Affirm Holdings AFRM
NASDAQ AFRM
$71.21 +0.93 (+1.32%)
At close: Sep 18, 2026 · 4:00 PM EDT

Affirm Holdings (AFRM) Operating Expenses (2019 - 2026)

Affirm Holdings (AFRM) posted Operating Expenses of $1.0 billion for Q2 2026, up 7.19% on a QoQ basis from $950.3 million in Q1 2026, and up 24.48% year-over-year from $818.4 million in Q2 2025.

Analysis

Affirm Holdings (AFRM) Operating Expenses (2019 - 2026) Analysis & Trends

Affirm Holdings has reported Operating Expenses for 8 years, with the latest figure at $1.0 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 24.48% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $3.8 billion, a 16.08% increase from a year earlier, with the FY2026 full-year figure at $3.8 billion, up 16.08% from the prior year.
  • Operating Expenses was $1.0 billion for Q2 2026 at Affirm Holdings, up from $950.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.0 billion in Q2 2026, with the low at $581.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $783.7 million, with a median of $761.2 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 70.56% in 2022, then climbed 0.55% in 2023.
  • Over 5 years, Operating Expenses stood at $759.1 million in 2022, then increased by 0.55% to $763.3 million in 2023, then grew by 14.08% to $870.7 million in 2024, then rose by 15.47% to $1.0 billion in 2025, then grew by 1.32% to $1.0 billion in 2026.
  • The last three Operating Expenses figures came in at $1.0 billion (Q2 2026), $950.3 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Synchrony Financial 24.38 Bn 8.19 Bn - 1.33 Bn
2 Affirm Holdings 24.01 Bn 22.38 Bn - 1.02 Bn
3 FirstCash Holdings 9.50 Bn 9.33 Bn 533.67 Mn 406.67 Mn
4 Credit Acceptance 6.00 Bn 5.51 Bn 569.30 Mn 418.80 Mn
5 Slm 4.72 Bn -77.52 Mn - 194.98 Mn
6 Enova International 4.35 Bn 4.22 Bn 568.07 Mn 330.92 Mn
7 Bread Financial Holdings 4.20 Bn -15.89 Bn 957.00 Mn 483.00 Mn
8 StoneCo 2.99 Bn 1.38 Bn 308.97 Mn -41.49 Mn
9 Ezcorp 1.88 Bn 1.57 Bn 246.19 Mn 191.37 Mn
10 Navient 1.64 Bn 275.03 Mn - 85.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.02 Bn
Mar 31, 2026 950.34 Mn
Dec 31, 2025 1.01 Bn
Sep 30, 2025 869.68 Mn
Jun 30, 2025 818.35 Mn
Mar 31, 2025 791.53 Mn
Dec 31, 2024 870.70 Mn
Sep 30, 2024 831.10 Mn
Jun 30, 2024 732.65 Mn
Mar 31, 2024 736.95 Mn
Dec 31, 2023 763.26 Mn
Sep 30, 2023 705.99 Mn
Jun 30, 2023 689.65 Mn
Mar 31, 2023 691.01 Mn
Dec 31, 2022 759.09 Mn
Sep 30, 2022 649.09 Mn
Jun 30, 2022 641.36 Mn
Mar 31, 2022 581.31 Mn
Dec 31, 2021 557.21 Mn
Sep 30, 2021 435.46 Mn