Affirm (AFRM) revenue breakdown
By product, Merchant network revenue is the largest at 80% of fiscal 2026 revenue; Card network revenue grew fastest, 68% a year over 7 years.
By region, United States is the largest at 97% of fiscal 2026 revenue, growing 42% a year over 6 years.
Revenue by product
Fiscal years, as Affirm reports them in its 10-K filings; fiscal 2026 total $1.4B.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Merchant network revenue | $132M | $257M | $380M | $459M | $508M | $675M | $883M | $1.1B | 80% |
| Card network revenue | $8M | $19M | $50M | $101M | $119M | $151M | $231M | $294M | 20% |
Revenue by region
Fiscal years, as Affirm reports them in its 10-K filings; fiscal 2026 total $4.3B.
| Regions | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|
| United States | $506M | $857M | $1.3B | $1.5B | $2.2B | $3.1B | $4.1B | 97% |
| Canada | $3M | $13M | $45M | $47M | $97M | $119M | $143M | 3% |
| Other | — | — | — | $518,000 | — | $282,000 | $6M | 0% |
| Other | — | — | $136,000 | — | — | — | — | — |
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Where does Affirm make its money?
In fiscal 2026, by product: Merchant network revenue $1.1B, Card network revenue $294M.
From Affirm's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.