Affirm Holdings (AFRM) Research & Development (2019 - 2026)

Affirm Holdings' Research & Development history runs 8 years deep, the most recent figure standing at $72.9 million for Q1 2026.

• In Q1 2026, Research & Development fell 1.58% year-over-year to $72.9 million; the TTM figure through Mar 2026 stood at $329.7 million (down 32.8% YoY), while the FY2025 annual figure was $434.8 million, down 24.56% from the prior year.
• Research & Development for Q1 2026 stood at $72.9 million, down from $98.8 million in the prior quarter.
• The five-year high for Research & Development was $188.3 million in Q4 2022, with the low at $72.9 million in Q1 2026.
• The 5-year median for Research & Development is $140.9 million (2023), against an average of $130.9 million.
• The sharpest annual moves came in 2022 and 2025: Research & Development jumped 170.72% in 2022, then tumbled 45.96% in 2025.
• Affirm Holdings' Research & Development stood at $188.3 million in 2022, then slipped by 14.37% to $161.3 million in 2023, then slipped by 15.64% to $136.0 million in 2024, then declined by 27.39% to $98.8 million in 2025, then slipped by 26.25% to $72.9 million in 2026.
• Business Quant data shows AFRM's Research & Development at $72.9 million in Q1 2026, $98.8 million in Q4 2025, and $78.5 million in Q3 2025.