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Affirm Holdings, Inc. AFRM Allowance for Doubtful Accounts Receivable (Current)

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Other financials

Income statement

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Revenue$1.0B+32.6%
Operating income$88.4M+1,154%
Net income$102.9M+3,570%
EPS (diluted)$0.30+2,900%

Balance sheet

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Cash & equivalents$2.5B+42.5%
Total debt$9.3B+18.8%
Total equity$3.8B+31.6%
Total assets$13.1B+25.9%

Cash flow

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Operating cash flow$386.5M+83.7%
CapEx$61.4M+15.8%
Free cash flow$325.1M+107%

Valuation

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Market cap$25.3B+7.5%
Enterprise value$32.16B+47.4%
P/E66.2×-385×
P/S6.4×-0.9×

Profitability

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Operating margin-7.3%-3.2pp
Net margin9.6%+8.2pp
FCF margin19.8%-0.4pp

Returns & leverage

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Return on equity11.5%+9.9pp
Debt / equity2.5×-0.3×

Where this comes from

Reported directly by Affirm Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The source filing: Affirm Holdings, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:04 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032294

Our accounts receivable consist primarily of amounts due from payment processors, merchant partners, affiliate network partners and servicing fees due from third-party loan owners. For each of these groups, we evaluate accounts receivable to determine management’s current estimate of expected credit losses based on historical experience and future expectations and record an allowance for credit losses. Our allowance for credit losses with respect to accounts receivable was $24.0 million and $18.8 million as of March 31, 2026 and June 30, 2025, respectively.

Item 1. Financial Statements

FAQ

What is Affirm Holdings, Inc.'s allowance for doubtful accounts receivable (current)?
Affirm Holdings, Inc. (AFRM) reported allowance for doubtful accounts receivable (current) of $24M in Q1 2026.
How has Affirm Holdings, Inc.'s allowance for doubtful accounts receivable (current) changed year-over-year?
Affirm Holdings, Inc.'s allowance for doubtful accounts receivable (current) increased by 31.9% year-over-year, from $18.2M to $24M.
What is the long-term trend for Affirm Holdings, Inc.'s allowance for doubtful accounts receivable (current)?
Over 4 years (2021 to 2025), Affirm Holdings, Inc.'s allowance for doubtful accounts receivable (current) has grown at a 46.3% compound annual growth rate (CAGR), from $4.1M to $18.8M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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