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

Radnor, Pennsylvania--(Newsfile Corp. - March 5, 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...

Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Affirm Holdings, Inc

The "buy now, pay later" company continues to struggle.

Why Affirm Holdings Plummeted 34.7% in February

RADNOR, Pa.--(BUSINESS WIRE)---- $AFRM--Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Affirm Holdings, Inc.

Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Affirm Holdings, Inc. (AFRM)

SAN FRANCISCO, March 3, 2022 /PRNewswire/ -- Hagens Berman urges Affirm Holdings, Inc. (NASDAQ: AFRM) investors who suffered significant losses on Feb. 10, 2022 to submit your losses now. Class Period: Feb. 10, 2022 – Feb. 10, 2022 Lead Plaintiff Deadline: Apr. 29, 2022 Visit: www.hbsslaw.com/investor-fraud/AFRM Contact An Attorney Now: AFRM@hbsslaw.com                                               844-916-0895 Affirm Holdings, Inc. (AFRM) Securities Fraud Class Action: The lawsuit focuses on Affirm's use of social media in connection with its release of partial quarterly financial results.

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

RADNOR, Pa., March 2, 2022 /PRNewswire/ -- 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).

INVESTOR NOTIFICATION: Kessler Topaz Meltzer & Check, LLP Announces Lead Plaintiff Deadline on April 29, 2022 in Securities Fraud Class Action Lawsuit Filed Against Affirm Holdings, Inc.

The company posted strong revenue growth in the fourth quarter, but expenses grew even faster.

Why Affirm Holdings Tanked 34.7% in February

SAN DIEGO--(BUSINESS WIRE)---- $AFRM #attorney--Affirm Holdings, Inc. (AFRM) Tweeted Misleading Financial Results

AFRM SHAREHOLDER ALERT: Robbins LLP Informs Investors of Class Action Against Affirm Holdings, Inc. (AFRM)

Confluent

PayPal

Investors are finally starting to think about the sustainability of many tech companies' business models.

Is It Time to Buy the Nasdaq's 4 Worst-Performing February Stocks?

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Affirm securities on February 10, 2022 after approximately 1:15pm EST. Investors have until April 29, 2022 to

AFFIRM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Affirm and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $AFRM #AFRM--The Schall Law Firm Encourages Investors in Affirm Holdings, Inc. with Losses of $100,000 to Contact the Firm

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Affirm Holdings, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, March 1, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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").

NATIONALLY RANKED ROSEN LAW FIRM Encourages Affirm Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - AFRM

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM) securities 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”). Affirm investors have until April 29, 2022 to file a lead plaintiff motion. If

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Affirm Holdings, Inc. (AFRM) Investors

SHAREHOLDER ALERT: Robbins LLP Informs Investors of Class Action Against Affirm Holdings, Inc. (AFRM)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than Apri

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Affirm Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – AFRM

Fiserv

Mastercard

Block

Upstart Holdings

Should investors be paying more attention to these fintech stocks?

Cheap Stocks To Buy Now? 5 Fintech Stocks For Your March Watchlist

Affirm reported a decent FQ2 card but offered a hugely underwhelming FQ3 guidance. Its guidance underscored the viability of its underlying thesis.

Is Affirm Stock Worth Buying For Long-Term Investors? Not Even At This Price

San Diego, California--(Newsfile Corp. - February 24, 2022) - Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM) and its officers and directors for violations of federal securities laws. On December 16, 2021, the Consumer Financial Protection Bureau (the "CFPB") announced that it had launched an inquiry into the payment service offered by Affirm known as "buy-now, pay-later" ("BNPL"). The CFPB issued...

(AFRM) News: Why is Affirm Holdings Stock Dropping? Contact Johnson Fistel Regarding Investigation

Affirm has seen a lot of its recent volume come from different kinds of loans than in prior quarters.

1 Big Shift in Affirm's Business Model That You Should Know

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Max Levchin, Founder and CEO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 9, 2022 in San Francisco, CA. The discussion will begin at 4:45PM PT. The fireside chat will be webcast live on the Company's investor relations website at https://investors.affir

Affirm to Participate in the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2022

New York, New York--(Newsfile Corp. - February 22, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Affirm Holdings, Inc. (NASDAQ: AFRM) resulting from allegations that Affirm may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Affirm securities you may be entitled to compensation without payment of any out of pocket fees or costs through a...

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Affirm Holdings, Inc. Investors with Losses to Inquire About Securities Class Action Investigation - AFRM

Affirm stock has been a disaster, but more destruction is coming. AFRM stock is still facing a bleak future as the company itself says its outlook is for lower revenue and higher costs and losses.

Affirm Stock Has Been a Disaster, but More Destruction Is Coming

Redfin

The tech sector is spilling plenty of red ink right now, but Wall Street analysts see big gains ahead for these two stocks.

Tech Sell-Off: 2 Beaten-Down Growth Stocks With 234% to 284% Upside, Says Wall Street

Founded in 2012 and headquartered in San Francisco, Affirm Holdings Inc. ( AFRM , Financial) is a leading fintech company that offersbuy now pay later services for point-of-sale transactions in the United States, Canada, the United Kingdom and Australia.

Affirm Holdings: Still Pricey Despite the Pullback

Buy now, pay later companies like Affirm are operating in a very risky area of lending.

This Isn't an Investable Trend for the Average Retail Investor

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM) on behalf of Affirm stockholders. Our investigation concerns whether Affirm has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On December 16, 2021, the Consumer Financial Protection Bureau (the

AFFIRM ALERT: Bragar Eagel & Squire, P.C. is Investigating Affirm Holdings, Inc. on Behalf of Affirm Stockholders and Encourages Investors to Contact the Firm

News for Affirm Stock (AFRM)