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Affirm (AFRM) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Affirm Revenue Highlights

Latest Revenue (Y)

$674.61M

Latest Revenue (Q)

$184.34M

Main Segment (Y)

Merchant Network

Main Geography (Y)

UNITED STATES

Affirm Revenue by Period

Affirm Revenue by Year

DateRevenueChange
2024-06-30$674.61M-57.52%
2023-06-30$1.59B17.69%
2022-06-30$1.35B55.01%
2021-06-30$870.46M70.84%
2020-06-30$509.53M92.74%
2019-06-30$264.37M-

Affirm generated $674.61M in revenue during NA 2024, up -57.52% compared to the previous quarter, and up 255.18% compared to the same period a year ago.

Affirm Revenue by Quarter

DateRevenueChange
2024-09-30$184.34M-72.04%
2024-06-30$659.18M14.41%
2024-03-31$576.16M-2.53%
2023-12-31$591.11M19.04%
2023-09-30$496.55M11.38%
2023-06-30$445.82M17.02%
2023-03-31$380.98M-4.65%
2022-12-31$399.56M10.49%
2022-09-30$361.62M-0.69%
2022-06-30$364.13M2.64%
2022-03-31$354.76M-1.73%
2021-12-31$361.01M34.01%
2021-09-30$269.38M2.91%
2021-06-30$261.78M13.49%
2021-03-31$230.66M13.05%
2020-12-31$204.04M17.28%
2020-09-30$173.98M13.46%
2020-06-30$153.33M10.89%
2020-03-31$138.27M6.38%
2019-12-31$129.98M47.79%
2019-09-30$87.95M-

Affirm generated $184.34M in revenue during Q1 2025, up -72.04% compared to the previous quarter, and up 41.35% compared to the same period a year ago.

Affirm Revenue Breakdown

Affirm Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceJun 24Jun 23Jun 22Jun 21
Merchant Network$674.61M$507.60M$458.51M$379.55M
Virtual Card Network$151.40M$119.34M$100.70M$49.85M

Affirm's latest annual revenue breakdown by segment (product or service), as of Jun 24: Merchant Network (81.67%), and Virtual Card Network (18.33%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Virtual Card Network$47.48M$42.98M$35.68M$39.27M$33.48M$34.04M$29.47M$29.12M$26.71M$31.57M$23.17M$26.56M$19.39M$19.26M$13.81M$10.82M
Merchant Network$184.34M$181.01M$159.29M$188.36M$145.95M$141.42M$119.01M$134.02M$113.15M$118.13M$121.05M$127.09M$92.24M$88.66M$99.63M-

Affirm's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Merchant Network (79.52%), and Virtual Card Network (20.48%).

Affirm Revenue Breakdown by Country

Annual Revenue by Country

CountryJun 24Jun 23Jun 22Jun 21
CANADA$97.39M$47.42M$44.85M$13.24M
UNITED STATES$2.23B$1.30B$857.22M-
Other Geographical-$136.00K--
Virtual Card Network--$100.70M-
Merchant Network--$458.51M-

Affirm's latest annual revenue breakdown by geography, as of Jun 24: UNITED STATES (95.81%), and CANADA (4.19%).

Quarterly Revenue by Country

CountryJun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
UNITED STATES$797.07M$390.39M$352.58M$347.51M$344.73M$350.49M$261.60M$254.17M$224.86M$205.94M-
Other Geographical$445.00K$48.00K$25.00K$49.00K$56.00K------
CANADA$29.29M$9.12M$9.01M$16.57M$9.97M$10.53M$7.78M$7.61M$5.80M$-1.90M-
Virtual Card Network-$29.47M---------
Merchant Network-$119.01M---------

Affirm's latest quarterly revenue breakdown by geography, as of Jun 23: UNITED STATES (96.40%), CANADA (3.54%), and Other Geographical (0.05%).

Affirm Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SNOWSnowflake$2.81B$942.09M
RBLXRoblox$2.80B$918.95M
SOFISoFi$2.05B$860.63M
HOODRobinhood Markets$1.86B$274.00M
AFRMAffirm$674.61M$184.34M
UPSTUpstart$513.56M$-5.45M

AFRM Revenue FAQ

What is Affirm’s yearly revenue?

Affirm's yearly revenue for 2024 was $674.61M, representing a decrease of -57.52% compared to 2023. The company's yearly revenue for 2023 was $1.59B, representing an increase of 17.69% compared to 2022. AFRM's yearly revenue for 2022 was $1.35B, representing an increase of 55.01% compared to 2021.

What is Affirm’s quarterly revenue?

Affirm's quarterly revenue for Q1 2025 was $184.34M, a -72.04% decrease from the previous quarter (Q4 2024), and a -62.88% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $659.18M, a 14.41% increase from the previous quarter (Q3 2024), and a 47.86% increase year-over-year (Q4 2023). AFRM's quarterly revenue for Q3 2024 was $576.16M, a -2.53% decrease from the previous quarter (Q2 2024), and a 51.23% increase year-over-year (Q3 2023).

What is Affirm’s revenue growth rate?

Affirm's revenue growth rate for the last 3 years (2022-2024) was -50.00%, and for the last 5 years (2020-2024) was 32.40%.

What are Affirm’s revenue streams?

Affirm's revenue streams in n 24 are Merchant Network, and Virtual Card Network. Merchant Network generated $674.61M in revenue, accounting 81.67% of the company's total revenue, up 32.90% year-over-year. Virtual Card Network generated $151.4M in revenue, accounting 18.33% of the company's total revenue, up 26.87% year-over-year.

What is Affirm’s main source of revenue?

For the fiscal year ending Jun 24, the largest source of revenue of Affirm was Merchant Network. This segment made a revenue of $674.61M, representing 81.67% of the company's total revenue.