Affirm Holdings (AFRM) Net Margin (2019 - 2026)

Affirm Holdings (AFRM) recorded quarterly Net Margin of 30.76% in Q1 2026, up 166.54% quarter-over-quarter from 11.54% in Q4 2025, and up 2971.0% on a YoY basis from 1.0% in Q1 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 30.76% for 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 was 30.76% for Q1 2026 at Affirm Holdings, up from 11.54% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 30.76% in Q1 2026 to a low of 95.72% in Q3 2023.
  • Historically, Net Margin has averaged 19.11% across 5 years, with a median of 18.12% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Net Margin surged 20519 bps in 2022, then slumped 3858 bps in 2023.
  • A 5-year view of Net Margin shows it 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 tumbled by 56 bps to 11.54% in 2025, then surged by 167 bps to 30.76% in 2026.
  • The last three Net Margin figures came in at 30.76% (Q1 2026), 11.54% (Q4 2025), and 25.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Visa 543.83 Bn 531.43 Bn - 53.62%
2 Mastercard 439.96 Bn 429.75 Bn - 46.23%
3 American Express 218.41 Bn 164.37 Bn 17.43 Bn 15.71%
4 Capital One Financial 113.95 Bn 37.46 Bn - 13.66%
5 PayPal Holdings 37.65 Bn 28.31 Bn 7.84 Bn 13.32%
6 Synchrony Financial 24.77 Bn 4.21 Bn - 16.44%
7 Affirm Holdings 21.75 Bn 20.03 Bn 261.64 Mn 30.76%
8 SoFi Technologies 21.04 Bn 17.64 Bn 929.25 Mn 15.15%
9 Ally Financial 13.49 Bn 13.04 Bn 1.98 Bn 13.84%
10 Eason Technology 6.63 Bn 6.62 Bn - -

Historic Data

Download Data
DateValue
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%