AFRM logo Affirm Holdings +
Affirm Holdings
+
Revenue breakdown by Products & Services
Revenue breakdown by Geography

Affirm Holdings's Revenue by Segment

In fiscal year 2025, Affirm Holdings's revenue by segment (products & services) are as follows:

  • Merchant Network: $882.66 M
  • Virtual Card Network: $231.31 M

Learn more about Affirm Holdings’s Revenue by Geography

Check out competitors to Affirm Holdings in a side-by-side comparison.

Explore additional financial metrics for Affirm Holdings.

Continue reading...

The above chart shows Affirm Holdings's revenue percentage share by segment (products and services).

In fiscal year 2023, Affirm Holdings's revenue by segment is as follows:

  • Merchant Network generated $507.60 M in revenue, representing 80.96% of its total revenue.
  • Virtual Card Network generated $119.34 M in revenue, representing 19.04% of its total revenue.

The biggest segment for Affirm Holdings is the Merchant Network, which represents 80.96% of its total revenue.
The smallest segment for Affirm Holdings is the Virtual Card Network, which represents 19.04% of its total revenue.

The above chart shows Affirm Holdings's revenue percentage share by segment (products and services).

In fiscal year 2024, Affirm Holdings's revenue by segment is as follows:

  • Merchant Network generated $674.61 M in revenue, representing 81.67% of its total revenue.
  • Virtual Card Network generated $151.40 M in revenue, representing 18.33% of its total revenue.

The biggest segment for Affirm Holdings is the Merchant Network, which represents 81.67% of its total revenue.
The smallest segment for Affirm Holdings is the Virtual Card Network, which represents 18.33% of its total revenue.

The above chart shows Affirm Holdings's revenue percentage share by segment (products and services).

In fiscal year 2025, Affirm Holdings's revenue by segment is as follows:

  • Merchant Network generated $882.66 M in revenue, representing 79.24% of its total revenue.
  • Virtual Card Network generated $231.31 M in revenue, representing 20.76% of its total revenue.

The biggest segment for Affirm Holdings is the Merchant Network, which represents 79.24% of its total revenue.
The smallest segment for Affirm Holdings is the Virtual Card Network, which represents 20.76% of its total revenue.
Continue reading...

Summary Table

Products & Services (Percent Share) 2023 2024 2025
Merchant Network 80.96% 81.67% 79.24%
Virtual Card Network 19.04% 18.33% 20.76%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Affirm Holdings.

In fiscal year 2025, the Merchant Network generated the most revenue ($882.66 M), and the Virtual Card Network generated the least revenue ($231.31 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Merchant Network revenue increased 30.84% ($208.05 M) from $674.61 M (in 2024) to $882.66 M (in 2025).
  • Virtual Card Network revenue increased 52.78% ($79.91 M) from $151.40 M (in 2024) to $231.31 M (in 2025).
    • Continue reading...

    Summary Table

    Products & Services 2023
    Value Change
    		2024
    Value Change
    		2025
    Value Change
    Merchant Network $507.60 M - $674.61 M
    32.90%
    		$882.66 M
    30.84%
    Virtual Card Network $119.34 M - $151.40 M
    26.87%
    		$231.31 M
    52.78%
    Total Revenue $1.59 B - $2.32 B
    46.29%
    		$3.22 B
    38.80%

    Frequently Asked Questions

    What was Affirm Holdings's largest product segment last year?

    In fiscal year 2025, Merchant Network revenue reached $882.66 Million, representing 79.24% of Affirm Holdings's total revenue and making it the largest segment for the company.

    Which product segment experienced the highest growth for Affirm Holdings last year?

    The Virtual Card Network segment is Affirm Holdings's highest growth segment, with a revenue growth of +52.78% in 2025 compared to 2024.

    People Also Search For

    Submit feedback to Bullfincher