TTM
67.7%
YoY change
+3.89pp
Trough year (2023)
45.0%
Peak year (2025)
67.5%
Latest annual
67.5%
Gross Margin history chart for Affirm Holdings (AFRM) from 2019 to 2025
Latest: 67.5%
Gross Margin change chart for Affirm Holdings (AFRM) from 2019 to 2025
Latest: +3.89pp
Gross Margin history table for Affirm Holdings (AFRM) from 2019 to 2025
| 2025 | 67.5% | +3.89pp | ||
| 2024 | 63.6% | +18.61pp | ||
| 2023 | 45.0% | -12.26pp | ||
| 2022 | 57.3% | -5.63pp | ||
| 2021 | 62.9% | -3.30pp | ||
| 2020 | 66.2% | +7.33pp | ||
| 2019 | 58.9% | — |
- 202567.5%+3.89pp
- 202463.6%+18.61pp
- 202345.0%-12.26pp
- 202257.3%-5.63pp
- 202162.9%-3.30pp
- 202066.2%+7.33pp
- 201958.9%—
Gross Margin values are taken from Affirm Holdings's reported income 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 Gross Margin at Affirm Holdings (AFRM)
According to Affirm Holdings's latest reported financial statements, the company's latest reported gross margin is 67.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Affirm Holdings (AFRM) reported gross margin of 67.51% – expanded 3.9 percentage points year-over-year.
The record annual gross margin stands at 67.51%, reached in 2025; the historical low of 45.01% was recorded in 2023.
Affirm Holdings Gross Margin by Year
Affirm Holdings Gross Margin 2025: 67.5%
In 2025, Affirm Holdings reported gross margin of 67.51%, expanded 3.9 percentage points from 2024. This figure represents the highest annual value in the available history.
Affirm Holdings Gross Margin 2024: 63.6%
Affirm Holdings gross margin in 2024 was 63.62%, expanded 18.6 percentage points from 2023.
Affirm Holdings Gross Margin 2023: 45.0%
2023's gross margin for Affirm Holdings came in at 45.01%, contracted 12.3 percentage points from 2022. This figure represents the lowest annual value in the available history.
Affirm Holdings Gross Margin 2022: 57.3%
Affirm Holdings posted gross margin of 57.28% in 2022, contracted 5.6 percentage points from 2021.
Affirm Holdings Gross Margin 2021: 62.9%
Affirm Holdings gross margin in 2021 was 62.90%.
See more financial history for Affirm Holdings (AFRM).
Sector peers by Gross Margin
Technology peers of Affirm Holdings (AFRM), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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