Filing Flows › Affirm Holdings (AFRM) › Operating margin
Affirm Holdings (AFRM) operating margin by quarter
Affirm Holdings' operating margin was 14.8% in Q1 FY27 (first quarter fiscal 2027), +2.2 pts from Q4 FY26. Over the last 6 quarters it ranged from 6.6% (Q4 FY25) to 14.8% (Q1 FY27).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 FY27 | 14.8% | +2.2 pts | +8.0 pts |
| Q4 FY26 | 12.6% | +4.1 pts | +6.0 pts |
| Q3 FY26 | 8.5% | -2.0 pts | — |
| Q2 FY26 | 10.5% | +3.7 pts | — |
| Q1 FY26 | 6.8% | +0.2 pts | — |
| Q4 FY25 | 6.6% | — | — |
Q1 FY27 at a glance
Affirm Holdings, Q1 FY27: revenue $1.3B (+35% year over year), operating margin 14.8%, net earnings $164M, operating cash flow $207M. The chart follows the revenue to costs, profit and cash.
Questions
What is Affirm Holdings' operating margin?
Affirm Holdings' operating margin was 14.8% in Q1 FY27 (first quarter fiscal 2027), +2.2 pts from Q4 FY26.
How has Affirm Holdings' operating margin changed?
Over the last 6 quarters it ranged from 6.6% (Q4 FY25) to 14.8% (Q1 FY27).