2022, then jumped by 65 bps to 28.24% in 2023, then soared by 194 bps to 26.52% in 2024, then plunged by 56 bps to 11.54% in 2025, then surged by 167 bps to 30.76% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 30.76%, 11.54%, and 25.18% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 53.62% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 46.23% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 15.71% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 13.32% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 30.76% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 15.15% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 13.84% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 21.04% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 14.05% |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 37.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.76% |
| Dec 31, 2025 | 11.54% |
| Sep 30, 2025 | 25.18% |
| Jun 30, 2025 | 22.59% |
| Mar 31, 2025 | 1.04% |
| Dec 31, 2024 | 26.52% |
| Sep 30, 2024 | -43.23% |
| Jun 30, 2024 | 5.39% |
| Mar 31, 2024 | -23.25% |
| Dec 31, 2023 | -28.24% |
| Sep 30, 2023 | -95.72% |
| Jun 30, 2023 | -18.12% |
| Mar 31, 2023 | -53.99% |
| Dec 31, 2022 | -80.69% |
| Sep 30, 2022 | -69.48% |
| Jun 30, 2022 | -19.83% |
| Mar 31, 2022 | -15.41% |
| Dec 31, 2021 | -44.25% |
| Sep 30, 2021 | -274.67% |
| Jun 30, 2021 | -29.75% |