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Affirm Holdings, Inc. (AFRM)
NASDAQ: AFRM · Real-Time Price · USD
71.21
+0.93 (1.32%)
At close: Sep 18, 2026, 4:00 PM EDT
71.20
-0.01 (-0.01%)
After-hours: Sep 18, 2026, 7:56 PM EDT

Affirm Holdings Cash Flow Statement

Millions USD. Fiscal year is Jul - Jun.

Operating Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
1,617102.9129.5980.6969.242.880.36-100.22-45.14-133.94-166.9-171.78-205.96-205.68-322.44-251.27-186.4-54.67-159.74-306.62
Depreciation & Amortization
90.478.0880.3573.3971.9670.3869.1560.9879.4952.8748.0761.6964.668.5644.5642.4441.0542.0236.8829.51
Other Amortization
7.436.737.246.837.0910.316.916.085.666.137.225.537.3411.450.681.082.943.654.345.23
Loss (Gain) From Sale of Assets
-165.07-127.2-185.23-119.05-116.88-75.84-125.29-63.61-69.98-40.18-52.7-34.29-32.33-32.81-59.61-63.6-55.28-52.48-57.69-30.98
Asset Writedown & Restructuring Costs
-0.44-1.022.02-0.111.690.832.951.671.621.27-1.55-3.36-4.62-10.02---101.43---
Loss (Gain) From Sale of Investments
-9.35-7.8-8.31-9.96-9.85-7.56-10.82-15.89.48-9.16-11-12.12-12.35-8.79-7.3-7.621.220.97--
Stock-Based Compensation
67.1873.8477.885.8565.575.6186.194.2364.9177.0890.16112.36103.34106.79121.78119.81110.8798.3988.5493.19
Provision & Write-off of Bad Debts
223.2196.54214.15162.75156.63147.25152.98159.82117.61122.44120.8899.794.4866.44106.6964.2572.6966.2952.6463.65
Other Operating Activities
-1,490-53.97-31.92-30.52-9.68-12.34-35.1933.37-4.6847.4288.2550.0444.49-20.3477.9480.1126.8-94.12-31.3108.18
Change in Accounts Receivable
-52.8735.5511.05138.86-208.85-19.88102.6641.12-61.9910.72-74.28-42.21-65.9161.63-56.77-6.65-20.235.65-36.04-12.08
Change in Accounts Payable
25.062.36-0.79-24.841.76-9.57-6.9416.545.8-24.5832.46-1.26-1.420.48-5.561.46-15.913.4-380.27368.1
Change in Other Net Operating Assets
-16.3980.48-122.2110.646.0228.4-10.86-37.31-34.0198.08-6.2934.5952.13-91.98124.1118.5864.58-53.3240.4255.17
Operating Cash Flow
296.16386.5173.74374.5774.64210.39312.02196.8768.76208.1574.3298.943.79-54.28-28.5551.22-59.11-27.98-440.25365.15
Operating Cash Flow Growth (YoY)
296.81%83.71%-44.32%90.27%8.54%1.07%319.82%99.05%57.03%--93.11%----85.97%----

Investing Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-66.87-61.41-55.7-54.37-51.12-53.01-43.91-44.15-38.26-46.48-38.75-35.82-24.86-30.52-34.25-31.15-27.04-21.1-21.81-16.35
Cash Acquisitions
--------------16.05------6
Sale (Purchase) of Intangibles
-----------------25.42---
Investment in Securities
-175.45-26.98142.3269.96-38.9-104.89456.7378.95-279.77141.93123.23165.48-106.18-131332.66359.86-952.15-125.6-9.93-442.67
Other Investing Activities
-0.4-0.120.080.06-2.3122.84-0.8115.20.210.46-34.730.060.331.791.64-0.05-10.663.1-15.71.83
Investing Cash Flow
-1,198149.44-1,365-139.61-454.5135.52-89.07-575-537.63-146.76-624.9-15.86-777.17-300.96-692.21117.27-1,026-166.05-190.06-629.51

Financing Activities

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
---9,080---3,939---3,646---1,444---1,182
Total Debt Issued
10,72511,8089,2939,0807,9007,1315,6243,9394,5632,8853,8953,6462,2462,1812,1741,4441,8251,2782,5201,182
Long-Term Debt Repaid
----8,943----3,409----3,454----1,210----928.98
Total Debt Repaid
-9,797-11,921-8,033-8,943-7,455-7,284-5,152-3,409-4,374-2,699-3,366-3,454-1,628-2,280-1,496-1,210-1,836-1,177-701.05-928.98
Net Debt Issued (Repaid)
928-113.061,259137.03445.18-153.35472.39529.56188.26186.3529.74192.2618.08-98.82677.94233.37-11.22101.861,819252.91
Issuance of Common Stock
16.2538.589.2794.8310.7810.5335.793.66.81.1521.563.616.860.667.231.016.178.1722.137.47
Repurchase of Common Stock
-74.01-57.97-80.93-112.31-62.23-83.04-345.34-63.21-40.98-72.51-39.16-36.52-10.36-18.17-18.01-27.42-18.24-54.24-72.96-39.82
Other Financing Activities
-4.59-20.18-1.23-9.47-6.47-19.69-18.75-4.32-8.11-2.91-5.79-10.49-5.04-12.632.65-7.42-5.6-0-1.54-6.61
Financing Cash Flow
865.65-152.631,187110.09387.26-245.56144.1465.63145.97112.03506.35148.81609.55-128.96669.81199.54-28.8855.791,766243.95

Net Cash Flow

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
-4.81-3.581.64-3.8613.08-1.55-14.511.73-1.39-1.713.72-3.32.290.892.2-5.3-11.05-13.053.59
Miscellaneous Cash Flow Adjustments
---00-0---------------
Net Cash Flow
-41.26379.73-3.04341.1920.46-1.2352.5489.22-324.29171.71-40.51228.55-121.55-483.3-48.75362.73-1,125-139.241,139-16.82

Free Cash Flow

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
229.29325.1118.03320.2123.52157.38268.11152.7230.51161.6835.5763.0918.93-84.79-62.820.06-86.15-49.08-462.07348.8
Free Cash Flow Growth (YoY)
875.00%106.57%-55.98%109.68%-22.91%-2.66%653.67%142.08%61.15%--214.42%----94.25%----
Free Cash Flow Margin
19.66%31.30%10.51%34.31%2.68%20.10%30.95%21.86%4.63%28.06%6.02%12.71%4.25%-22.26%-15.72%5.55%-23.66%-13.83%-127.99%129.48%
Free Cash Flow Per Share
0.660.930.340.920.070.460.780.480.100.520.120.210.06-0.28-0.210.07-0.30-0.17-1.641.28
Levered Free Cash Flow
133.2346.05302.63-0.14-44.36202.4237.9120.0676.6583.46-93.73-68.161.7895.7-195.37-233.45133.27-153-475.24464.58
Unlevered Free Cash Flow
127.4840.98297.08-5.27-49.76193.7931.6314.4671.4977.87-100.4-73.13-5.0584.87-195.36-233.83130.34-156.02-479.57459.35

Additional Metrics

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
111.95108.44102.54103.25101.59101.66101.6299.5189.7486.0577.5864.8758.2749.0233.0822.8217.211.1812.9510.2
Cash Income Tax Paid
2.831.550.481.750.31.320.660.450.60.020.260.310.430.170.070.140.120.020.010.07
Change in Working Capital
-44.2118.4-111.94124.7-161.07-1.0684.8720.35-90.2184.22-48.11-8.87-15.2-29.8761.7913.3928.43-44.27-375.88411.19
SEC Filings: 10-K · 10-Q