Capital Expenditures for Affirm Holdings (AFRM)
According to Affirm Holdings's latest reported financial statements, the company's current capital expenditures (TTM) is $214.20M USD. 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 .

AFRM
Currently viewingCapital ExpendituresSwitch metric
Latest period
$214.20M
YoY change
+20.6%
5Y CAGR
+55.7%
Peak year (2025)
$192.19M
Cumulative capital expenditures
$646.49M
CapEx history chart for Affirm Holdings (AFRM) from 2019 to 2025
CapEx history table for Affirm Holdings (AFRM) from 2019 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $192.19M | +20.6% | ||
| 2024 | $159.30M | +31.9% | ||
| 2023 | $120.78M | +8.1% | ||
| 2022 | $111.70M | +451.6% | ||
| 2021 | $20.25M | -3.6% | ||
| 2020 | $21.02M | -1.1% | ||
| 2019 | $21.25M | — |
CapEx values are taken from Affirm Holdings's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Affirm Holdings (AFRM) capital expenditures is $192.19M – grew 20.6% year-over-year.
Affirm Holdings capital expenditures has grown for 4 consecutive years, with a +55.7% compound annual growth rate over 2020–2025 (5 years).
$192.19M stands as the all-time-high annual capital expenditures, posted in 2025, against a low of $20.25M during 2021.
Affirm Holdings (AFRM) sits 9th of 8 Technology peers we track on this metric, against a peer median of $9.38B.
Affirm Holdings Capital Expenditures by Year
Affirm Holdings Capital Expenditures 2025: $192.19M
Affirm Holdings capital expenditures in 2025 was $192.19M, grew 20.6% from 2024. This figure represents the highest annual value in the available history.
Affirm Holdings Capital Expenditures 2024: $159.30M
Affirm Holdings capital expenditures in 2024 was $159.30M, surged 31.9% from 2023.
Affirm Holdings Capital Expenditures 2023: $120.78M
Affirm Holdings capital expenditures in 2023 was $120.78M, grew 8.1% from 2022.
Affirm Holdings Capital Expenditures 2022: $111.70M
Affirm Holdings capital expenditures in 2022 was $111.70M, surged 451.6% from 2021.
Affirm Holdings Capital Expenditures 2021: $20.25M
Affirm Holdings capital expenditures in 2021 was $20.25M.
See more financial history for Affirm Holdings (AFRM).
Sector peers — CapEx
Companies in the same sector as Affirm Holdings, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| Apple Inc. (AAPL) | $12.71B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is Affirm Holdings's capital expenditures?
- Latest reported capital expenditures for Affirm Holdings (AFRM) is $214.20M (period ending December 31, 2025).
How has Affirm Holdings capital expenditures changed year-over-year?
- Affirm Holdings (AFRM) capital expenditures changed +20.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Affirm Holdings capital expenditures?
- Affirm Holdings (AFRM) capital expenditures compound annual growth rate is +55.7% over the most recent 5 years available.
When did Affirm Holdings capital expenditures hit its highest annual value?
- Affirm Holdings capital expenditures reached its highest annual value of $192.19M in 2025.
What was Affirm Holdings capital expenditures in 2024?
- Affirm Holdings (AFRM) capital expenditures in 2024 was $159.30M.
What was Affirm Holdings capital expenditures in 2025?
- Affirm Holdings (AFRM) capital expenditures in 2025 was $192.19M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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