Affirm Holdings Inc - Class A
Research Affirm Holdings Inc - Class A (AFRM) on Bullrun: valuation model: 107.8% undervalued, market cap USD 27.21B, P/E 14.6. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAFRM
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryCredit Services
- CurrencyUSD
- Valuation signal107.8% undervalued
- Market capUSD 27.21B
- P/E14.6
- Financial periodFY2026
- RevenueUSD 4.26B
- Revenue growth282.5%
- Net incomeUSD 1.93B
- Free cash flowUSD 992.63M
- Gross margin68.1%
Valuation Snapshot
Bullrun's latest valuation model marks Affirm Holdings Inc - Class A as 107.8% undervalued; latest market cap is USD 27.21B; P/E is 14.6.
Peer valuation comparison
Latest P/E is 14.62x versus a Financial Services sector median of 13.39x (9.1% above).
Latest P/E is 14.62x versus a United States median of 23.85x (38.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 4.26B | USD 1.93B | USD 992.63M | 68.1% | n/a | USD 1.63B | USD 10.02B | USD 5.48B |
| FY2025 | USD 1.11B | USD 52.19M | USD 601.72M | 195.4% | 0.15 | USD 1.35B | USD 7.61B | USD 3.07B |
| FY2024 | USD 826.01M | -USD 517.76M | USD 290.84M | 178.9% | -1.67 | USD 1.01B | USD 1.84B | USD 2.73B |
| FY2023 | USD 626.94M | -USD 985.35M | -USD 108.59M | 114.0% | -3.34 | USD 892.03M | USD 5.45B | USD 2.53B |
| FY2022 | USD 559.21M | -USD 707.42M | -USD 248.48M | 138.2% | -2.51 | USD 1.26B | USD 4.14B | USD 2.62B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 27.21B | 14.6 | n/a | n/a |
| 2025 | 2025-12-31 | USD 24.73B | 91.9 | n/a | n/a |
| 2024 | 2024-12-31 | USD 19.23B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 14.83B | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 2.81B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 28.48B | n/a | n/a | n/a |
About Affirm Holdings Inc - Class A
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. Its platform offers pay-over-time solutions at checkout for both consumers and merchants. The company's commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. It has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence.
ETFs that hold Affirm Holdings Inc - Class A
Affirm Holdings Inc - Class A is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| Global X FinTech UCITS ETF USD Acc | 3.81% | 0.60% |
| Global X FinTech UCITS ETF USD Inc | 3.75% | 0.60% |
Related stock research
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Frequently asked questions
Is Affirm Holdings Inc - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Affirm Holdings Inc - Class A as 107.8% undervalued.
What is Affirm Holdings Inc - Class A's market cap?
Affirm Holdings Inc - Class A's market capitalization is USD 27.21B.
What is Affirm Holdings Inc - Class A's P/E ratio?
Affirm Holdings Inc - Class A's price-to-earnings (P/E) ratio is 14.6.
What does Affirm Holdings Inc - Class A do?
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. Its platform offers pay-over-time solutions at checkout for both consumers and merchants. The company's commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. It has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence.