# Affirm Holdings, Inc. (AFRM) · Edgar & Edgarette company card

> Affirm Holdings (AFRM) grew revenue 32.2% in FY2026 to $4.3 billion, operating margin 9.8% against a -3.1% median for personal credit institutions, equity 34.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1820953 · fiscal year ended 2026-06-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/AFRM) · [JSON](https://www.pops4.com/boards/company/AFRM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.3B |
| Revenue growth, 1 year | 32.2% |
| Revenue growth per year | 33.3% |
| Operating margin | 9.8% (prior year -2.7%) |
| Net margin | 45.3% |
| Operating cash flow | $1.2B |
| Capital spending | $238M |
| Free cash flow | $993M |
| Cash | $1.6B |
| Long-term debt | $9.8B |
| Total assets | $15.8B |
| Total equity | $5.5B |
| Equity ÷ assets | 34.7% |
| Return on equity | 35.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $4.3B (FY2026), total debt $9.8B. Experience: revenue up 32.2% on the year, up 33.3% a year over 4 years; operating margin 9.8%, up from -2.7%. Soundness: equity 34.7% of assets, return on equity 35.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.9B and $6.5B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.4B to $7.2B. A statistical range, not company guidance. Against peers (44 filers, $50M+ revenue, its industry group): operating margin 9.8% against a -3.1% median; growth 32.2% against 16.8%.

Range logged 2026-09-27, receipt fb771cb933e86b59, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-08-27 ([filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026059271/0001628280-26-059271-index.htm))

## Recent filings

- 10-Q · filed 2026-11-05 · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026071153/0001628280-26-071153-index.htm)
- 8-K · filed 2026-11-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026071005/0001628280-26-071005-index.htm)
- DEF 14A · filed 2026-10-23 · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026067042/0001628280-26-067042-index.htm)
- 10-K · filed 2026-08-27 · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026059279/0001628280-26-059279-index.htm)
- 8-K · filed 2026-08-27 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026059271/0001628280-26-059271-index.htm)
- 8-K · filed 2026-06-25 · 1.01 Entry into a Material Definitive Agreement; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820953/000162828026045491/0001628280-26-045491-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001820953.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1820953

## Cite

POPS4, Edgar & Edgarette: Affirm Holdings, Inc. (AFRM) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/AFRM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.