Affirm Holdings, Inc. Commercial agreement assets decreased by 6.8% to $41.38M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.5%, from $65.18M to $41.38M. Over 4 years (FY 2021 to FY 2025), Commercial agreement assets shows a downward trend with a -29.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests investment in long-term merchant partnerships, while a decrease may indicate amortization or impairment of these rights.
Represents the net book value of intangible assets or rights arising from long-term commercial partnerships and merchant...
Similar to capitalized contract costs or intangible assets related to customer relationships at other fintech firms.
non_current_assets_commercial_agreement_asset_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $227.38M | $207.43M | $316.05M | $287.13M | $263.20M | $241.64M | $220.08M | $198.99M | $177.67M | $156.12M | $134.56M | $118.70M | $104.60M | $90.35M | $76.09M | $65.18M | $57.21M | $49.15M | $44.40M | $41.38M |
| QoQ Change | — | -8.8% | +52.4% | -9.1% | -8.3% | -8.2% | -8.9% | -9.6% | -10.7% | -12.1% | -13.8% | -11.8% | -11.9% | -13.6% | -15.8% | -14.3% | -12.2% | -14.1% | -9.7% | -6.8% |
| YoY Change | — | — | — | — | +15.8% | +16.5% | -30.4% | -30.7% | -32.5% | -35.4% | -38.9% | -40.3% | -41.1% | -42.1% | -43.5% | -45.1% | -45.3% | -45.6% | -41.7% | -36.5% |