Affirm Holdings (AFRM) Net Long-Term Debt Issued (Repaid) (2020 - 2026)
Affirm Holdings' Non-Current Debt was $3.33 billion in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 105.4% from $1.62 billion a year earlier and up 37.9% from the prior quarter.
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Analysis
Affirm Holdings (AFRM) Net Long-Term Debt Issued (Repaid) (2020 - 2026) Analysis & Trends
From fiscal Q4 2020 onward, Affirm Holdings has reported Non-Current Debt for 24 quarters.
- Non-Current Debt shows a five-year compound annual growth rate of 23.2% (FY2021 to FY2026).
- In earlier fiscal years, Non-Current Debt was $1.62 billion in FY2025 (-11.7%), $1.84 billion in FY2024 (-15.2%), $2.17 billion in FY2023 (+33.1%) and $1.63 billion in FY2022 (+38.3%).
- The fiscal Q4 2026 figure marks the highest quarterly Non-Current Debt since fiscal Q3 2025.
- Compared with a year earlier, Non-Current Debt was higher in four of the last eight quarters, with growth averaging 14.0%.
- The best year-over-year quarter for Non-Current Debt over five years was fiscal Q4 2026 (growth of 105.4%); the worst was fiscal Q1 2026 (a decline of 55.4%).
- Per Business Quant data, AFRM's Non-Current Debt in the three fiscal quarters before Q4 2026 was $2.42 billion (Q3 2026), $3.05 billion (Q2 2026) and $1.78 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 40.96 Bn | 9.68 Bn | 12.74 Bn | - |
| 2 | Rocket Companies | 35.34 Bn | 35.34 Bn | - | - |
| 3 | Royalty Pharma | 30.05 Bn | 27.01 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 28.04 Bn | 28.04 Bn | - | -54.25 Bn |
| 5 | Synchrony Financial | 24.08 Bn | -43.55 Bn | - | 589.00 Mn |
| 6 | Affirm Holdings | 24.03 Bn | 17.72 Bn | - | 928.00 Mn |
| 7 | Royal Gold | 19.30 Bn | 18.48 Bn | 390.45 Mn | -200.00 Mn |
| 8 | Federal Home Loan Mortgage | 14.39 Bn | 14.39 Bn | - | - |
| 9 | Annaly Capital Management | 14.11 Bn | 5.07 Bn | - | 1.66 Bn |
| 10 | Ares Capital | 13.71 Bn | 11.46 Bn | - | -463.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 928.00 Mn |
| Mar 31, 2026 | -113.06 Mn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 161.85 Mn |
| Jun 30, 2025 | 445.18 Mn |
| Mar 31, 2025 | -153.35 Mn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 649.61 Mn |
| Jun 30, 2024 | 226.26 Mn |
| Mar 31, 2024 | 211.86 Mn |
| Dec 31, 2023 | 529.74 Mn |
| Sep 30, 2023 | 192.20 Mn |
| Jun 30, 2023 | 618.08 Mn |
| Mar 31, 2023 | 107.75 Mn |
| Dec 31, 2022 | 677.94 Mn |
| Sep 30, 2022 | 233.37 Mn |
| Jun 30, 2022 | -11.22 Mn |
| Mar 31, 2022 | 101.86 Mn |
| Dec 31, 2021 | 1.82 Bn |
| Sep 30, 2021 | 252.91 Mn |
API Access
Affirm Holdings Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=AFRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "AFRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=AFRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();