Affirm Holdings (AFRM) Tax Rate (2019 - 2026)
Affirm Holdings (AFRM) posted quarterly Tax Rate of 4.19% for Q1 2026, down 4258.0% year-over-year from 0.1% in Q1 2025, and up 52.9% on a QoQ basis from 2.74% in Q4 2025.
Affirm Holdings (AFRM) Tax Rate (2019 - 2026) Analysis & Trends
Affirm Holdings (AFRM) has reported Tax Rate for 8 consecutive years, with 4.19% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 4258.0% year-over-year to 4.19%; the TTM figure through Mar 2026 stood at 3.24% (up 1780.0% YoY), while the FY2025 annual figure was 15.1%, up 1553.0% from the prior year.
- Tax Rate came in at 4.19% for Q1 2026 at Affirm Holdings, up from 2.74% in the prior quarter.
- The five-year high for Tax Rate was 46.77% in Q1 2025, with the low at 2.26% in Q2 2024.
- Average Tax Rate over 5 years is 3.98%, with a median of 0.49% recorded in 2022.
- Across the five-year window, Tax Rate soared 4745 bps in 2025 and tumbled 4258 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 0.49% in 2022, then dropped by 15 bps to 0.42% in 2023, then soared by 622 bps to 3.02% in 2024, then fell by 9 bps to 2.74% in 2025, then soared by 53 bps to 4.19% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 4.19%, 2.74%, and 2.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 16.07% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 19.33% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 21.36% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 20.10% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 4.19% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 16.45% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 20.25% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 22.29% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -17.46% |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 22.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.19% |
| Mar 31, 2026 | 4.19% |
| Dec 31, 2025 | 2.74% |
| Dec 31, 2025 | 2.74% |
| Sep 30, 2025 | 2.80% |
| Sep 30, 2025 | 2.80% |
| Jun 30, 2025 | 3.26% |
| Jun 30, 2025 | 3.26% |
| Mar 31, 2025 | 46.77% |
| Mar 31, 2025 | 46.77% |
| Dec 31, 2024 | 3.02% |
| Dec 31, 2024 | 3.02% |
| Sep 30, 2024 | -1.93% |
| Sep 30, 2024 | -1.93% |
| Jun 30, 2024 | -2.26% |
| Jun 30, 2024 | -2.26% |
| Mar 31, 2024 | -0.68% |
| Mar 31, 2024 | -0.68% |
| Dec 31, 2023 | 0.42% |
| Dec 31, 2023 | 0.42% |