Revenue segments as reported by the company.

Merchant network revenue

Virtual card network revenue

Interest income

Gain (loss) on sales of loans

Servicing income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Loss on loan purchase commitment

Provision for credit losses

Funding costs

Processing and servicing

Technology and data Analytics

Sales and marketing

General and administrative

Restructuring charges, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Affirm

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce. Its platform consists of three core elements: a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The company was founded by Max R. Levchin in 2012 and is headquartered in San Francisco, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Affirm Holdings reports strong Q1 earnings, cautious about guidance

AFRM had a strong quarter with a focus on Debit+ and credit performance. The company is cautious about guidance and forecasts, aiming to maintain unit profitability and offset credit losses. AFRM reaffirms commitment to positive adjusted operating income and anticipates ongoing progress in merchant amendments.

Affirm reports mixed Q2 results, focuses on credit performance and profitability

Affirm's Q2 performance showed a mix of results with a focus on credit performance and profitability initiatives. The company faces challenges in consumer spending, credit risk management, and yield pressure. Opportunities exist in reengagement strategies, margin-improving projects, and integrating Debit+ for growth.
Affirm's strong credit performance, effective credit control, and successful partnerships are key strengths. Challenges include managing credit tightly amidst economic conditions and optimizing margins. Opportunities for growth include focusing on higher credit quality loans, margin improvement, and enhancing engagement metrics.

Affirm excels in Q3, focuses on credit performance and growth

Affirm's Q3 showcased exceptional performance and strategic initiatives, with a strong focus on credit performance and product value. Challenges in specific sectors are being addressed, while opportunities in merchant agreements and operational efficiency are being pursued.

Affirm surpasses Q4 expectations, eyes strategic growth amid challenges

Affirm's Q4 performance exceeded expectations, emphasizing profitability and strategic growth initiatives. Despite challenges like credit environment impact and economic volatility, Affirm is poised for further success through market opportunities and strategic planning.

Affirm exceeds Q1 revenue expectations, focuses on innovation and partnerships

Affirm's Q1 performance showcased strong growth and operational efficiency, driven by key product initiatives and effective expense management. The company's focus on innovation, partnerships, and consumer education positions it well for future growth and market expansion.

Affirm reports robust Q2 results, eyes aggressive card adoption strategy

Affirm's Q2 performance showcased growth in GMV and strong partnerships driving positive outcomes. Challenges lie in managing funding costs and credit box expansion, while opportunities exist in increasing Affirm card adoption and enhancing user experience.

Affirm reports robust Q3 performance, eyes international expansion opportunities

Affirm's Q3 performance reflects strong GMV growth, operational efficiency, and resilience to market dynamics.
The company's strengths lie in positive unit economics, unique product offerings, and a focus on long-term growth.
Challenges include quantifying pricing impact, international expansion complexities, and funding requirements.
Opportunities for Affirm include midsized business focus, international growth, and product innovation for market expansion.

Affirm reports robust Q4 performance, eyes growth amid credit challenges

Affirm's Q4 2024 earnings call highlighted strong performance, credit control emphasis, and strategic partnerships. Challenges include managing the credit environment and consumer spending in changing rate environments. Opportunities lie in disciplined growth, investment strategies, and sustainable profitability.

Affirm reports strong Q1 results, eyes UK expansion for growth

Affirm's Q1 performance was strong, with a positive outlook for revenue uplift and RLTC margins. While challenges exist in reinvestment and benchmark rate declines, opportunities in the U.K. market and expansion into new markets present growth potential.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Affirm is founded by PayPal co-founder Max Levchin, Nathan Gettings, Jeffrey Kaditz and Alex Rampell as an alternative to credit card.

The company raises $7.5 million in Series A funding from Charlie Songhurst, David Sacks and others, with a valuation of $15 million. 

Affirm is valued at $85 million after it raises $26 million from Khosla Ventures and others.

The company raises $275 million in a deal led by Spark Capital, giving it a pre-money valuation of $450 million. 

The company raises $140 million in a deal led by Founders Fund, giving it a pre-money valuation of $700 million.

Affirm acquires budgeting app Sweep, expanding beyond point-of-sale lending to provide financial advice for users.

The online checkout option "Pay with Affirm" becomes widely popular, especially with Millennial shoppers looking to buy expensive items.

Affirm partners with Walmart to allow customers to make purchases both in store and on Walmart.com.

Affirm raises another $300 million in funding, led by Thrive Capital.

Affirm partners with Shopify, making its "buy now, pay later" model available to more U.S. merchants.

Affirm partners with Neiman Marcus to give customers a flexible way to buy gifts (or just something for themselves). 

Affirm files to go public on NASDAQ under the stock ticker symble AFRM, with an expected offering amount of $100 million.

affirm.com/press
SEC Form S-1
Marketwatch
Forbes
Inc.
NY Times
TechCrunch
Washington Post

Beyond Meat

Affirm and Beyond Meat are each down more than 90%, but neither looks cheap. Affirm is posting big losses as the era of ultra-low interest rates ends.

2 Pandemic Stocks Down 90% to Sell Right Now

Affirm (AFRM) expects revenues of $1.532-$1.557 billion, up from the earlier mentioned $1.475-$1.550 billion.

Affirm (AFRM) Q1 Earnings Beat on High Transactions, View Up

Affirm is seeing its rate of delinquent payments drop, but now attention is turning to pricing.

When Buying Now and Actually Paying Later Isn't Enough

Affirm (NASDAQ: AFRM ) reported results for its fiscal third quarter of 2023. Affirm posted a loss per share of 69 cents, which is better than the analyst estimate for a loss of 92 cents per share.

AFRM Stock Earnings: Affirm Beat EPS, Revenue Estimates

Buy-now, pay-later service Affirm Holdings Inc. saw losses more than triple in its most recent quarter, but still beat Wall Street's expectations across the board.

Affirm's loss more than triples, but revenue and volume top expectations

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2023 third quarter ended March 31, 2023. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found on the “Events and Presentations” section of the Company's investor relations website at https://investors.affirm.com. Affirm will.

Affirm Reports Third Quarter Fiscal Year 2023 Results

Affirm's (AFRM) third-quarter fiscal 2023 results are likely to reflect lower merchant network revenues.

Affirm (AFRM) to Post Q3 Earnings: What You Should Expect

Airbnb

Luminar Technologies

Occidental Petroleum

Rivian Automotive

In the first half-hour of Monday's trading, the Dow Jones industrials were down 0.12%, the S&P 500 down 0.13% and the Nasdaq 0.33% lower.

Earnings Previews: Affirm, Airbnb, Luminar, Occidental Petroleum, Rivian

Apple

PayPal

While controversial, the buy now, pay later (BNPL) sector is booming. Currently, a handful of companies dominate the BNPL space.

The 3 Most Promising BNPL Fintechs to Watch in May 2023

Affirm Holdings (AFRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Affirm Holdings (AFRM) Q3 Earnings Expected to Decline

In the spirit of “read now, understand now” we organize and publish PYMNTS' Provider Ranking of Buy Now, Pay Later Apps that we might increase insight and improve business. Sounds pretty noble, we know.

Affirm and Klarna Continue to Rule Provider Ranking of BNPL Apps

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it will publish its third quarter fiscal year 2023 shareholder letter, including its financial results, on its investor relations website at https://investors.affirm.com/ on Tuesday, May 9, 2023, after market close. The Company will host a conference call and webcast at 5:00pm ET that same day.

Affirm to Announce Third Quarter Fiscal Year 2023 Results on May 9, 2023

Fiserv

While tech investors saw some welcome relief this year, the Nasdaq-100 index remains in bear territory. Many individual tech stocks lost a significant amount of their value in 2022 and still trade well below all-time highs.

Nasdaq Bear Market: 1 Growth Stock to Buy, and 1 to Sell

After a rough slide in the stock price, the macro environment is finally taking its toll on Affirm's financials. Growth slowed down greatly in the latest quarter with persistent weakness expected ahead.

Affirm: A Rude Awakening

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it is expanding its relationship with Stripe, a financial infrastructure platform for businesses, to Canada. Affirm's Adaptive Checkout™ is now available to all eligible Canadian Stripe users, allowing merchants and platforms to add this pay-over-time option to their checkout experience in minutes.

Affirm and Stripe Expand Partnership to Help Merchants in Canada Grow Revenue

Asana

Alteryx

CrowdStrike

Innovative Industrial Properties

Intel

monday.com

Marqeta

Pinterest

SentinelOne

Smartsheet

Unity Software

Upstart Holdings

My tech-growth portfolio made new lows in December, reaching a decline of 40%. Nevertheless, when regarding the glass as half full, SaaS stocks have reached historically low valuations, within just two years of reaching bubble valuations.

I Didn't Think My Portfolio Could Sink Lower

Block

Buy-Now-Pay-Later (BNPL) stocks and services have become a hot item on many investors watch lists. The freedom for consumers to defer payments over time may be tempting as well as convenient for some, but experts have raised questions over their potential risks for abuse in the past.

3 Buy-Now-Pay-Later (BNPL) Stocks to Avoid Like the Plague Right Now

Buy-Now-Pay-Later (BNPL) stocks represent a growing form of commerce. Essentially, BNPL companies allow consumers to pay in chunks, rather than lump sums, for large purchases.

3 Buy-Now-Pay-Later (BNPL) Stocks Sitting in the Sweet Spot

Riot Blockchain

Investors are always looking for a good bargain. And companies whose share prices have plunged can represent great buying opportunities if conditions are right.

3 Dangerous Stocks to Avoid at All Costs

Affirm Holdings, Inc. comes off of a disappointing year. The fintech's growth is slowing which is creating serious pressure for the fintech's valuation. Losses are growing.

Affirm Holdings: Slowing Growth Is A Big Problem

Apple's launch of buy now, pay later offerings didn't move AAPL stock much, but investors in PayPal, Square and Affirm took notice. The post How Apple Pay Later Will Pressure PayPal, Cash App And Affirm appeared first on Investor's Business Daily.

How Apple Pay Later Will Pressure PayPal, Cash App And Affirm

Investors of Affirm (AFRM) react negatively to the Apple Pay Later launch as Apple's entry into the market might shed transactions from Affirm's kitty.

Affirm (AFRM) Shares Fall 7.3% After Apple Pay Later Launch

Affirm (NASDAQ: AFRM) stock price sell-off intensified this week as concerns about competition continued. The shares dropped to a low of $9.47, the lowest point since January 10 of this year.

Affirm stock price forecast: AFRM braces for more headwinds

Shares of Affirm Holdings Inc. AFRM were dropping 8% in Tuesday trading after Apple Inc. AAPL said it had finally “introduced” its buy-now-pay-later service, called Apple Pay Later. “Starting today, Apple will begin inviting select users to access a prerelease version of Apple Pay Later, with plans to offer it to all eligible users in the coming months,” Apple said in a Tuesday morning release.

Affirm stock drops after Apple starts its BNPL rollout

The alliance adds VersaClimber to Affirm's (AFRM) network of more than 240,000 retail partners.

News for Affirm Stock (AFRM)