Affirm HoldingsSTU:78P 82 Net Margin % is 9.91% as of Mar. 2026. GuruFocus rates STU:78P with a GF Score™ of 82/100. The stock has 7 warning signs investors should review. Among 534 Credit Services companies, Affirm Holdings ranks worse than 61.42% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Affirm Holdings's Net Income for the
three
months ended in Mar. 2026 was $102.90 Mil. Affirm Holdings's Revenue for the
three
months ended in Mar. 2026 was $1,038.77 Mil. Therefore, Affirm Holdings's net margin for the quarter that ended in Mar. 2026 was 9.91%.
The historical rank and industry rank for Affirm Holdings's Net Margin % or its related term are showing as below:
STU:78P'
s Net Margin % Range Over the Past 10 Years
Min: -62.05 Med: -45.56 Max: 1.62
Current: 9.63
STU:78P's Net Margin % is ranked worse than 61.42% of 534
companies
in the Credit Services industry
Industry Median: 14.52
vs STU:78P: 9.63
Affirm Holdings (STU:78P) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Affirm Holdings Net Margin % Related Terms
Affirm Holdings Net Margin % Historical Data
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The historical data trend for Affirm Holdings's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:78P vs SYF, SOFI, ALLY: Net Margin % Comparison
For the Credit Services subindustry, Affirm Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Affirm Holdings Net Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Affirm Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Affirm Holdings's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Affirm Holdings (STU:78P) has a Net Margin % of 9.91% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Affirm Holdings and its competitors. According to the industry distribution chart, Affirm Holdings ranks #328 out of 534 companies in the Credit Services industry, placing it in the top 61.4%.
Is Affirm Holdings' Net Margin % too high?
Affirm Holdings' current Net Margin % is 9.91%. The Credit Services industry median Net Margin % is 14.52. Affirm Holdings' value of 9.91% is 31.7% below this industry median. Based on the distribution chart, Affirm Holdings ranks #328 out of 534 companies in the Credit Services industry, which is below the industry midpoint. Overall, Affirm Holdings has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Affirm Holdings' Net Margin % compare to SYF and SOFI?
According to the Credit Services industry distribution chart, Affirm Holdings ranks #328 out of 534 companies for Net Margin %. This places Affirm Holdings in the lower half of its industry. The industry median Net Margin % is 14.52. Affirm Holdings' value of 9.91% is 31.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Credit Services company?
The median Net Margin % among Credit Services companies is 14.52, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Affirm Holdings's current Net Margin % of 9.91% is 31.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Affirm Holdings and its competitors. For the Credit Services industry, the median Net Margin % is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affirm Holdings's current Net Margin % is 9.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affirm Holdings stock overvalued right now?
Affirm Holdings (STU:78P) has a current Net Margin % of 9.91%. The current Net Margin % is 9.91% and 31.7% below the Credit Services industry median of 14.52. Affirm Holdings' overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Affirm Holdings (STU:78P), the current Net Margin % is 9.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Founded in 2012, Affirm is a market leader in the buy now, pay later space with around $36 billion in transaction volume in fiscal 2025. Affirm offers both zero-interest financing, which is merchant subsidized, and interest-bearing loans, which function as personal loans that are approved on a per-transaction basis. Over 70% of Affirm's transaction volume comes from its interest-bearing loans, which also constitute the majority of its revenue. Affirm primarily operates in the United States, which accounted for more than 95% of its revenue in 2025, but it has also expanded to Canada and the United Kingdom.
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