Affirm Holdings Inc (AFRM) — Free Cash Flow Generation Index

Latest as of March 2026: 0.84x

Affirm Holdings Inc (AFRM) has a Free Cash Flow Generation Index of 0.84x as of March 2026. Free cash flow of $325.35 Million represents 1% of operating cash flow ($386.76 Million). Read Affirm Holdings Inc (AFRM) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.84x
Free Cash Flow / Operating CF

Free Cash Flow

$325.35 Million
USD

Operating Cash Flow

$386.76 Million
USD

Capital Expenditures

$61.41 Million
USD

Affirm Holdings Inc Free Cash Flow Generation Index (2023–2025)

Historical FCF Generation Index trend for Affirm Holdings Inc across 3 annual periods. Explore Affirm Holdings Inc (AFRM) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Affirm Holdings Inc (2023–2025)

Year-by-year Free Cash Flow Generation Index for Affirm Holdings Inc. For the full company profile including market capitalisation, see Affirm Holdings Inc (AFRM) market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.76x $601.72 Million $793.91 Million $192.19 Million ▲ +17.3%
2024 0.65x $290.84 Million $450.14 Million $159.30 Million ▲ +107.2%
2023 -8.92x $-108.59 Million $12.18 Million $120.78 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).