Affirm Holdings, Inc. (AFRM) Free cash flow
- Free cash flow · 12 months (USD): Value $992.63M; Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value 68.75%; Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | $992.63M | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. $1.23B − $238.35M ≈ $992.63M |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | 68.75% | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. $992.63M ÷ $1.44B × 100 ≈ 68.75% |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $1.23B | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | 0.64× | Operating cash flow / net income. Period ending 2026-06-30. $1.23B ÷ $1.93B ≈ 0.64× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | 1.23B USD | Net Cash Provided by (Used in) Operating Activities |
| Capital spending | 238.35M USD | Payments to Acquire Property, Plant, and Equipment |
| Market cap | (m) | |
| Free cash flow | 992.63M USD | Net Cash Provided by (Used in) Operating Activities · Payments to Acquire Property, Plant, and Equipment |
| Revenue | 1.44B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Quarter-end shares | (m) | Common Stock, Shares, Outstanding |
| Net income | 1.93B USD | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $992.63M | (m) | $1.23B | $238.35M | (m) | $1.44B | (m) | $1.93B | (m) | (m) | 68.75% | 0.64× |
| 2026-03-31 | $786.85M | (m) | $1.01B | $222.59M | (m) | $1.36B | (m) | $382.42M | (m) | (m) | 57.73% | 2.64× |
| 2025-12-31 | $619.13M | (m) | $833.34M | $214.20M | (m) | $1.30B | (m) | $282.33M | (m) | (m) | 47.59% | 2.95× |
| 2025-09-30 | $769.21M | (m) | $971.61M | $202.40M | (m) | $1.20B | (m) | $233.10M | (m) | (m) | 63.96% | 4.17× |
| 2025-06-30 | $601.72M | (m) | $793.91M | $192.19M | (m) | $1.11B | (m) | $52.19M | (m) | (m) | 54.02% | 15.21× |
| 2025-03-31 | $608.71M | (m) | $788.03M | $179.32M | (m) | $1.03B | (m) | $-62.19M | (m) | (m) | 59.02% | -12.67× |
| 2024-12-31 | $613.01M | (m) | $785.80M | $172.79M | (m) | $953.81M | (m) | $-198.93M | (m) | (m) | 64.27% | -3.95× |
| 2024-09-30 | $380.47M | (m) | $548.10M | $167.63M | (m) | $878.40M | (m) | $-446.20M | (m) | (m) | 43.31% | -1.23× |
| 2024-06-30 | $290.84M | (m) | $450.14M | $159.30M | (m) | $826.01M | (m) | $-517.76M | (m) | (m) | 35.21% | -0.87× |
| 2024-03-31 | $279.27M | (m) | $425.16M | $145.90M | (m) | $777.48M | (m) | $-678.58M | (m) | (m) | 35.92% | -0.63× |
| 2023-12-31 | $32.80M | (m) | $162.74M | $129.94M | (m) | $731.00M | (m) | $-750.32M | (m) | (m) | 4.49% | -0.22× |
| 2023-09-30 | $-65.57M | (m) | $59.87M | $125.44M | (m) | $666.51M | (m) | $-905.86M | (m) | (m) | -9.84% | -0.07× |
| 2023-06-30 | $-108.59M | (m) | $12.18M | $120.78M | (m) | $626.94M | (m) | $-985.35M | (m) | (m) | -17.32% | -0.01× |
| 2023-03-31 | $-213.67M | (m) | $-90.72M | $122.95M | (m) | $601.17M | (m) | $-965.78M | (m) | (m) | -35.54% | 0.09× |
| 2022-12-31 | $-177.96M | (m) | $-64.42M | $113.53M | (m) | $596.92M | (m) | $-814.77M | (m) | (m) | -29.81% | 0.08× |
| 2022-09-30 | $-577.22M | (m) | $-476.13M | $101.09M | (m) | $587.42M | (m) | $-652.07M | (m) | (m) | -98.26% | 0.73× |
| 2022-06-30 | $-248.48M | (m) | $-162.19M | $86.29M | (m) | $559.21M | (m) | $-707.42M | (m) | (m) | -44.44% | 0.23× |
| 2022-03-31 | $-190.09M | (m) | $-123.00M | $67.09M | (m) | $517.43M | (m) | $-634.34M | (m) | (m) | -36.74% | 0.19× |
| 2021-12-31 | $-269.62M | (m) | $-218.28M | $51.35M | (m) | $485.01M | (m) | $-866.72M | (m) | (m) | -55.59% | 0.25× |
| 2021-09-30 | $141.89M | (m) | $174.32M | $32.43M | (m) | $441.82M | (m) | $-733.59M | (m) | (m) | 32.12% | -0.24× |
| 2021-06-30 | $-213.38M | (m) | $-193.13M | $20.25M | (m) | $429.40M | (m) | $-430.92M | (m) | (m) | -49.69% | 0.45× |
| 2021-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $-85.75M | (m) | (m) | (m) | (m) |
| 2020-06-30 | $-92.32M | (m) | $-71.30M | $21.02M | (m) | $276.09M | (m) | $-112.60M | (m) | (m) | -33.44% | 0.63× |
| 2020-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | $-107.06M | (m) | $-87.65M | $19.41M | (m) | $140.27M | (m) | $-120.45M | (m) | (m) | -76.32% | 0.73× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.