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

Has AFRM stock bottomed after its Q3 results? Don't count on it.

3 Economic Indicators Spell Big Trouble for Affirm

Affirm Holdings, Inc. (NASDAQ:AFRM ) JP Morgan 50th Annual Global TMC Conference Call May 25, 2022 1:10 PM ET Company Participants Max Levchin - Founder and CEO, Affirm Holdings, Inc. Conference Call Participants Reggie Smith - J.P. Morgan Reggie Smith Good afternoon.

Affirm Holdings, Inc. (AFRM) CEO Max Levchin on JP Morgan 50th Annual Global TMC Conference Call (Transcript)

AFRM stock will build on its business momentum from here after the company posted strong transaction volumes and merchandise volume growth. The post Affirm Stock Is a Wait and See Until August 9's Quarterly Results appeared first on InvestorPlace.

Affirm Stock Is a Wait and See Until August 9's Quarterly Results

The latest deal will likely aid Affirm (AFRM) in offering its products to 3.7 million WooCommerce merchants.

Affirm (AFRM) Declines 15.3% Despite WooCommerce Alliance

Open-source commerce solution WooCommerce, which was built on WordPress, has deepened a partnership with buy now, pay later (BNPL) firm Affirm to offer new ways of paying over time in installments, a press release said Tuesday (May 24). Eligible WooCommerce businesses can offer Affirm at checkout more easily, or PayBright in Canada, which is an […]

WooCommerce Expands Partnership With BNPL Firm Affirm

This company is operating in the fastest-growing segment of the $10 trillion global payments industry.

Down 87%, This Growth Stock Might Be Ready for a Comeback

SAN FRANCISCO--(BUSINESS WIRE)--WooCommerce, the flexible, open-source commerce solution built on WordPress, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a deepened partnership to provide WooCommerce merchants the opportunity to offer consumers the ability to pay over time through Affirm. WooCommerce has 3.7 million merchants, including brands such as Gardyn, Tonal, Mint Mobile & Teeter. Eligible WooCommerce busines

WooCommerce and Affirm Expand Partnership and Launch in Canada

SAN FRANCISCO--(BUSINESS WIRE)--Affirm, the payment network that empowers consumers, today unveiled a new campaign with supermodel and entrepreneur, Ashley Graham. After decades of apartment-dwelling in New York City, Ashley recently moved to a new home in suburban New Jersey, offering her the opportunity to decorate her house and design her first-ever backyard for her newly-expanded family. Just like Ashley, one-third (34%) of Americans are planning to furnish a new home or apartment this year

Ashley Graham Reveals New Backyard In Partnership With Affirm

Affirm Holdings' stock has been caught in a down-channel. The stock recently made a new low, but bounced upwards after earnings.

Affirm: Set For A Rebound

PayPal

SoFi Technologies

Robust fintech stocks are likely to rebound in the near future. These 3 fintech stocks are highly undervalued.

3 Undervalued Fintech Stocks to Buy Now

Few fintech stocks have been hit as hard as Affirm this year, but its latest earnings report showed some positive signs.

2 Positive Trends That Could Steer Affirm in the Right Direction

Upstart Holdings

Not bad. Relatively speaking, that is. In a week where sentiment in the stock market has been driven by retailers — Target, Lowe's, et al — and where we saw mid-single-digit percentage declines in the overall indices, the FinTech IPO group held up pretty well.

Affirm, Upstart Help FinTech IPO Index Beat Sagging Retailers, Markets

Affirm stock has shot up in recent days, but be careful with Federal Reserve interest rates on the rise.

Be Cautious With Affirm in a Rising-Rate Environment

Affirm (AFRM) has around $3 billion in its kitty and a stressed tech sector to shop from.

Affirm (AFRM) Jumps 10%, Eyes Profitability by Mid-2023

American Express

JPMorgan Chase & Co

Block

Could these top fintech stocks be good value buys right now?

4 Top Fintech Stocks To Watch Today

Affirm Stock bottomed after March quarter numbers were better than expected, but the economy remains ragged, limiting gains. The post Affirm Stock Bottomed After March Quarter Numbers appeared first on InvestorPlace.

Affirm Stock Bottomed After March Quarter Numbers

Affirm Holdings, Inc. (NASDAQ:AFRM ) Barclays 2022 Emerging Payments and Fintech Forum May 17, 2022 3:20 PM ET Company Participants Michael Linford - CFO Conference Call Participants Ramsey Clark El-Assal - Barclays Ramsey Clark El-Assal Welcome back, everybody, very pleased today to welcome Michael Linford, CFO of Affirm to the conference. Michael, thank you for joining us again.

Affirm Holdings, Inc. (AFRM) Presents at Barclays 2022 Emerging Payments and Fintech Forum (Transcript)

After more than doubling its transaction volume and active users in its fiscal Q3, Affirm wants to focus on turning a profit.

Affirm sharpens focus on profitability after strong quarter

SPDR S&P 500 ETF Trust

Aurora Cannabis

The S&P 500 ETF, Costco, Affirm and Aurora Cannabis were our top stock trades for Monday. Now, let's have a look at the charts.

4 Top Stock Trades for Monday: SPY, COST, AFRM, ACB

Duolingo

Robinhood

Poshmark

QUALCOMM

Should investors be getting in on these head-turning names in the consumer tech space right now?

Good Stocks To Buy Right Now? 5 Consumer Tech Stocks In Focus

Americans are shopping and buying and "they're paying their loans, at least to Affirm quite well," Affirm's Max Levchin said Thursday evening.

‘U.S. consumer is alive and well' — Affirm CEO says market turbulence has no impact on business

Affirm Holdings Inc (NASDAQ: AFRM) shares are trading higher by 22.24% at $22.05. The company Thursday reported better-than-expected third-quarter EPS and sales results.

Why Affirm Shares Are Rising

Payoneer Global

The payments companies all generated solid results for the quarter ending March 31.

Why Shares of Affirm, Toast, and Payoneer Global Are Rising Today

Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping.

Buy now, pay later is not a boom, it's a bubble, Harvard researcher says

Affirm Holdings Inc (NASDAQ: AFRM) stock opened 30% up on Friday after the BNPL company reported strong results for its fiscal Q3 and raised guidance for the full financial year. Key takeaways from Affirm Q3 earnings report Lost 19 cents per share in the third quarter versus the year-ago figure of $1.23.

News for Affirm Stock (AFRM)