• Affirm Holdings average operating margin for 2023 was -67.86%, a 1.75% decline from 2022.
• Affirm Holdings average operating margin for 2022 was -66.69%, a 41.47% increase from 2021.
• Affirm Holdings average operating margin for 2021 was -47.14%, a 156.47% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.