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Affirm Holdings, Inc. AFRM Investing Cash Flow

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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$25.65B+2.9%
Enterprise value$32.51B+40.1%
P/E67.1×-411×
P/S6.5×-1.3×

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:NetCashProvidedByUsedInInvestingActivities.

The source filing: Affirm Holdings, Inc.’s 10-Q, filed February 5, 2026.

Filed
Feb 5, 2026, 5:04 PM EST
Fiscal quarter
Q2 FY2026
Calendar quarter
Q4 2025
Accession
0001628280-26-005855
Line itemSix Months Ended December 31, 2025Six Months Ended December 31, 2024
Proceeds from maturities and repayments of securities available for sale426,676720,570
Other investing inflows14136,383
Other investing outflows(22,000)
Net cash used in investing activities(1,504,608)(664,067)
Cash flows from financing activities
Proceeds from the issuance of convertible notes920,000
Proceeds from the issuance of funding debt17,273,0247,893,354
Proceeds from issuance of notes and certificates by securitization trust1,100,000750,000

Item 1. Financial Statements

FAQ

What is Affirm Holdings, Inc.'s investing cash flow?
Affirm Holdings, Inc. (AFRM) reported investing cash flow of -$1.36B in Q4 2025.
How has Affirm Holdings, Inc.'s investing cash flow changed year-over-year?
Affirm Holdings, Inc.'s investing cash flow decreased by 1432.5% year-over-year, from -$89.07M to -$1.36B.
What is the long-term trend for Affirm Holdings, Inc.'s investing cash flow?
Over 3 years (2022 to 2025), Affirm Holdings, Inc.'s investing cash flow has grown at a -17.8% compound annual growth rate (CAGR), from -$2.01B to -$1.12B.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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