Affirm Holdings, Inc. (AFRM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 268.03M | 1.12B | 933.34M | 876.42M | 783.13M | 866.38M | 698.48M | 659.18M | 576.16M | 591.11M | 496.55M | 445.82M | 380.98M | 399.56M | 361.62M | 364.13M | 354.76M | 361.01M | 269.38M | 261.78M |
| Revenue Growth % | -65.78% | 29.62% | 33.62% | 32.95% | 35.92% | 46.57% | 40.67% | 47.86% | 51.23% | 47.94% | 37.31% | 22.43% | 7.39% | 10.68% | 34.24% | 39.1% | 53.8% | 76.93% | 54.84% | - |
| Cost of Goods Sold | 0 | 343.45M | 301.91M | 282.94M | 271.02M | 264.17M | 229.44M | 213.4M | 213.04M | 210.04M | 208.64M | 223.56M | 227.02M | 223.25M | 199.32M | 182.74M | 153.66M | 136.84M | 103.21M | 104.08M |
| COGS % of Revenue | - | 30.58% | 32.35% | 32.28% | 34.61% | 30.49% | 32.85% | 32.37% | 36.98% | 35.53% | 42.02% | 50.15% | 59.59% | 55.88% | 55.12% | 50.19% | 43.31% | 37.9% | 38.31% | 39.76% |
| Gross Profit | 0 | 779.57M | 631.42M | 593.47M | 512.12M | 602.21M | 469.04M | 445.79M | 363.12M | 381.07M | 287.91M | 222.26M | 153.96M | 176.3M | 162.3M | 181.39M | 201.1M | 224.17M | 166.17M | 157.7M |
| Gross Margin % | - | 69.42% | 67.65% | 67.72% | 65.39% | 69.51% | 67.15% | 67.63% | 63.02% | 64.47% | 57.98% | 49.85% | 40.41% | 44.12% | 44.88% | 49.81% | 56.69% | 62.1% | 61.69% | 60.24% |
| Gross Profit Growth % | -100% | 29.45% | 34.62% | 33.13% | 41.03% | 58.03% | 62.91% | 100.57% | 135.86% | 116.15% | 77.39% | 22.53% | -23.44% | -21.35% | -2.33% | 15.03% | 92.46% | 53.96% | 31.14% | - |
| Operating Expenses | 950.34M | 661.94M | 567.76M | 535.41M | 520.51M | 606.53M | 601.67M | 519.25M | 523.91M | 553.23M | 497.36M | 466.09M | 463.99M | 535.84M | 449.77M | 458.62M | 427.65M | 420.37M | 332.24M | 307.37M |
| OpEx % of Revenue | 354.57% | 58.94% | 60.83% | 61.09% | 66.46% | 70.01% | 86.14% | 78.77% | 90.93% | 93.59% | 100.16% | 104.55% | 121.79% | 134.11% | 124.38% | 125.95% | 120.55% | 116.44% | 123.33% | 117.41% |
| Selling, General & Admin | 218.16M | 240M | 223.43M | 212.41M | 208.32M | 275.45M | 283.71M | 258.78M | 261.67M | 294.04M | 287.2M | 272.65M | 280.21M | 346.97M | 324.85M | 326.22M | 298.68M | 284.77M | 200.16M | 215.25M |
| SG&A % of Revenue | 81.39% | 21.37% | 23.94% | 24.24% | 26.6% | 31.79% | 40.62% | 39.26% | 45.42% | 49.74% | 57.84% | 61.16% | 73.55% | 86.84% | 89.83% | 89.59% | 84.19% | 78.88% | 74.3% | 82.22% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 88.43M | 117.63M | 63.66M | 58.06M | -8.39M | -4.32M | -132.62M | -73.46M | -160.79M | -172.15M | -209.45M | -243.83M | -310.04M | -359.53M | -287.47M | -277.23M | -226.55M | -196.2M | -166.07M | -149.67M |
| Operating Margin % | 32.99% | 10.47% | 6.82% | 6.63% | -1.07% | -0.5% | -18.99% | -11.14% | -27.91% | -29.12% | -42.18% | -54.69% | -81.38% | -89.98% | -79.49% | -76.13% | -63.86% | -54.35% | -61.65% | -57.17% |
| Operating Income Growth % | 1153.6% | 2821.56% | 148% | 179.04% | 94.78% | 97.49% | 36.68% | 69.87% | 48.14% | 52.12% | 27.14% | 12.05% | -36.85% | -83.25% | -73.1% | -85.22% | -8.22% | -632.86% | -398.8% | - |
| EBITDA | 88.43M | 193.22M | 128.99M | 122.06M | 51.07M | 50.57M | -85.9M | -8.07M | -123.78M | -145.64M | -169.32M | -200.55M | -262.57M | -336.53M | -266.58M | -260.11M | -213.45M | -184.24M | -155.53M | -141.78M |
| EBITDA Margin % | 32.99% | 17.21% | 13.82% | 13.93% | 6.52% | 5.84% | -12.3% | -1.22% | -21.48% | -24.64% | -34.1% | -44.98% | -68.92% | -84.23% | -73.72% | -71.43% | -60.17% | -51.03% | -57.74% | -54.16% |
| EBITDA Growth % | 73.14% | 282.07% | 250.16% | 1612.32% | 141.26% | 134.72% | 49.26% | 95.98% | 52.86% | 56.72% | 36.49% | 22.9% | -23.01% | -82.66% | -71.4% | -83.46% | -4.46% | -686.63% | -425.9% | - |
| D&A (Non-Cash Add-back) | 0 | 75.59M | 65.33M | 63.99M | 59.47M | 54.89M | 46.72M | 65.39M | 37.01M | 26.51M | 40.13M | 43.28M | 47.47M | 23M | 20.88M | 17.11M | 13.1M | 11.96M | 10.54M | 7.89M |
| EBIT | 0 | 244.96M | 193.05M | 177.49M | 112.98M | 190.62M | 5.83M | 51.12M | -42.6M | -82.98M | -96.81M | -144.27M | -155.32M | -280.25M | -226.38M | -185.1M | -38.59M | -141.76M | -289.69M | -140.03M |
| Net Interest Income | 0 | -111.72M | -110.03M | -105.91M | -107.63M | -107.76M | -104.14M | -95.26M | -90.45M | -84.62M | -73.93M | -63.01M | -51.19M | -43.75M | -25.07M | -19.42M | -15.82M | -17.7M | -16.75M | -15.62M |
| Interest Income | 532.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 111.72M | 110.03M | 105.91M | 107.63M | 107.76M | 104.14M | 95.26M | 90.45M | 84.62M | 73.93M | 63.01M | 51.19M | 43.75M | 25.07M | 19.42M | 15.82M | 17.7M | 16.75M | 15.62M |
| Other Income/Expense | 18.95M | 15.61M | 19.36M | 13.52M | 13.74M | 87.18M | 34.3M | 29.32M | 27.74M | 4.55M | 38.71M | 36.55M | 103.52M | 35.53M | 36.02M | 72.71M | 172.14M | 36.74M | -140.37M | -5.99M |
| Pretax Income | 107.38M | 133.24M | 83.02M | 71.58M | 5.34M | 82.86M | -98.32M | -44.14M | -133.05M | -167.6M | -170.74M | -207.28M | -206.51M | -324M | -251.45M | -204.52M | -54.41M | -159.46M | -306.44M | -155.66M |
| Pretax Margin % | 40.06% | 11.86% | 8.89% | 8.17% | 0.68% | 9.56% | -14.08% | -6.7% | -23.09% | -28.35% | -34.39% | -46.49% | -54.21% | -81.09% | -69.53% | -56.16% | -15.34% | -44.17% | -113.76% | -59.46% |
| Income Tax | 4.48M | 3.65M | 2.33M | 2.34M | 2.54M | 2.5M | 1.9M | 997K | 890K | -700K | 1.04M | -1.32M | -836K | -1.57M | -180K | -18.12M | 259K | 276K | 171K | -2.45M |
| Effective Tax Rate % | 4.17% | 2.74% | 2.8% | 3.26% | 47.54% | 3.02% | -1.93% | -2.26% | -0.67% | 0.42% | -0.61% | 0.63% | 0.4% | 0.48% | 0.07% | 8.86% | -0.48% | -0.17% | -0.06% | 1.57% |
| Net Income | 102.9M | 129.59M | 80.69M | 69.24M | 2.8M | 80.36M | -100.22M | -45.14M | -133.94M | -166.9M | -171.78M | -205.96M | -205.68M | -322.44M | -251.27M | -186.4M | -54.67M | -159.74M | -306.62M | -153.21M |
| Net Margin % | 38.39% | 11.54% | 8.65% | 7.9% | 0.36% | 9.28% | -14.35% | -6.85% | -23.25% | -28.24% | -34.6% | -46.2% | -53.99% | -80.7% | -69.48% | -51.19% | -15.41% | -44.25% | -113.82% | -58.53% |
| Net Income Growth % | 3569.76% | 61.26% | 180.52% | 253.41% | 102.09% | 148.15% | 41.66% | 78.09% | 34.88% | 48.24% | 31.63% | -10.5% | -276.21% | -101.86% | 18.05% | -21.66% | 80.95% | -500.28% | -7670.27% | - |
| Net Income (Continuing) | 102.9M | 129.59M | 80.69M | 69.24M | 2.8M | 80.36M | -100.22M | -45.14M | -133.94M | -166.9M | -171.78M | -205.96M | -205.68M | -322.44M | -251.27M | -186.4M | -54.67M | -159.74M | -306.62M | -153.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30 | 0.37 | 0.23 | 0.20 | 0.01 | 0.23 | -0.31 | -0.14 | -0.43 | -0.54 | -0.57 | -0.69 | -0.69 | -1.10 | -0.86 | -0.65 | -0.19 | -0.57 | -1.13 | -0.48 |
| EPS Growth % | - | 60.87% | 174.19% | 242.86% | 101.88% | 142.59% | 45.61% | 79.71% | 37.68% | 50.91% | 33.72% | -6.15% | -263.16% | -92.98% | 23.89% | -35.42% | 82.08% | -338.46% | -1696.5% | - |
| EPS (Basic) | 0.31 | 0.39 | 0.24 | 0.21 | 0.01 | 0.25 | -0.31 | -0.14 | -0.43 | -0.54 | -0.57 | -0.69 | -0.69 | -1.10 | -0.86 | -0.65 | -0.19 | -0.57 | -1.13 | -0.48 |
| Diluted Shares Outstanding | 348.1M | 349.37M | 348.28M | 342.56M | 344.22M | 345.2M | 318.23M | 315.48M | 312.63M | 307.57M | 303.84M | 299.64M | 297.2M | 293.68M | 290.93M | 288.11M | 285.64M | 281.53M | 271.68M | 267.28M |
| Basic Shares Outstanding | 337.14M | 334.27M | 330.24M | 326.91M | 324.05M | 322.28M | 318.23M | 315.48M | 312.63M | 307.57M | 303.84M | 299.64M | 297.2M | 293.68M | 290.93M | 288.11M | 285.64M | 281.53M | 271.68M | 267.28M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |