Affirm Holdings, Inc. (AFRM)

Affirm Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	282.33	52.19	-517.76	-985.35	-707.42	-441.03
Depreciation & Amortization	25.37	25.03	56.15	63.56	-4.16	4.73
Provision for Credit Losses	680.78	616.68	460.63	331.86	255.27	65.88
Stock-Based Compensation	304.76	321.43	344.51	451.71	390.98	292.51
Net Change in Loans Held-for-Sale	-0.71	0.04	-0.61	165.09	29.37	-45.9
Other Adjustments	-317.64	-171.63	169.57	120.29	-116.34	-15.57
Changes in Accrued Interest and Accounts Receivable	-78.82	-84.95	-167.76	-67.69	-62.7	-22.93
Changes in Accounts Payable	6.6	41.8	12.42	-5.04	-24.69	32.22
Changes in Accrued Expenses	-18.63	-46.56	-44.03	-30.25	71.2	121.02
Changes in Other Operating Activities	-50.7	39.88	137.02	-32	6.28	-184.06
Operating Cash Flow	833.34	793.91	450.14	12.18	-162.19	-193.13
Operating Cash Flow Growth	6.05%	76.37%	3595.41%	-	-	-
Net Change in Loans Held-for-Investment	-1,799	-1,318	-1,283	-1,975	-341.86	-748.62
Net Change in Securities and Investments	68.49	391.89	150.87	455.35	-1,530	-
Payments for Business Acquisitions	-	-	-	-16.05	-6	-222.43
Capital Expenditures	-214.2	-192.19	-159.3	-120.78	-86.29	-20.25
Purchases of Intangible Assets	-	-	-	-	-25.42	-
Other Investing Activities	42.68	34.92	-34.01	3.71	-21.43	-30.73
Investing Cash Flow	-1,924	-1,083	-1,325	-1,653	-2,011	-1,022
Long-Term Debt Issued	33,404	24,594	14,989	8,045	6,805	4,338
Long-Term Debt Repaid	-31,716	-23,300	-13,893	-6,614	-4,643	-3,375
Net Long-Term Debt Issued (Repaid)	1,688	1,294	1,096	1,431	2,162	962.66
Issuance of Common Stock	125.4	60.69	33.13	15.77	73.91	1,352
Repurchase of Common Stock	-588.5	-553.81	-189.17	-73.95	-185.26	-159.08
Net Common Stock Issued (Repurchased)	-463.1	-493.12	-156.04	-58.19	-111.35	1,193
Issuance of Preferred Stock	-	-	-	-	-	434.54
Repurchase of Preferred Stock	-	-	-	-	-	-0.01
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	434.53
Other Financing Activities	-36.86	-49.23	-27.3	-22.44	-13.75	-12.5
Financing Cash Flow	1,438	751.43	913.15	1,350	2,037	2,578
Effect of Exchange Rate Changes on Cash and Cash Equivalents	9.32	-1.25	-2.68	0.08	-5.41	1.84
Net Cash Flow	357.42	461.02	35.46	-290.86	-141.83	1,365
Free Cash Flow	619.13	601.72	290.84	-108.59	-248.48	-213.38
Free Cash Flow Growth	2.89%	106.89%	-	-	-	-
FCF Margin	20.40%	23.07%	15.62%	-8.65%	-22.71%	-26.52%
Free Cash Flow Per Share	1.79	1.90	0.96	-0.37	-0.88	-1.34
Levered Free Cash Flow	1,640	1,129	413.24	253.04	1,354	452.36
Unlevered Free Cash Flow	-330.38	-216.99	-165.5	-192.19	-100.36	-69.27

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q