Affirm Holdings Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	1,946	1,616	1,119	902.77	821.41	544.05
Other Revenue	1,770	1,608	1,204	685.22	527.88	326.42
Revenue	3,716	3,224	2,323	1,588	1,349	870.46
Revenue Growth (YoY)	32.70%	38.80%	46.29%	17.69%	55.01%	70.84%
Cost of Revenue	1,941	1,742	1,329	912.48	686.86	438.86
Gross Profit	1,775	1,482	994.47	675.5	662.43	431.61
Selling, General & Admin	884.17	979.9	1,100	1,222	1,110	554.4
Research & Development	660.2	589.72	501.86	615.82	418.64	249.34
Operating Expenses	1,544	1,570	1,602	1,837	1,528	803.73
Operating Income	230.97	-87.46	-607.33	-1,162	-866.05	-372.12
Interest Expense	-10.8	-7.14	-3.4	-3.9	-2.4	-
Other Non Operating Income (Expenses)	70.49	75.47	97.68	125.68	143.62	-59.7
EBT Excluding Unusual Items	290.66	-19.14	-513.05	-1,040	-724.83	-431.83
Merger & Restructuring Charges	-0.01	0.18	-6.77	-37.67	-	-
Impairment of Goodwill	-	-	-1	-	-	-
Gain (Loss) on Sale of Investments	1	-2	-14.1	-	-	-
Asset Writedown	-	-	-0.75	-1.24	-	-11.54
Other Unusual Items	1.54	82.42	20.14	89.84	-	-
Pretax Income	293.18	61.47	-515.53	-989.25	-724.83	-443.37
Income Tax Expense	10.86	9.28	2.23	-3.9	-17.41	-2.34
Net Income	282.33	52.19	-517.76	-985.35	-707.42	-441.03
Net Income to Common	282.33	52.19	-517.76	-985.35	-707.42	-441.03
Shares Outstanding (Basic)	329	323	310	295	282	158
Shares Outstanding (Diluted)	355	341	310	295	282	159
Shares Change (YoY)	12.04%	10.06%	4.91%	4.84%	76.90%	232.75%
EPS (Basic)	0.86	0.16	-1.67	-3.34	-2.51	-2.78
EPS (Diluted)	0.79	0.15	-1.67	-3.34	-2.51	-2.94
Free Cash Flow	619.13	601.72	290.84	-108.59	-248.48	-213.38
Free Cash Flow Per Share	1.74	1.76	0.94	-0.37	-0.88	-1.34
Gross Margin	47.78%	45.97%	42.81%	42.54%	49.09%	49.58%
Operating Margin	6.22%	-2.71%	-26.14%	-73.17%	-64.19%	-42.75%
Profit Margin	7.60%	1.62%	-22.29%	-62.05%	-52.43%	-50.67%
Free Cash Flow Margin	16.66%	18.66%	12.52%	-6.84%	-18.42%	-24.51%
EBITDA	527.05	185.01	-365.21	-941.79	-716.59	-283.04
EBITDA Margin	14.18%	5.74%	-15.72%	-59.31%	-53.11%	-32.52%
D&A For EBITDA	296.08	272.47	242.11	220.16	149.46	89.08
EBIT	230.97	-87.46	-607.33	-1,162	-866.05	-372.12
EBIT Margin	6.22%	-2.71%	-26.14%	-73.17%	-64.19%	-42.75%
Effective Tax Rate	3.70%	15.10%	-	-	-	-
Revenue as Reported	3,716	3,224	2,323	1,588	1,349	870.46
Advertising Expenses	-	30.8	19.2	22.6	74	48.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q