vs
Side-by-side financial comparison of Affirm Holdings, Inc. (AFRM) and CENTURY ALUMINUM CO (CENX). Click either name above to swap in a different company.
CENTURY ALUMINUM CO is the larger business by last-quarter revenue ($633.7M vs $401.4M, roughly 1.6× Affirm Holdings, Inc.). Affirm Holdings, Inc. runs the higher net margin — 32.3% vs 0.3%, a 32.0% gap on every dollar of revenue. On growth, Affirm Holdings, Inc. posted the faster year-over-year revenue change (32.5% vs 0.4%). Affirm Holdings, Inc. produced more free cash flow last quarter ($118.0M vs $67.7M). Over the past eight quarters, Affirm Holdings, Inc.'s revenue compounded faster (43.5% CAGR vs 13.8%).
Affirm Holdings, Inc. is an American financial technology company and a point-of-sale lender. Founded in 2012 by PayPal co-founder Max Levchin, it is the largest U.S. based buy now, pay later (BNPL) financier. As of 2025, Affirm reports nearly 26 million users and processing $37 billion in annual payments.
Century Aluminum Company is a US-based producer of primary aluminum, with aluminum plants in Kentucky, South Carolina and Iceland. It is the largest producer of primary aluminum in the United States. The company is a publicly held corporation listed on the NASDAQ. The headquarters is at One South Wacker in Chicago.
AFRM vs CENX — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $401.4M | $633.7M |
| Net Profit | $129.6M | $1.8M |
| Gross Margin | — | 13.0% |
| Operating Margin | 29.3% | 5.2% |
| Net Margin | 32.3% | 0.3% |
| Revenue YoY | 32.5% | 0.4% |
| Net Profit YoY | 61.3% | -96.0% |
| EPS (diluted) | $0.37 | $0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $401.4M | $633.7M | ||
| Q3 25 | $320.5M | $632.2M | ||
| Q2 25 | $306.6M | $628.1M | ||
| Q1 25 | $272.5M | $633.9M | ||
| Q4 24 | $303.0M | $630.9M | ||
| Q3 24 | $231.8M | $539.1M | ||
| Q2 24 | $224.0M | $560.8M | ||
| Q1 24 | $195.0M | $489.5M |
| Q4 25 | $129.6M | $1.8M | ||
| Q3 25 | $80.7M | $14.9M | ||
| Q2 25 | $69.2M | $-4.6M | ||
| Q1 25 | $2.8M | $29.7M | ||
| Q4 24 | $80.4M | $45.2M | ||
| Q3 24 | $-100.2M | $47.3M | ||
| Q2 24 | $-45.1M | $-2.5M | ||
| Q1 24 | $-133.9M | $246.8M |
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 12.2% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | 10.5% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 3.4% |
| Q4 25 | 29.3% | 5.2% | ||
| Q3 25 | 19.9% | 9.2% | ||
| Q2 25 | 18.9% | 3.3% | ||
| Q1 25 | -3.1% | 7.3% | ||
| Q4 24 | -1.4% | 7.8% | ||
| Q3 24 | -57.2% | 11.8% | ||
| Q2 24 | -32.8% | 1.1% | ||
| Q1 24 | -82.5% | 0.4% |
| Q4 25 | 32.3% | 0.3% | ||
| Q3 25 | 25.2% | 2.4% | ||
| Q2 25 | 22.6% | -0.7% | ||
| Q1 25 | 1.0% | 4.7% | ||
| Q4 24 | 26.5% | 7.2% | ||
| Q3 24 | -43.2% | 8.8% | ||
| Q2 24 | -20.2% | -0.4% | ||
| Q1 24 | -68.7% | 50.4% |
| Q4 25 | $0.37 | $0.03 | ||
| Q3 25 | $0.23 | $0.15 | ||
| Q2 25 | $0.22 | $-0.05 | ||
| Q1 25 | $0.01 | $0.29 | ||
| Q4 24 | $0.23 | $0.58 | ||
| Q3 24 | $-0.31 | $0.46 | ||
| Q2 24 | $-0.13 | $-0.03 | ||
| Q1 24 | $-0.43 | $2.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5B | $134.2M |
| Total DebtLower is stronger | $9.0B | — |
| Stockholders' EquityBook value | $3.5B | $805.6M |
| Total Assets | $13.0B | $2.3B |
| Debt / EquityLower = less leverage | 2.54× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $134.2M | ||
| Q3 25 | $1.4B | $151.4M | ||
| Q2 25 | $1.4B | $40.7M | ||
| Q1 25 | $1.4B | $44.9M | ||
| Q4 24 | $1.2B | $32.9M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | $41.3M | ||
| Q1 24 | $1.3B | $93.5M |
| Q4 25 | $9.0B | — | ||
| Q3 25 | $7.7B | — | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.1B | — | ||
| Q4 24 | $7.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.5B | $805.6M | ||
| Q3 25 | $3.3B | $741.8M | ||
| Q2 25 | $3.1B | $724.4M | ||
| Q1 25 | $2.9B | $726.3M | ||
| Q4 24 | $2.8B | $694.4M | ||
| Q3 24 | $2.8B | $628.5M | ||
| Q2 24 | $2.7B | $601.5M | ||
| Q1 24 | $2.6B | $601.5M |
| Q4 25 | $13.0B | $2.3B | ||
| Q3 25 | $11.5B | $2.1B | ||
| Q2 25 | $11.2B | $1.9B | ||
| Q1 25 | $10.4B | $2.0B | ||
| Q4 24 | $10.5B | $1.9B | ||
| Q3 24 | $10.1B | $2.1B | ||
| Q2 24 | $9.5B | $1.8B | ||
| Q1 24 | $9.2B | $1.8B |
| Q4 25 | 2.54× | — | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 2.49× | — | ||
| Q4 24 | 2.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.67× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $173.7M | $102.8M |
| Free Cash FlowOCF − Capex | $118.0M | $67.7M |
| FCF MarginFCF / Revenue | 29.4% | 10.7% |
| Capex IntensityCapex / Revenue | 13.9% | 5.5% |
| Cash ConversionOCF / Net Profit | 1.34× | 57.11× |
| TTM Free Cash FlowTrailing 4 quarters | $619.1M | $84.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $173.7M | $102.8M | ||
| Q3 25 | $374.6M | $2.0M | ||
| Q2 25 | $74.6M | $7.9M | ||
| Q1 25 | $210.4M | $72.3M | ||
| Q4 24 | $312.0M | $-41.4M | ||
| Q3 24 | $196.9M | $20.1M | ||
| Q2 24 | $68.8M | $11.5M | ||
| Q1 24 | $208.2M | $-14.8M |
| Q4 25 | $118.0M | $67.7M | ||
| Q3 25 | $320.2M | $-18.1M | ||
| Q2 25 | $23.5M | $-15.9M | ||
| Q1 25 | $157.4M | $51.1M | ||
| Q4 24 | $268.1M | $-54.6M | ||
| Q3 24 | $152.7M | $-2.4M | ||
| Q2 24 | $30.5M | $-5.4M | ||
| Q1 24 | $161.7M | $-44.5M |
| Q4 25 | 29.4% | 10.7% | ||
| Q3 25 | 99.9% | -2.9% | ||
| Q2 25 | 7.7% | -2.5% | ||
| Q1 25 | 57.7% | 8.1% | ||
| Q4 24 | 88.5% | -8.7% | ||
| Q3 24 | 65.9% | -0.4% | ||
| Q2 24 | 13.6% | -1.0% | ||
| Q1 24 | 82.9% | -9.1% |
| Q4 25 | 13.9% | 5.5% | ||
| Q3 25 | 17.0% | 3.2% | ||
| Q2 25 | 16.7% | 3.8% | ||
| Q1 25 | 19.5% | 3.3% | ||
| Q4 24 | 14.5% | 2.1% | ||
| Q3 24 | 19.0% | 4.2% | ||
| Q2 24 | 17.1% | 3.0% | ||
| Q1 24 | 23.8% | 6.1% |
| Q4 25 | 1.34× | 57.11× | ||
| Q3 25 | 4.64× | 0.13× | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 75.03× | 2.43× | ||
| Q4 24 | 3.88× | -0.92× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AFRM
| Merchant Network | $328.4M | 82% |
| Virtual Card Network | $73.0M | 18% |
| Commercial Agreement Amazon | $1.9M | 0% |
CENX
| Aluminum | $566.3M | 89% |
| Alumina | $67.4M | 11% |
