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

San Francisco, California--(Newsfile Corp. - March 17, 2022) - Hagens Berman urges Affirm Holdings, Inc. (NASDAQ: AFRM) investors who suffered significant losses on Feb. 10, 2022 to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.Class Period: Feb. 10, 2022 - Feb. 10, 2022Lead Plaintiff Deadline: Apr. 29, 2022Visit: www.hbsslaw.com/investor-fraud/AFRMContact An Attorney Now: AFRM@hbsslaw.com844-916-0895Affirm Holdings, Inc. (AFRM) Securities Fraud Class Action: T

AFRM INVESTOR FRAUD: Hagens Berman, National Trial Attorneys, Encourages Affirm Holdings (AFRM) Investors with Losses to Contact Firm's Attorneys, Securities Class Action Filed

Affirm stock has been a dismal story in 2022, and things seem hard now to change as the latest earnings report showed a widening net loss. The post Expect More Weakness from Affirm Stock as it Keeps Loosing Money appeared first on InvestorPlace.

Expect More Weakness from Affirm Stock as it Keeps Loosing Money

There's no bottom to AFRM stock given its terrible fundamentals. Affirm's pandemic-driven tailwinds have faded and its losses are mounting.

Why the Bulls Are Still Wrong About Affirm Stock

New York, New York--(Newsfile Corp. - March 16, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Affirm Holdings, Inc. (NASDAQ: AFRM) on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 P.M. EST (the "Class Period"), of the important April 29, 2022 lead plaintiff deadline.SO WHAT: If you purchased Affirm securities during the Class Period...

ROSEN, A LEADING LAW FIRM, Encourages Affirm Holdings, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - AFRM

Philadelphia, Pennsylvania--(Newsfile Corp. - March 16, 2022) - Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities of Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM) between February 10, 2022, through February 10, 2022 (the "Class Period"). If you purchased Affirm securities during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net...

AFFIRM HOLDINGS INC. UPDATE: Berger Montague Investigates Securities Fraud Allegations Against Affirm Holdings, Inc. (AFRM); Lead Plaintiff Deadline is April 29, 2022

Affirm CEO Max Levchin said last month he was comfortable with Affirm's operating losses, but the market no longer is. Affirm has enough cash to get through the present downturn, but investors aren't interested in money-losing growth.

Affirm Holdings Is Loosing Out In Profits

SAN DIEGO, March 15, 2022 /PRNewswire/ --  Robbins Geller Rudman & Dowd LLP announces that purchasers of Affirm Holdings, Inc. (NASDAQ: AFRM) securities on February 10, 2022 after Affirm sent a tweet concerning its second quarter 2022 financial results at approximately 1:15 p.m. EST (the "Class Period") have until April 29, 2022 to seek appointment as lead plaintiff in Toole v.

ALERT: Affirm Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - AFRM

San Francisco, California--(Newsfile Corp. - March 15, 2022) - Hagens Berman urges Affirm Holdings, Inc. (NASDAQ: AFRM) investors who suffered significant losses on Feb. 10, 2022 to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.Class Period: Feb. 10, 2022 - Feb. 10, 2022Lead Plaintiff Deadline: Apr. 29, 2022Visit: www.hbsslaw.com/investor-fraud/AFRMContact An Attorney Now: AFRM@hbsslaw.com844-916-0895Affirm Holdings, Inc. (AFRM) Securities Fraud Class Action: Th

AFRM ALERT: Hagens Berman, National Trial Attorneys, Alerts Affirm Holdings (AFRM) Investors to Filing of Securities Class Action, Encourages Investors with Losses to Contact Firm's Attorneys

Affirm Holdings (AFRM) boosts fiscal 2022 revenue less transaction costs' guidance to at least $600 million from the previous range of $585-$595 million.

Affirm (AFRM) Down 15% Despite Raising Guidance: Here's Why

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5 Stocks Institutional Investors Are Buying Now as Bear Market Fears Swirl

Affirm (NASDAQ: AFRM) stock price crashed to a record low even after the company upgraded its forward guidance. The shares crashed to $26.22, which was the lowest on record and about 85% below its all-time high.

Affirm stock price forecast after falling back to earth

Affirm continues to report strong growth with large losses.

Affirm: Chasing Too Much Growth

The company raised its outlook but also had to recently stop the sale of a bond.

Why Shares of Affirm Holdings Fell Today

Cheaper isn't the same thing as offering more value when it comes to a name like AFRM stock, but that day may still come. The post Should Investors Finally Consider Affirm Stock a Buy?

Should Investors Finally Consider Affirm Stock a Buy?

If you thought buy now, pay later (BNPL) headlines were hot during the pandemic, buckle up as the installments space begins a wild post-COVID ride pitting banks against the pure plays. The latest to make a splash is Affirm, having announced Monday (Mar. 14) that it is adjusting fiscal Q3 2022 earnings released in February […]

Affirm Earnings Update Heats Up Talk of BNPL Pure Plays Versus Encroaching Banks

In today's note, we will discuss the recent ~40% decline from Affirm's shares (from the audience: "Which one?!). Indeed, there have been many over the last 14 months.

Affirm: Markets Are Panicked, But We, And Management, Have Never Been More Confident

Buy now pay later (BNPL) giant Affirm boosted its business performance outlook for the third quarter and full-year 2022 from its original guidance released on Feb. 10, according to a company press release on Monday (March 14).   The company said its fiscal quarter-to-date financial performance “exceeded expectations,” with strong gross merchandise volume (GMV) growth driven […]

BNPL Firm Affirm Boosts Outlook, Credits Partnerships Boosting GMV

Affirm Holdings Inc (NASDAQ: AFRM) is trading lower Monday after raising guidance, which showed company expectations still remain below analyst estimates.  Affirm said it expects fiscal third-quarter revenue to be at least $335 million, which is up from previous.

Why Affirm Shares Are Falling

New York, New York--(Newsfile Corp. - March 14, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Affirm Holdings, Inc. (NASDAQ: AFRM) on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 P.M. EST (the "Class Period"), of the important April 29, 2022 lead plaintiff deadline.SO WHAT: If you purchased Affirm securities during the Class Period...

AFRM SHAREHOLDER ALERT: ROSEN, A RANKED AND LEADING FIRM, Encourages Affirm Holdings, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - AFRM

An upbeat revenue outlook can't stop Affirm stock from tumbling. The shares have fallen about 70% in 2022.

Affirm Just Raised Its Guidance. But the Stock Can't Stop Its Plunge.

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 provided an update on its business performance, including its current funding capacity and availability, and raised the Company's third quarter and full year fiscal 2022 financial outlook. Updated Business Performance and Financial Outlook The Company's fiscal quarter-to-date financial performance has exceeded expec

Affirm Provides Business Performance Update

Affirm Holdings Inc. boosted its outlook Monday as the buy-now, pay-later company said that it's seen better-than-expected performance thus far in the March quarter.

Affirm boosts outlook but stock falls

Radnor, Pennsylvania--(Newsfile Corp. - March 14, 2022) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Affirm Holdings, Inc. ("Affirm") (NASDAQ: AFRM). The action charges Affirm with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Affirm's materially misleading statements to the public, Affirm's investors...

AFRM EQUITY ALERT: Kessler Topaz Meltzer & Check, LLP Announces that a Securities Fraud Class Action Lawsuit filed Against Affirm Holdings, Inc

With Affirm facing tough competition, the company has had to tremendously boost its spending. For AFRM stock, there's no hope on the horizon.

Affirm Stock Will Suffer From Profitability Woes for the Foreseeable Future

New York, New York--(Newsfile Corp. - March 13, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Affirm Holdings, Inc. (NASDAQ: AFRM) on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 P.M. EST (the "Class Period"), of the important April 29, 2022 lead plaintiff deadline.SO WHAT: If you purchased Affirm securities during the Class Period...

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Affirm Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - AFRM

News for Affirm Stock (AFRM)