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Affirm Holdings (AFRM) Operating Expenses (2019 - 2025)

Affirm Holdings (AFRM) has 7 years of Operating Expenses data on record, last reported at $1.0 billion in Q4 2025.

  • For Q4 2025, Operating Expenses rose 15.47% year-over-year to $1.0 billion; the TTM value through Dec 2025 reached $3.5 billion, up 9.89%, while the annual FY2025 figure was $3.3 billion, 12.69% up from the prior year.
  • Operating Expenses reached $1.0 billion in Q4 2025 per AFRM's latest filing, up from $869.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.0 billion in Q4 2025 and bottomed at $400.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $697.3 million, with a median of $719.3 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 1222.96% in 2021, then increased 0.55% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $557.2 million in 2021, then skyrocketed by 36.23% to $759.1 million in 2022, then grew by 0.55% to $763.3 million in 2023, then rose by 14.08% to $870.7 million in 2024, then increased by 15.47% to $1.0 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $1.0 billion in Q4 2025, $869.7 million in Q3 2025, and $818.4 million in Q2 2025.