Affirm Holdings, Inc. Cash Flow Statement
AFRM / Financials|7 years of annual SEC 10-K data (FY2019-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 7 fiscal years. All figures from audited SEC 10-K filings.
Affirm Holdings, Inc. generated $794M in operating cash flow and $602M in free cash flow in FY2025. Free cash flow margin was 18.7% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Net Income | $52.2M | -$517.8M | -$985.3M | -$707.4M | -$441.0M | -$112.6M | -$120.5M |
| Depreciation & Amortization | $225.1M | $169.0M | $134.6M | $52.7M | $20.0M | $9.4M | $5.3M |
| Operating Cash Flow | $793.9M | $450.1M | $12.2M | -$162.2M | -$193.1M | -$71.3M | -$87.6M |
| Capital Expenditures | $192.2M | $159.3M | $120.8M | $86.3M | $20.3M | $21.0M | $19.4M |
| Free Cash Flow | $601.7M | $290.8M | -$108.6M | -$248.5M | -$213.4M | -$92.3M | -$107.1M |
| Share Buybacks | $250.0M | $0 | $109.0K | $86.0K | $800.0K | $18.9M | $2.6M |
| FCF Margin | 18.7% | 12.5% | -6.8% | -18.4% | -24.5% | -18.1% | -40.5% |