Operating
Affirm Holdings, Inc.·Cash Flow Statement·28 metrics
Breakdown
| Metric | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Loans held for sale activity | $1.1B | $1.2B | $1B | $789.3M | $338.2M | $749.2M | $728.2M | $612.1M |
| Payment for Origination and Purchase, Loan, Held-for-Sale | $1.1B | $1.2B | $1B | $789.3M | $338.2M | $749.2M | $728.2M | $612.1M |
| Proceeds From Sale Of Loans Held For Sale | $1B | $1.2B | $1B | $789.4M | $338.2M | $748.8M | $727.9M | $611.9M |
| Net cash from operating activities | $68.8M | $196.9M | $312M | $210.4M | $74.6M | $374.6M | $173.7M | $386.5M |
| Total provisions for credit losses | $117.6M | $159.8M | $153M | $147.3M | $156.6M | $162.8M | $214.2M | $196.5M |
| Provision for credit losses | $117.6M | $159.8M | $153M | $147.3M | $156.6M | $162.8M | $214.2M | $196.5M |
| Gain (Loss) on Sales of Loans, Net | $70M | $63.6M | $125.3M | $75.8M | $116.9M | $119M | $185.2M | $127.2M |
| Net income | -$45.1M | -$100.2M | $80.4M | $2.8M | $69.2M | $80.7M | $129.6M | $102.9M |
| Accretion (Amortization) Of Discounts And Premiums, Financing Receivables | $50M | $52.1M | $59.2M | $60.5M | $62M | $65.1M | $78.9M | $81.5M |
| Depreciation and amortization | $65.4M | $46.7M | $54.9M | $59.5M | $64M | $65.3M | $75.6M | $75.1M |
| Stock-based compensation | $64.9M | $94.2M | $86.1M | $75.6M | $65.5M | $85.9M | $77.8M | $73.8M |
| Increase (Decrease) In Commercial Agreement Assets | -$100.1M | -$107.3M | -$86.8M | -$36.1M | -$41.5M | -$41M | -$61.2M | -$40.5M |
| Change in accounts receivable | $62M | -$41.1M | -$102.7M | $19.9M | $208.8M | -$138.9M | -$11.1M | -$35.6M |
| Change in accrued liabilities | -$11.2M | -$23.8M | — | — | -$30.1M | -$3.6M | $8.1M | $29.1M |
| Accrued expenses and other liabilities | -$11.2M | -$23.8M | — | — | -$30.1M | -$3.6M | $8.1M | $29.1M |
| Accrued Interest On Debt Securities Available For Sale | — | $15.8M | $10.8M | $7.6M | — | $10M | $8.3M | $7.8M |
| Amortization of debt issuance costs | $5.7M | $6.1M | $6.9M | $10.3M | $7.1M | $6.8M | $7.2M | $6.7M |
| Amortization expense related to capitalized debt issuance costs | $5.7M | $6.1M | $6.9M | $10.3M | $7.1M | $6.8M | $7.2M | $6.7M |
| Amortization of commercial agreement assets | $18.3M | $14.3M | $14.3M | $10.9M | $8M | $8.1M | $4.8M | $3M |
| Change in accounts payable | $5.8M | $16.5M | — | — | $41.8M | -$24.8M | -$791K | — |
| Change in other assets | — | $6.8M | $20.6M | — | — | -$31M | $70M | — |
| Other working capital changes | $47.5M | $2.2M | -$58K | -$12.1M | -$3.7M | — | — | — |
| Loss on extinguishment of debt | $7.3M | $19.6M | $62.8M | — | — | $1.5M | $42K | — |
| Gain (Loss) On Changes In Fair Value Of Assets And Liabilities | — | -$1.7M | -$3M | -$834K | -$1.7M | $110K | -$2M | — |
| Increase Decrease In Interest Payable Net | $1.5M | $846K | $1M | -$2.3M | $2.8M | $1.6M | $3.4M | — |
| Increase (Decrease) in Other Operating Assets | — | $6.8M | $20.6M | — | — | -$31M | $70M | — |
| Payable to third-party loan buyers | $29.9M | -$7.6M | $5.2M | $19.8M | $34.7M | -$17.9M | -$63.5M | — |
| Other Noncash Income (Expense) | $47.5M | $2.2M | -$58K | -$12.1M | -$3.7M | — | — | — |