vs
Affirm Holdings, Inc.（AFRM）とTyler Technologies（TYL）の財務データ比較。上の社名をクリックして会社を切り替えられます
Tyler Technologiesの直近四半期売上が大きい（$575.2M vs $401.4M、Affirm Holdings, Inc.の約1.4倍）。Affirm Holdings, Inc.の純利益率が高く（32.3% vs 11.4%、差は20.9%）。Affirm Holdings, Inc.の前年同期比売上増加率が高い（32.5% vs 6.3%）。Tyler Technologiesの直近四半期フリーキャッシュフローが多い（$239.6M vs $118.0M）。過去8四半期でAffirm Holdings, Inc.の売上複合成長率が高い（43.5% vs 6.0%）
アファーム・ホールディングスは米国の金融テクノロジー企業で、購入時ローンや後払い決済サービス（BNPL）を提供しています。PayPal共同創業者のマックス・レフチンが2012年に設立した米国最大のBNPL事業者で、2025年現在利用者数は約2600万人、年間決済処理額は370億米ドルに上ります。
Tyler Technologies, Inc.はアメリカ合衆国テキサス州プラーノに本社を置くテクノロジー企業で、米国公共部門向けに独自開発の専用ソフトウェアを提供している。現在米国内17州とカナダ・オンタリオ州トロントにオフィスを展開している。
AFRM vs TYL — 直接比較
損益計算書 — Q2 FY2026 vs Q4 FY2025
| 指標 | | |
|---|---|---|
| 売上 | $401.4M | $575.2M |
| 純利益 | $129.6M | $65.5M |
| 粗利率 | — | 45.5% |
| 営業利益率 | 29.3% | 13.0% |
| 純利益率 | 32.3% | 11.4% |
| 売上前年比 | 32.5% | 6.3% |
| 純利益前年比 | 61.3% | 0.5% |
| EPS（希薄化後） | $0.37 | $1.50 |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
| Q4 25 | $401.4M | $575.2M | ||
| Q3 25 | $320.5M | $595.9M | ||
| Q2 25 | $306.6M | $596.1M | ||
| Q1 25 | $272.5M | $565.2M | ||
| Q4 24 | $303.0M | $541.1M | ||
| Q3 24 | $231.8M | $543.3M | ||
| Q2 24 | $224.0M | $541.0M | ||
| Q1 24 | $195.0M | $512.4M |
| Q4 25 | $129.6M | $65.5M | ||
| Q3 25 | $80.7M | $84.4M | ||
| Q2 25 | $69.2M | $84.6M | ||
| Q1 25 | $2.8M | $81.1M | ||
| Q4 24 | $80.4M | $65.2M | ||
| Q3 24 | $-100.2M | $75.9M | ||
| Q2 24 | $-45.1M | $67.7M | ||
| Q1 24 | $-133.9M | $54.2M |
| Q4 25 | — | 45.5% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 44.0% | ||
| Q1 24 | — | 43.7% |
| Q4 25 | 29.3% | 13.0% | ||
| Q3 25 | 19.9% | 16.4% | ||
| Q2 25 | 18.9% | 16.0% | ||
| Q1 25 | -3.1% | 15.8% | ||
| Q4 24 | -1.4% | 13.2% | ||
| Q3 24 | -57.2% | 15.2% | ||
| Q2 24 | -32.8% | 14.4% | ||
| Q1 24 | -82.5% | 13.1% |
| Q4 25 | 32.3% | 11.4% | ||
| Q3 25 | 25.2% | 14.2% | ||
| Q2 25 | 22.6% | 14.2% | ||
| Q1 25 | 1.0% | 14.3% | ||
| Q4 24 | 26.5% | 12.1% | ||
| Q3 24 | -43.2% | 14.0% | ||
| Q2 24 | -20.2% | 12.5% | ||
| Q1 24 | -68.7% | 10.6% |
| Q4 25 | $0.37 | $1.50 | ||
| Q3 25 | $0.23 | $1.93 | ||
| Q2 25 | $0.22 | $1.93 | ||
| Q1 25 | $0.01 | $1.84 | ||
| Q4 24 | $0.23 | $1.48 | ||
| Q3 24 | $-0.31 | $1.74 | ||
| Q2 24 | $-0.13 | $1.57 | ||
| Q1 24 | $-0.43 | $1.26 |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $1.5B | $1.1B |
| 総負債低いほど良い | $9.0B | $599.7M |
| 株主資本純資産 | $3.5B | $3.7B |
| 総資産 | $13.0B | $5.6B |
| 負債/資本比率低いほどレバレッジが低い | 2.54× | 0.16× |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $950.8M | ||
| Q2 25 | $1.4B | $892.3M | ||
| Q1 25 | $1.4B | $807.4M | ||
| Q4 24 | $1.2B | $768.0M | ||
| Q3 24 | $1.0B | $544.3M | ||
| Q2 24 | $1.0B | $258.0M | ||
| Q1 24 | $1.3B | $196.9M |
| Q4 25 | $9.0B | $599.7M | ||
| Q3 25 | $7.7B | $599.2M | ||
| Q2 25 | $7.6B | $598.8M | ||
| Q1 25 | $7.1B | $598.4M | ||
| Q4 24 | $7.3B | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | $1.8B | $597.1M | ||
| Q1 24 | — | $596.6M |
| Q4 25 | $3.5B | $3.7B | ||
| Q3 25 | $3.3B | $3.6B | ||
| Q2 25 | $3.1B | $3.6B | ||
| Q1 25 | $2.9B | $3.5B | ||
| Q4 24 | $2.8B | $3.4B | ||
| Q3 24 | $2.8B | $3.3B | ||
| Q2 24 | $2.7B | $3.1B | ||
| Q1 24 | $2.6B | $3.0B |
| Q4 25 | $13.0B | $5.6B | ||
| Q3 25 | $11.5B | $5.5B | ||
| Q2 25 | $11.2B | $5.4B | ||
| Q1 25 | $10.4B | $5.2B | ||
| Q4 24 | $10.5B | $5.2B | ||
| Q3 24 | $10.1B | $5.0B | ||
| Q2 24 | $9.5B | $4.8B | ||
| Q1 24 | $9.2B | $4.6B |
| Q4 25 | 2.54× | 0.16× | ||
| Q3 25 | 2.35× | 0.17× | ||
| Q2 25 | 2.48× | 0.16× | ||
| Q1 25 | 2.49× | 0.17× | ||
| Q4 24 | 2.62× | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | 0.67× | 0.19× | ||
| Q1 24 | — | 0.20× |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $173.7M | $243.9M |
| フリーキャッシュフロー営業CF - 設備投資 | $118.0M | $239.6M |
| FCFマージンFCF / 売上 | 29.4% | 41.7% |
| 設備投資強度設備投資 / 売上 | 13.9% | 0.8% |
| キャッシュ転換率営業CF / 純利益 | 1.34× | 3.72× |
| 直近12ヶ月FCF直近4四半期 | $619.1M | $637.5M |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $173.7M | $243.9M | ||
| Q3 25 | $374.6M | $255.2M | ||
| Q2 25 | $74.6M | $98.3M | ||
| Q1 25 | $210.4M | $56.2M | ||
| Q4 24 | $312.0M | $224.8M | ||
| Q3 24 | $196.9M | $263.7M | ||
| Q2 24 | $68.8M | $64.3M | ||
| Q1 24 | $208.2M | $71.8M |
| Q4 25 | $118.0M | $239.6M | ||
| Q3 25 | $320.2M | $251.3M | ||
| Q2 25 | $23.5M | $92.8M | ||
| Q1 25 | $157.4M | $53.8M | ||
| Q4 24 | $268.1M | $221.0M | ||
| Q3 24 | $152.7M | $260.8M | ||
| Q2 24 | $30.5M | $57.7M | ||
| Q1 24 | $161.7M | $64.6M |
| Q4 25 | 29.4% | 41.7% | ||
| Q3 25 | 99.9% | 42.2% | ||
| Q2 25 | 7.7% | 15.6% | ||
| Q1 25 | 57.7% | 9.5% | ||
| Q4 24 | 88.5% | 40.8% | ||
| Q3 24 | 65.9% | 48.0% | ||
| Q2 24 | 13.6% | 10.7% | ||
| Q1 24 | 82.9% | 12.6% |
| Q4 25 | 13.9% | 0.8% | ||
| Q3 25 | 17.0% | 0.7% | ||
| Q2 25 | 16.7% | 0.9% | ||
| Q1 25 | 19.5% | 0.4% | ||
| Q4 24 | 14.5% | 0.7% | ||
| Q3 24 | 19.0% | 0.5% | ||
| Q2 24 | 17.1% | 1.2% | ||
| Q1 24 | 23.8% | 1.4% |
| Q4 25 | 1.34× | 3.72× | ||
| Q3 25 | 4.64× | 3.02× | ||
| Q2 25 | 1.08× | 1.16× | ||
| Q1 25 | 75.03× | 0.69× | ||
| Q4 24 | 3.88× | 3.45× | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | — | 0.95× | ||
| Q1 24 | — | 1.33× |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
AFRM
| Merchant Network | $328.4M | 82% |
| Virtual Card Network | $73.0M | 18% |
| Commercial Agreement Amazon | $1.9M | 0% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
