Free Cash Flow for Affirm Holdings (AFRM)
Free Cash Flow for Affirm Holdings (AFRM): headline value $619.13M · YoY +106.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

AFRM
Currently viewingFree Cash FlowSwitch metric
Latest period
$619.13M
YoY change
+106.9%
5Y CAGR
N/A
Peak year (2025)
$601.72M
Latest annual
$601.72M
Free Cash Flow history chart for Affirm Holdings (AFRM) from 2019 to 2025
Free Cash Flow history table for Affirm Holdings (AFRM) from 2019 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $601.72M | +106.9% | ||
| 2024 | $290.84M | -367.8% | ||
| 2023 | -$108.59M | -60.4% | ||
| 2022 | -$273.90M | +28.4% | ||
| 2021 | -$213.38M | +113.4% | ||
| 2020 | -$100.01M | -12.1% | ||
| 2019 | -$113.75M | — |
Free Cash Flow 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
Affirm Holdings (AFRM) most recent annual free cash flow stands at $601.72M (2025) – surged 106.9% year-over-year.
$601.72M stands as the all-time-high annual free cash flow, posted in 2025, against a low of -$273.90M during 2022.
Among 8 Technology peers, Affirm Holdings (AFRM) ranks 9th; the peer median for free cash flow is $49.26B.
Affirm Holdings Free Cash Flow by Year
Affirm Holdings Free Cash Flow 2025: $601.72M
Affirm Holdings free cash flow in 2025 was $601.72M, surged 106.9% from 2024. This figure represents the highest annual value in the available history.
Affirm Holdings Free Cash Flow 2024: $290.84M
Affirm Holdings free cash flow in 2024 was $290.84M, plunged 367.8% below 2023.
Affirm Holdings Free Cash Flow 2023: -$108.59M
Affirm Holdings free cash flow in 2023 was -$108.59M, plunged 60.4% below 2022.
Affirm Holdings Free Cash Flow 2022: -$273.90M
Affirm Holdings free cash flow in 2022 was -$273.90M, grew 28.4% from 2021. This figure represents the lowest annual value in the available history.
Affirm Holdings Free Cash Flow 2021: -$213.38M
Affirm Holdings free cash flow in 2021 was -$213.38M.
See more financial history for Affirm Holdings (AFRM).
Sector peers — Free Cash Flow
Companies in the same sector as Affirm Holdings, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is Affirm Holdings's free cash flow?
Latest reported free cash flow for Affirm Holdings (AFRM) is $619.13M (period ending December 31, 2025).
How has Affirm Holdings free cash flow changed year-over-year?
Affirm Holdings (AFRM) free cash flow changed +106.9% year-over-year on the latest annual filing.
When did Affirm Holdings free cash flow hit its highest annual value?
Affirm Holdings free cash flow reached its highest annual value of $601.72M in 2025.
What was Affirm Holdings free cash flow in 2024?
Affirm Holdings (AFRM) free cash flow in 2024 was $290.84M.
What was Affirm Holdings free cash flow in 2025?
Affirm Holdings (AFRM) free cash flow in 2025 was $601.72M.
Metrics overview
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AFRM Overview
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