Affirm Holdings, Inc. Financials

Affirm Holdings generated about $3.5 billion in revenue over the trailing twelve months. Revenue has grown at roughly 33.9% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.

Yes, Affirm Holdings reported about $1.9 billion in net income over the trailing twelve months, a net profit margin of roughly 55.7%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

Affirm Holdings runs a gross margin of about 5.7%, an operating margin of about 12.0%, a net margin of about 55.7%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.

Affirm Holdings's revenue has compounded at roughly 33.9% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside AFRM's margins and free cash flow. This is analysis from SEC filings, not investment advice.