vs

Side-by-side financial comparison of Affirm Holdings, Inc. (AFRM) and RANGE RESOURCES CORP (RRC). Click either name above to swap in a different company.

RANGE RESOURCES CORP is the larger business by last-quarter revenue ($786.9M vs $401.4M, roughly 2.0× Affirm Holdings, Inc.). Affirm Holdings, Inc. runs the higher net margin — 32.3% vs 22.8%, a 9.5% gap on every dollar of revenue. On growth, Affirm Holdings, Inc. posted the faster year-over-year revenue change (32.5% vs 18.0%). Over the past eight quarters, Affirm Holdings, Inc.'s revenue compounded faster (43.5% CAGR vs 14.6%).

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.

Range Resources Corporation is a natural gas exploration and production company, the headquartered is in Fort Worth, Texas. It operates in the Marcellus Formation, where it is the largest land owners.

AFRM vs RRC — Head-to-Head

Bigger by revenue
RRC
RRC
2.0× larger
RRC
$786.9M
$401.4M
AFRM
Growing faster (revenue YoY)
AFRM
AFRM
+14.5% gap
AFRM
32.5%
18.0%
RRC
Higher net margin
AFRM
AFRM
9.5% more per $
AFRM
32.3%
22.8%
RRC
Faster 2-yr revenue CAGR
AFRM
AFRM
Annualised
AFRM
43.5%
14.6%
RRC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AFRM
AFRM
RRC
RRC
Revenue
$401.4M
$786.9M
Net Profit
$129.6M
$179.1M
Gross Margin
94.5%
Operating Margin
29.3%
Net Margin
32.3%
22.8%
Revenue YoY
32.5%
18.0%
Net Profit YoY
61.3%
88.8%
EPS (diluted)
$0.37
$0.75

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.

Revenue
AFRM
AFRM
RRC
RRC
Q4 25
$401.4M
$786.9M
Q3 25
$320.5M
$655.3M
Q2 25
$306.6M
$699.6M
Q1 25
$272.5M
$846.3M
Q4 24
$303.0M
$667.0M
Q3 24
$231.8M
$567.9M
Q2 24
$224.0M
$513.2M
Q1 24
$195.0M
$598.8M
Net Profit
AFRM
AFRM
RRC
RRC
Q4 25
$129.6M
$179.1M
Q3 25
$80.7M
$144.3M
Q2 25
$69.2M
$237.6M
Q1 25
$2.8M
$97.1M
Q4 24
$80.4M
$94.8M
Q3 24
$-100.2M
$50.7M
Q2 24
$-45.1M
$28.7M
Q1 24
$-133.9M
$92.1M
Gross Margin
AFRM
AFRM
RRC
RRC
Q4 25
94.5%
Q3 25
92.5%
Q2 25
95.0%
Q1 25
93.1%
Q4 24
93.7%
Q3 24
94.3%
Q2 24
93.4%
Q1 24
94.7%
Operating Margin
AFRM
AFRM
RRC
RRC
Q4 25
29.3%
Q3 25
19.9%
Q2 25
18.9%
Q1 25
-3.1%
Q4 24
-1.4%
Q3 24
-57.2%
Q2 24
-32.8%
Q1 24
-82.5%
Net Margin
AFRM
AFRM
RRC
RRC
Q4 25
32.3%
22.8%
Q3 25
25.2%
22.0%
Q2 25
22.6%
34.0%
Q1 25
1.0%
11.5%
Q4 24
26.5%
14.2%
Q3 24
-43.2%
8.9%
Q2 24
-20.2%
5.6%
Q1 24
-68.7%
15.4%
EPS (diluted)
AFRM
AFRM
RRC
RRC
Q4 25
$0.37
$0.75
Q3 25
$0.23
$0.60
Q2 25
$0.22
$0.99
Q1 25
$0.01
$0.40
Q4 24
$0.23
$0.38
Q3 24
$-0.31
$0.21
Q2 24
$-0.13
$0.12
Q1 24
$-0.43
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRM
AFRM
RRC
RRC
Cash + ST InvestmentsLiquidity on hand
$1.5B
$204.0K
Total DebtLower is stronger
$9.0B
$1.2B
Stockholders' EquityBook value
$3.5B
$4.3B
Total Assets
$13.0B
$7.4B
Debt / EquityLower = less leverage
2.54×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRM
AFRM
RRC
RRC
Q4 25
$1.5B
$204.0K
Q3 25
$1.4B
$175.0K
Q2 25
$1.4B
$134.0K
Q1 25
$1.4B
$344.6M
Q4 24
$1.2B
$304.5M
Q3 24
$1.0B
$277.4M
Q2 24
$1.0B
$251.1M
Q1 24
$1.3B
$343.1M
Total Debt
AFRM
AFRM
RRC
RRC
Q4 25
$9.0B
$1.2B
Q3 25
$7.7B
$1.2B
Q2 25
$7.6B
$1.2B
Q1 25
$7.1B
$1.7B
Q4 24
$7.3B
$1.7B
Q3 24
$1.7B
Q2 24
$1.8B
$1.7B
Q1 24
$1.8B
Stockholders' Equity
AFRM
AFRM
RRC
RRC
Q4 25
$3.5B
$4.3B
Q3 25
$3.3B
$4.2B
Q2 25
$3.1B
$4.1B
Q1 25
$2.9B
$3.9B
Q4 24
$2.8B
$3.9B
Q3 24
$2.8B
$3.9B
Q2 24
$2.7B
$3.9B
Q1 24
$2.6B
$3.8B
Total Assets
AFRM
AFRM
RRC
RRC
Q4 25
$13.0B
$7.4B
Q3 25
$11.5B
$7.2B
Q2 25
$11.2B
$7.1B
Q1 25
$10.4B
$7.4B
Q4 24
$10.5B
$7.3B
Q3 24
$10.1B
$7.2B
Q2 24
$9.5B
$7.3B
Q1 24
$9.2B
$7.4B
Debt / Equity
AFRM
AFRM
RRC
RRC
Q4 25
2.54×
0.28×
Q3 25
2.35×
0.29×
Q2 25
2.48×
0.29×
Q1 25
2.49×
0.43×
Q4 24
2.62×
0.43×
Q3 24
0.44×
Q2 24
0.67×
0.44×
Q1 24
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRM
AFRM
RRC
RRC
Operating Cash FlowLast quarter
$173.7M
$257.5M
Free Cash FlowOCF − Capex
$118.0M
FCF MarginFCF / Revenue
29.4%
Capex IntensityCapex / Revenue
13.9%
Cash ConversionOCF / Net Profit
1.34×
1.44×
TTM Free Cash FlowTrailing 4 quarters
$619.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRM
AFRM
RRC
RRC
Q4 25
$173.7M
$257.5M
Q3 25
$374.6M
$247.5M
Q2 25
$74.6M
$336.2M
Q1 25
$210.4M
$330.1M
Q4 24
$312.0M
$217.9M
Q3 24
$196.9M
$245.9M
Q2 24
$68.8M
$148.8M
Q1 24
$208.2M
$331.9M
Free Cash Flow
AFRM
AFRM
RRC
RRC
Q4 25
$118.0M
Q3 25
$320.2M
Q2 25
$23.5M
Q1 25
$157.4M
Q4 24
$268.1M
Q3 24
$152.7M
Q2 24
$30.5M
Q1 24
$161.7M
FCF Margin
AFRM
AFRM
RRC
RRC
Q4 25
29.4%
Q3 25
99.9%
Q2 25
7.7%
Q1 25
57.7%
Q4 24
88.5%
Q3 24
65.9%
Q2 24
13.6%
Q1 24
82.9%
Capex Intensity
AFRM
AFRM
RRC
RRC
Q4 25
13.9%
Q3 25
17.0%
Q2 25
16.7%
Q1 25
19.5%
Q4 24
14.5%
Q3 24
19.0%
Q2 24
17.1%
Q1 24
23.8%
Cash Conversion
AFRM
AFRM
RRC
RRC
Q4 25
1.34×
1.44×
Q3 25
4.64×
1.72×
Q2 25
1.08×
1.42×
Q1 25
75.03×
3.40×
Q4 24
3.88×
2.30×
Q3 24
4.85×
Q2 24
5.18×
Q1 24
3.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRM
AFRM

Merchant Network$328.4M82%
Virtual Card Network$73.0M18%
Commercial Agreement Amazon$1.9M0%

RRC
RRC

Natural Gas Natural Gas Liquids And Oil Sales$745.5M95%
Brokered Natural Gas And Marketing$41.3M5%

Related Comparisons