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
DateValue
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%