AFRM vs NU
Affirm Holdings, Inc. and Nu Holdings Ltd., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | AFRM | NU |
|---|---|---|
| Revenue | $4.3B | $11.5B |
| Net income | $1.9B | $2.0B |
| Gross margin | — | 45.6% |
| Net margin | 45.3% | 17.1% |
| Return on equity | 45.1% | 28.1% |
| Diluted EPS | $5.53 | $0.40 |
| Dividend / share | — | — |
| Payout ratio | — | — |
| Free cash flow | $992.6M | — |
| Equity | $5.5B | $7.6B |
| Net debt / equity | 1.49× | −0.98× |
| Current ratio | — | — |
| Revenue CAGR 5y | 37.4% | 79.8% |
| Profit CAGR 5y | — | — |
NU bills 2.7× the revenue of AFRM, and AFRM keeps more of each dollar of revenue as profit (45.3% against 17.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
6 years side by side
| Fiscal year | AFRM | NU |
|---|---|---|
| FY2024 | $3.2B | $11.5B |
| FY2023 | $2.3B | $8.0B |
| FY2022 | $1.6B | $4.8B |
| FY2021 | $1.3B | $1.7B |
| FY2020 | $870.5M | $737.1M |
| FY2019 | $509.5M | $612.1M |
Net income by year
Bottom line
| Fiscal year | AFRM | NU |
|---|---|---|
| FY2024 | $52.2M | $2.0B |
| FY2023 | $-517.8M | $1.0B |
| FY2022 | $-985.3M | $-364.6M |
| FY2021 | $-707.4M | $-165.0M |
| FY2020 | $-441.0M | $-171.5M |
| FY2019 | $-112.6M | $-92.5M |