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Affirm Holdings, Inc. cash flow statement

In fiscal 2026, Affirm Holdings, Inc.'s operations generated $1.23bn of cash; it spent $238m on capital projects, leaving free cash flow of $993m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Jun 20192020Jun 20202021Jun 20212022Jun 20222023Jun 20232024Jun 20242025Jun 20252026Jun 2026
Cash from operations−88−71−193−162124507941,231
Depreciation and amortisation592053135169225303
Stock-based pay3430293391452345321305
Capital spending19212086121159192238
Free cash flow−107−92−213−248−109291602993
Free cash flow after stock pay−141−122−506−639−560−54280688
Share buybacks31910002500

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Affirm Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Affirm Holdings, Inc.