Affirm Holdings annual operating margin
2019
2020
2021
2022
2023
2024
2025
2026
Affirm Holdings Operating Margin Growth & History (AFRM)
Affirm Holdings's operating margin was 28.88% for fiscal 2026.
View full Affirm Holdings company overviewAffirm Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-30 | 28.88% | +36.71 pp |
| 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
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-30 | 38.00% | +19.06 pp |
| 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% | — |
| Q3 2021 | 2021-03-31 | −187.24% | −76.01 pp |
| Q2 2021 | 2020-12-31 | −24.24% | +0.87 pp |
| 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 fiscal years, Affirm Holdings's operating margin increased from −89.35% to 28.88%, a change of +118.23 percentage points. The latest reported quarter, Q4 2026, shows 38.00%.
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.
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