Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $140M | $276M | $429M | $559M | $627M | $826M | $1.11B |
| Revenue growth | — | 96.8% | 55.5% | 30.2% | 12.1% | 31.8% | 34.9% |
| Operating income | -$127M | -$108M | -$384M | -$866M | -$1.20B | -$616M | -$87.3M |
| Operating margin | -90.9% | -39.0% | -89.3% | -154.9% | -191.5% | -74.6% | -7.8% |
| Net income | -$120M | -$113M | -$441M | -$707M | -$985M | -$518M | $52.2M |
| Net margin | -85.9% | -40.8% | -102.7% | -126.5% | -157.2% | -62.7% | 4.7% |
| EPS (diluted) | -$2.84 | -$2.63 | -$2.94 | -$2.51 | -$3.34 | -$1.67 | $0.15 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$87.6M | -$71.3M | -$193M | -$162M | $12.2M | $450M | $794M |
| Capital expenditures | $19.4M | $21.0M | $20.3M | $86.3M | $121M | $159M | $192M |
| Free cash flow | -$107M | -$92.3M | -$213M | -$248M | -$109M | $291M | $602M |
| Share buybacks | $2.63M | $18.9M | $800K | $86.0K | $109K | $0.00 | $250M |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $358M | $267M | $1.47B | $1.26B | $892M | $1.01B | $1.35B |
| Total assets | — | $1.40B | $4.87B | $6.97B | $8.16B | $9.52B | $11.2B |
| Total liabilities | — | $965M | $2.29B | $4.36B | $5.62B | $6.79B | $8.09B |
| Long-term debt | — | — | — | — | — | $1.84B | $7.61B |
| Shareholders' equity | -$263M | -$367M | $2.58B | $2.62B | $2.53B | $2.73B | $3.07B |
| Retained earnings | — | -$447M | -$898M | -$1.61B | -$2.59B | -$3.11B | -$3.06B |
| Shares (wtd avg diluted) | 47.3M | 47.9M | 159M | 282M | 295M | 310M | 341M |
Every figure is extracted from Affirm Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.