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Affirm Holdings

AFRM · Updated 10/24/2026

Revenue

$4.3B

Fiscal 2026

Net income

$1.9B

Fiscal 2026

Free cash flow

$992.6M

Fiscal 2026

Net cash / (debt)

—

Fiscal 2026

Five-year financials

Fiscal year20262025202420232022
Revenue$4.3B$3.2B$2.3B$1.6B$1.3B
Net income$1.9B$52.2M(517.8M)(985.3M)(707.4M)
Diluted EPS—————
Operating cash flow$1.2B$793.9M$450.1M$12.2M(162.2M)
Free cash flow$992.6M$601.7M$290.8M(108.6M)(248.5M)
Cash$1.6B$1.4B$1.0B$892.0M$1.3B
Total debt—————

Where the cash went

Cumulative, fiscal 2022–2026, straight from the reported cash-flow statements.

Reinvested in capex

34.3%

of operating cash flow

Returned to owners

—

of free cash flow (buybacks + dividends)

Diluted share count

—

change 2022–2026

Capital expenditure $796.9MBar width = share of $2.3B operating cash flow
Operating cash flow$2.3B
Capital expenditure($796.9M)
Free cash flow$1.5B
Share buybacks—
Dividends paid—
Acquisitions (net)—
Net debt issued / (repaid)—
Stock-based compensation (non-cash)—

"—" means a year didn't report that line, so no total is shown rather than an estimate.

SEC filings

  • 10-K · period 2026-06-302026-08-27EDGAR

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