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Latest period

$223M

YoY change

+20.6%

5Y CAGR

+55.7%

Peak year (FY2025)

$192M

CapEx history chart for Affirm Holdings (AFRM) from 2019 to 2025

Latest: $192M

CapEx growth chart for Affirm Holdings (AFRM) from 2019 to 2025

Latest: +20.6%

CapEx history table for Affirm Holdings (AFRM) from 2019 to 2025

  • FY2025$192M+20.6%
  • FY2024$159M+31.9%
  • FY2023$121M+8.1%
  • FY2022$112M+451.6%
  • FY2021$20.3M-3.6%
  • FY2020$21M-1.1%
  • FY2019$21.3M

CapEx values are taken from Affirm Holdings's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Affirm Holdings (AFRM)

According to Affirm Holdings's latest reported financial statements, the company's current CapEx (TTM) is $223M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Affirm Holdings (AFRM) CapEx is $192M – grew 20.6% year-over-year.

Affirm Holdings CapEx has grown for 4 consecutive years, with a +55.7% compound annual growth rate over 2020–2025 (5 years).

$192M stands as the all-time-high annual CapEx, posted in 2025, against a low of $20.3M during 2021.

Affirm Holdings Capital Expenditures by Year

Affirm Holdings Capital Expenditures 2025: $192M

In 2025, Affirm Holdings reported CapEx of $192M, grew 20.6% from 2024. This figure represents the highest annual value in the available history.

Affirm Holdings Capital Expenditures 2024: $159M

Affirm Holdings CapEx in 2024 was $159M, surged 31.9% from 2023.

Affirm Holdings Capital Expenditures 2023: $121M

2023's CapEx for Affirm Holdings came in at $121M, grew 8.1% from 2022.

Affirm Holdings Capital Expenditures 2022: $112M

Affirm Holdings posted CapEx of $112M in 2022, surged 451.6% from 2021.

Affirm Holdings Capital Expenditures 2021: $20.3M

Affirm Holdings CapEx in 2021 was $20.3M.

See more financial history for Affirm Holdings (AFRM).

Sector peers by CapEx

Financial Services peers of Affirm Holdings (AFRM), ranked by their latest CapEx

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