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| 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% |