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

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.

Affirm stock up 30%: ‘higher rates have not been a real impact on cost'

Shares of the buy now, pay later fintech company are surging after a strong earnings print and bullish forward guidance. The post AFRM Stock Climbs 30% After Affirm Beat Q3 Revenue Estimates appeared first on InvestorPlace.

AFRM Stock Climbs 30% After Affirm Beat Q3 Revenue Estimates

Twitter

Wall Street appeared to be in a better mood on Friday.

Elon Musk's Latest Twitter Drama Is Distracting Investors From This Soaring Stock

Affirm says it expects revenue for the fiscal year of $1.33 billion to $1.34 billion, higher than its prior estimates of $1.31 billion.

Affirm Stock Soars as Fiscal-Year Revenue Forecast Is Raised

Affirm Holdings, Inc. (NASDAQ:AFRM ) Q3 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Rob O'Hare - Senior Vice President, Finance Max Levchin - Founder and Chief Executive Officer Michael Linford - Chief Financial Officer Conference Call Participants Moshe Orenbuch - Credit Suisse Dan Perlin - RBC Capital Markets James Faucette - Morgan Stanley Jason Kupferberg - Bank of America Ramsey El-Assal - Barclays Andrew Jeffrey - Truist Securities Dan Dolev - Mizuho Rob Wildhack - Autonomous Research Bryan Keane - Deutsche Bank Operator Good afternoon, ladies and gentlemen. Thank you for standing by.

Affirm Holdings, Inc. (AFRM) CEO Max Levchin on Q3 2022 Results - Earnings Call Transcript

After sliding 40% over the past week and 90% in six months, shares of the buy now, pay later (BNPL) provider Affirm saw a 30% jump in after-hours trading Thursday (May 12) after the San Francisco-based FinTech reported strong trailing results, optimistic guidance and an extension of its Shop Pay installment program its runs for over […]

Affirm Surprises Market With Merchant and Customer Growth, Extended Shopify Pact

Affirm Holdings Inc (NASDAQ: AFRM) reported third-quarter revenue growth of 53.8% year-over-year to $354.8 million, beating the consensus of $344.03 million. GMV was $3.9 billion, an increase of 73% Y/Y.

Affirm Stock Soars Afterhours On Solid Q3 Results

Shares of Affirm Holdings Inc. surged in after-hours trading Thursday after the buy-now pay-later company delivered a revenue beat and an upbeat volume forecast in the face of “volatile market conditions.”

Earnings Results: Affirm stock soars as company tops revenue expectations ‘despite volatile market conditions'

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce. The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection with the extended agreement, all eligible U.S. merchants offering Shop Pay Installments will have a

Affirm Extends Multi-Year Exclusive Partnership with Shopify in the U.S.

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the "Company”), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2022 third quarter ended March 31, 2022. “We continue to deliver strong growth with attractive unit economics as we rapidly scale our network,” said Max Levchin, Founder and CEO of Affirm. “The number of active merchants on our platform grew from 12,000 to 207,000 year over

Affirm Reports Fiscal Year 2022 Third Quarter Results

Affirm Holdings, Inc (NASDAQ: AFRM) is set to print its fiscal third-quarter financial results after the market closes on Thursday. The stock was trading more than 20% higher heading into the event.

Affirm Surges Heading Into Q3 Earnings: How To Play The Stock

MoneyLion

MoneyLion reported earnings results and Upstart and Affirm appear to be recovering after an intense sell-off this week.

News for Affirm Stock (AFRM)