Affirm Holdings (AFRM) Net Margin (2019 - 2026)
Affirm Holdings (AFRM) posted quarterly Net Margin of 9.91% for Q1 2026, up 1028.0% year-over-year from 0.88% in Q1 2025, and down 69.3% quarter-over-quarter from 32.27% in Q4 2025.
Affirm Holdings (AFRM) Net Margin (2019 - 2026) Analysis & Trends
Affirm Holdings' Net Margin history runs 8 years deep, the most recent figure standing at 9.91% for Q1 2026.
- In Q1 2026, Net Margin rose 1028.0% year-over-year to 9.91%; the TTM figure through Mar 2026 stood at 18.49% (up 2095.0% YoY), while the FY2025 annual figure was 4.68%, up 2697.0% from the prior year.
- Net Margin for Q1 2026 stood at 9.91%, down from 32.27% in the prior quarter.
- The five-year high for Net Margin was 43.76% in Q2 2022, with the low at 179.66% in Q3 2022.
- The 5-year median for Net Margin is 14.35% (2024), against an average of 22.44%.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 20565 bps in 2022, then sank 8996 bps in 2023.
- Affirm Holdings' Net Margin stood at 80.7% in 2022, then rose by 9 bps to 73.32% in 2023, then jumped by 113 bps to 9.28% in 2024, then jumped by 248 bps to 32.27% in 2025, then plunged by 69 bps to 9.91% in 2026.
- Business Quant data shows AFRM's Net Margin at 9.91% in Q1 2026, 32.27% in Q4 2025, and 25.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 48.38% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 47.30% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 15.84% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 23.28% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 12.72% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 17.93% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 9.91% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 128.75% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 16.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.91% |
| Dec 31, 2025 | 32.27% |
| Sep 30, 2025 | 25.18% |
| Jun 30, 2025 | 22.57% |
| Mar 31, 2025 | -0.38% |
| Dec 31, 2024 | 9.28% |
| Sep 30, 2024 | -14.35% |
| Jun 30, 2024 | -2.62% |
| Mar 31, 2024 | -23.25% |
| Dec 31, 2023 | -73.32% |
| Sep 30, 2023 | -34.59% |
| Jun 30, 2023 | -46.20% |
| Mar 31, 2023 | -54.00% |
| Dec 31, 2022 | -80.70% |
| Sep 30, 2022 | -179.66% |
| Jun 30, 2022 | 43.76% |
| Mar 31, 2022 | -15.41% |
| Dec 31, 2021 | -103.96% |
| Sep 30, 2021 | -113.83% |
| Jun 30, 2021 | -151.33% |