Company / Operating Margin
Affirm Holdings, Inc. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-2.7%
FY2025
5-year range
-75.6% / -2.7%
FY2021-FY2025
Trend
+89.8%
vs FY2024
Sector context
#89 of 105
Financials
What the data says
Affirm Holdings, Inc.'s operating margin of -2.7% is lower than 85% of companies in the Financials sector (FY2025). Operating Margin has fluctuated over the past 7 years, ranging from -75.6% in FY2023 to -2.7% in FY2025.
Based on SEC 10-K filings.
-2.7% in FY2025 with a 5-year CAGR of +18.4%.
Improved from -75.6% to -2.7% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +18.4pp
- 5-Year Change
- +18.4pp
- 10-Year Change
- -
Sector benchmark
Bottom 15% in FinancialsTop 85% of 105This company -2.7% Sector average -49.0%
▼
+94.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 89.8% year-over-year.
- Currently 46.3pp above the Financials sector average.
- Lowest operating margin in the period was in FY2023.
Company context
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.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -2.7% | +89.8% |
| FY2024 | -26.5% | +64.9% |
| FY2023 | -75.6% | -257.5% |
| FY2022 | -21.1% | +56.1% |
| FY2021 | -48.2% | -127.9% |
| FY2020 | -21.2% | +56.1% |
| FY2019 | -48.2% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026