Affirm/$AFRM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Affirm
Founded in 2012, Affirm is a market leader in the buy now, pay later space with around $36 billion in transaction volume in fiscal 2025. Affirm offers both zero-interest financing, which is merchant-subsidized, and interest-bearing loans, which function as personal loans that are approved on a per-transaction basis. Over 70% of Affirm's transaction volume comes from its interest-bearing loans, which also constitute the majority of its revenue. Affirm primarily operates in the United States, which accounted for more than 95% of its revenue in 2025, but it has also expanded to Canada and the United Kingdom.
- Ticker
- $AFRM
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 2,358
- Headquarters
- San Francisco, United States
- Website
- www.affirm.com
Affirm Metrics
BasicAdvanced
$25B
13.38
$5.53
3.62
-
Price and volume
Market cap
$25B
Beta
3.62
52-week high
$90.44
52-week low
$42.10
Average daily volume
4.2M
Financial strength
Current ratio
11.976
Quick ratio
8.364
Long term debt to equity
1.827
Total debt to equity
1.828
Interest coverage (TTM)
38.71%
Profitability
EBITDA (TTM)
739.194
Gross margin (TTM)
48.93%
Net profit margin (TTM)
45.29%
Operating margin (TTM)
9.79%
Effective tax rate (TTM)
-291.66%
Revenue per employee (TTM)
$1,810,000
Management effectiveness
Return on assets (TTM)
1.93%
Return on equity (TTM)
45.13%
Valuation
Price to earnings (TTM)
13.379
Price to revenue (TTM)
5.821
Price to book
4.55
Price to tangible book (TTM)
5.06
Price to free cash flow (TTM)
24.989
Free cash flow yield (TTM)
4.00%
Free cash flow per share (TTM)
2.962
Growth
Revenue change (TTM)
32.15%
Earnings per share change (TTM)
3,515.00%
3-year revenue growth (CAGR)
38.96%
3-year earnings per share growth (CAGR)
18.36%
What the Analysts think about Affirm
Analyst ratings (Buy, Hold, Sell) for Affirm stock.
Analyst projections of the future price of Affirm stock.
Bulls say / Bears say
Fiscal Q4 GMV rose 36%, revenue grew 33% and revenue less transaction costs increased 39%; Affirm also reported a 13% operating margin and its 11th straight quarter of at least 30% GMV growth. That points to strong growth alongside improving operating leverage. (MarketScreener)
Customer engagement is strengthening: transactions per active consumer rose 20% to 7.0 in FY26, while Affirm Card GMV more than doubled to $2.8 billion in Q4. Rising repeat use and card adoption give Affirm another route to grow beyond checkout financing. (MarketScreener)
Credit costs are rising faster than the business: FY26 provision for credit losses increased to $796.7 million from $616.7 million, while 30-plus-day delinquencies rose to 2.5% from 2.3% a year earlier. Further deterioration could erode the profitability gains. (MetaTrader)
A large enterprise merchant substantially completed its shift of Pay Later volume to its own wallet, and a separate promotion will not recur in Q1 FY27. Those disclosed headwinds show that partner decisions can weigh on volume growth. (Affirm)
Funding costs rose to $454 million in FY26 from $425.5 million, and Affirm expects short-term benchmark rates to increase in FY27. Higher funding costs could squeeze margins if loan pricing and operating efficiencies do not offset them. (MetaTrader)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.
Affirm Financial Performance
Revenues and expenses
Affirm Earnings Performance
Company profitability
Upcoming events
No upcoming events
Affirm News
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Funds containing Affirm
AllUSDEURGBP
Fund name | Fund size | $AFRM weighting |
|---|---|---|
Xtrackers MSCI World Financials$XDWF | $1.5B | 0.15% |
Invesco MSCI World Equal Weight£MWEP | $2B | 0.08% |
Invesco MSCI World Equal Weight$MWEQ | $2B | 0.08% |
iShares Russell 1000 Growth$R1GR | $1.3B | 0.06% |
iShares Russell 1000 Growth$R1GR | $1.3B | 0.06% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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