Affirm Holdings annual operating margin
2019
2020
2021
2022
2023
2024
2025
Affirm Holdings Operating Margin Growth & History (AFRM)
Affirm Holdings's operating margin was −7.83% for fiscal 2025.
View full Affirm Holdings company overviewAffirm Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-06-30 | −7.83% | +66.72 pp |
| 2024 | 2024-06-30 | −74.56% | +116.99 pp |
| 2023 | 2023-06-30 | −191.54% | −36.67 pp |
| 2022 | 2022-06-30 | −154.87% | −65.52 pp |
| 2021 | 2021-06-30 | −89.35% | −50.31 pp |
| 2020 | 2020-06-30 | −39.04% | +51.81 pp |
| 2019 | 2019-06-30 | −90.85% | — |
Affirm Holdings quarterly operating margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-03-31 | 26.44% | +29.52 pp |
| Q2 2026 | 2025-12-31 | 29.30% | +30.73 pp |
| Q1 2026 | 2025-09-30 | 19.86% | +77.07 pp |
| Q4 2025 | 2025-06-30 | 18.94% | +51.74 pp |
| Q3 2025 | 2025-03-31 | −3.08% | +79.39 pp |
| Q2 2025 | 2024-12-31 | −1.43% | +74.20 pp |
| Q1 2025 | 2024-09-30 | −57.21% | +59.52 pp |
| Q4 2024 | 2024-06-30 | −32.80% | +106.17 pp |
| Q3 2024 | 2024-03-31 | −82.47% | +126.33 pp |
| Q2 2024 | 2023-12-31 | −75.63% | +144.76 pp |
| Q1 2024 | 2023-09-30 | −116.73% | +88.81 pp |
| Q4 2023 | 2023-06-30 | −138.96% | +46.23 pp |
| Q3 2023 | 2023-03-31 | −208.80% | −51.72 pp |
| Q2 2023 | 2022-12-31 | −220.39% | −92.69 pp |
| Q1 2023 | 2022-09-30 | −205.54% | −56.79 pp |
| Q4 2022 | 2022-06-30 | −185.19% | −79.32 pp |
| Q3 2022 | 2022-03-31 | −157.08% | +30.16 pp |
| Q2 2022 | 2021-12-31 | −127.70% | −103.46 pp |
| Q1 2022 | 2021-09-30 | −148.76% | −115.20 pp |
| Q4 2021 | 2021-06-30 | −105.87% | +5.36 pp |
| Q3 2021 | 2021-03-31 | −187.24% | −162.13 pp |
| Q2 2021 | 2020-12-31 | −24.24% | — |
| Q1 2021 | 2020-09-30 | −33.55% | — |
| Q3 2020 | 2020-03-31 | −111.22% | — |
| Q2 2020 | 2019-12-31 | −25.11% | — |
Affirm Holdings operating margin trends
Over the last five reported fiscal years, Affirm Holdings's operating margin increased from −39.04% to −7.83%, a change of +31.21 percentage points. The latest reported quarter, Q3 2026, shows 26.44%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Affirm Holdings filings at SEC.gov ↗