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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Affirm Holdings has reported Operating Margin over the past 7 years, most recently at 10.47% for Q4 2025.

  • Quarterly results put Operating Margin at 10.47% for Q4 2025, up 1097.0% from a year ago — trailing twelve months through Dec 2025 was 4.97% (up 3346.0% YoY), and the annual figure for FY2025 was 2.71%, up 7185.0%.
  • Operating Margin for Q4 2025 was 10.47% at Affirm Holdings, down from 19.86% in the prior quarter.
  • Over the last five years, Operating Margin for AFRM hit a ceiling of 65.08% in Q2 2022 and a floor of 157.08% in Q1 2022.
  • Median Operating Margin over the past 5 years was 27.13% (2023), compared with a mean of 38.66%.
  • Biggest five-year swings in Operating Margin: plummeted -11520bps in 2021 and later skyrocketed 11449bps in 2024.
  • Affirm Holdings' Operating Margin stood at 127.7% in 2021, then increased by 30bps to 89.98% in 2022, then grew by 16bps to 75.63% in 2023, then surged by 99bps to 0.5% in 2024, then surged by 2200bps to 10.47% in 2025.
  • The last three reported values for Operating Margin were 10.47% (Q4 2025), 19.86% (Q3 2025), and 2.4% (Q2 2025) per Business Quant data.