Affirm Holdings Operating Expenses Growth & History (AFRM)
Affirm Holdings's operating expenses was $2.03B for fiscal 2026.
View full Affirm Holdings company overviewAffirm Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $2.03B | $190.5M | +10.36% |
| 2025 | 2025-06-30 | $1.84B | $96.1M | +5.52% |
| 2024 | 2024-06-30 | $1.74B | $45.9M | +2.71% |
| 2023 | 2023-06-30 | $1.70B | $127.6M | +8.13% |
| 2022 | 2022-06-30 | $1.57B | — | — |
Affirm Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $538.7M | $109.2M | +25.43% |
| Q3 2026 | 2026-03-31 | $482.7M | $69.8M | +16.91% |
| Q2 2026 | 2025-12-31 | $550.2M | — | — |
| Q1 2026 | 2025-09-30 | $457.7M | — | — |
| Q4 2025 | 2025-06-30 | $429.5M | — | — |
| Q3 2025 | 2025-03-31 | $412.9M | — | — |
| Q2 2020 | 2019-12-31 | $162.6M | — | — |
Affirm Holdings operating expenses trends
Between the periods ended 2022-06-30 and 2026-06-30, Affirm Holdings's operating expenses increased from $1.57B to $2.03B, a change of $460.2M. The latest reported quarter, Q4 2026, shows $538.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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