Affirm Holdings, Inc.(AFRM) Stock Research - Grey Stern Research
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Affirm Holdings, Inc. (AFRM) Stock Analysis

$27.10 (2.42%)

AFRM Financial Performance


Use the table below to view Affirm Holdings, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $26.46 -
52 Week Low $13.67 -
52 Week High $52.48 -
Market Cap $8.2 Billion 4/6
Gross Margin 85% 3/6
Profit Margin -23% 3/6
EBITDA margin 3% 3/6
Q3 - 2024 Revenue $576.2 Million 5/6
Q3 - 2024 Earnings -$133.9 Million 4/6
Q3 - 2024 Free Cash Flow $161.7 Million 4/6
Trailing 4 Quarters Revenue $1.7 Billion 4/6
Trailing 4 Quarters Earnings -$678.6 Million 4/6
Quarterly Earnings Growth 35% 4/6
Annual Earnings Growth 42% 2/6
Quarterly Revenue Growth 51% 1/6
Annual Revenue Growth 8% 4/6
Cash On Hand $1.6 Billion 3/6
Short Term Debt $4.1 Million 5/6
Long Term Debt $6.2 Billion 1/6

Affirm Holdings, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Affirm Holdings, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 2/6
PS 4.79 4/6
PB 3.12 4/6
PC 5.05 4/6
Liabilities to Equity 2.51 4/6
ROA -0.07 3/6
ROE -0.26 4/6
Current Ratio 1.40 3/6
Quick Ratio 0.33 3/6
Long Term Debt to Equity 2.38 2/6
Debt to Equity 2.39 2/6
Burn Rate 4.21 2/6
Cash to Cap 0.20 3/6
CCR -1.21 5/6
EV to EBITDA 796.80 1/6
EV to Revenue 7.52 4/6

Company Details

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.

CEO: Mr. Max Roth Levchin

Website: https://www.affirm.com

Address: 650 California Street San Francisco, CA

Exchange: NASDAQ Global Select

Industry: Software—Infrastructure

Affirm Holdings, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Affirm Holdings, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Snowflake Inc. SNOW $43.2 Billion
Upstart Holdings, Inc. UPST $2.3 Billion
Roblox Corporation RBLX $25.9 Billion
SoFi Technologies, Inc. SOFI $7.8 Billion
Robinhood Markets, Inc. HOOD $18.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
AFRM Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 576.2 Million -$133.9 Million
Q2 2024 $ 188.4 Million -$166.9 Million
Q1 2024 $ 496.5 Million -$171.8 Million
Q4 2023 $ 445.8 Million -$206.0 Million
Q3 2023 $ 381.0 Million -$205.7 Million
Q2 2023 $ 399.6 Million -$322.4 Million
Q1 2023 $ 361.6 Million -$251.3 Million
Q4 2022 $ 364.1 Million -$186.4 Million

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AFRM Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $1.6 Billion $9.2 Billion $6.3 Billion $2.6 Billion
Q2 2024 $1.0 Billion $9.1 Billion $1.4 Billion $2.6 Billion
Q1 2024 $1.1 Billion $8.4 Billion $5.7 Billion $2.6 Billion
Q4 2023 $892.0 Million $8.2 Billion $5.5 Billion $2.5 Billion
Q3 2023 $972.5 Million $7.5 Billion $4.8 Billion $2.5 Billion
Q2 2023 $1.4 Billion $7.8 Billion $5.1 Billion $2.5 Billion
Q1 2023 $1.5 Billion $7.2 Billion $4.4 Billion $2.6 Billion
Q4 2022 $1.3 Billion $7.0 Billion $1.7 Billion $2.6 Billion

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AFRM Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $161.7 Million -$46.5 Million $171.7 Million
Q2 2024 $46.8 Million $0 $46.8 Million
Q1 2024 $63.1 Million -$35.8 Million $228.5 Million
Q4 2023 $18.9 Million -$24.9 Million -$121.5 Million
Q3 2023 -$84.8 Million -$30.5 Million -$483.3 Million
Q2 2023 -$62.8 Million -$34.3 Million -$48.7 Million
Q1 2023 $20.1 Million -$31.2 Million $362.7 Million
Q4 2022 -$37.8 Million -$27.0 Million -$1.1 Billion

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