Affirm (AFRM) Revenue & Revenue Breakdown
Affirm Revenue Highlights
Latest Revenue (Y)
$674.61M
Latest Revenue (Q)
$159.29M
Main Segment (Y)
Merchant Network
Main Geography (Y)
UNITED STATES
Affirm Revenue by Period
Affirm Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $674.61M | -57.52% |
| 2023-06-30 | $1.59B | 17.69% |
| 2022-06-30 | $1.35B | 55.01% |
| 2021-06-30 | $870.46M | 70.84% |
| 2020-06-30 | $509.53M | 92.74% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $159.29M | -73.05% |
| 2023-12-31 | $591.11M | 19.04% |
| 2023-09-30 | $496.55M | 11.38% |
| 2023-06-30 | $445.82M | 17.02% |
| 2023-03-31 | $380.98M | -4.65% |
| 2022-12-31 | $399.56M | 10.49% |
| 2022-09-30 | $361.62M | -0.69% |
| 2022-06-30 | $364.13M | 2.64% |
| 2022-03-31 | $354.76M | -1.73% |
| 2021-12-31 | $361.01M | 34.01% |
| 2021-09-30 | $269.38M | 2.91% |
| 2021-06-30 | $261.78M | 13.49% |
| 2021-03-31 | $230.66M | 13.05% |
| 2020-12-31 | $204.04M | 17.28% |
| 2020-09-30 | $173.98M | 13.46% |
| 2020-06-30 | $153.33M | 10.89% |
| 2020-03-31 | $138.27M | 6.38% |
| 2019-12-31 | $129.98M | 47.79% |
| 2019-09-30 | $87.95M | - |
Affirm generated $159.29M in revenue during Q3 2024, up -73.05% compared to the previous quarter, and up 39.87% compared to the same period a year ago.
Affirm Revenue Breakdown
Affirm Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jun 24 | Jun 23 | Jun 22 | Jun 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merchant Network | $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 | - |
| Virtual Card Network | $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 |
Affirm's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Merchant Network (80.81%), and Virtual Card Network (19.19%).
Affirm Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jun 24 | Jun 23 | Jun 22 | Jun 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
| Country | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 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%).
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 Q3 2024 was $159.29M, a -73.05% decrease from the previous quarter (Q2 2024), and a -58.19% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $591.11M, a 19.04% increase from the previous quarter (Q1 2024), and a 47.94% increase year-over-year (Q2 2023). AFRM's quarterly revenue for Q1 2024 was $496.55M, a 11.38% increase from the previous quarter (Q4 2023), and a 37.31% increase year-over-year (Q1 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.