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

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announces that it is investigating potential violations of the federal securities laws by Affirm Holdings, Inc. ("Affirm" or "the Company") (NASDAQ:AFRM). The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Affirm is the subject of an inquiry by the Consumer Financial Protection Bureau

SHAREHOLDER ALERT - Labaton Sucharow Investigating Affirm Holdings, Inc. - AFRM

NEW YORK, Feb. 16, 2022 /PRNewswire/ --  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 contingency fee arrangement.

SHAREHOLDER ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Affirm Holdings, Inc. Investors with Losses to Inquire About Securities Class Action Investigation - AFRM

In Q2 2022, the company more than doubled its gross merchandise volume (GMV) year over year. In fact, that number was up 115% to $4.5 billion.

Use Weakness as Opportunity with Affirm Holdings Stock

The company's buy now, pay later business is a lot more popular with consumers than investors right now.

Should You Buy Affirm Holdings on the Dip?

Affirm reported the results of its fiscal Q2 last week. The results were exceptionally strong, particularly with regards to the growth of GMV, revenues and revenues less transaction costs.

The Investment Case For Buying Affirm Shares Now

NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Affirm Holdings, Inc. ("Affirm " or "the Company") (NYSE: AFRM). Investors who purchased Affirm securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/afrm. The investigation concerns whether Affirm and certain of its officers and/or directors have violated federal securities laws. On December

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Affirm Holdings, Inc. (AFRM) Investigation

Affirm's active consumers grew 150% to 11.2 million for the year or 29% from last quarter.

Affirm: Eyes Set On Disrupting FICO

The opportunity with Affirm involves a weird Tweet, a tumbling stock, and sensational long-term growth prospects.

Why Affirm Is a Table-Pounding Buy After Earnings

Affirm is growing exponentially as BNPL adoption gains steam in a lowly penetrated US market. Affirm's two-sided network has the potential to disrupt the traditional credit card payment network dominated by Mastercard and Visa

Affirm: BNPL And Beyond

Atlanta, Georgia--(Newsfile Corp. - February 14, 2022) - Holzer & Holzer, LLC is investigating whether Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM) complied with federal securities laws. The Consumer Financial Protection Bureau ("CFPB") recently ordered the Company to provide information due to concerns over industry practices and risk. On February 10, 2022, Affirm released a third quarter forecast that missed estimates and prompted questions about how the Company's partnerships impact revenue. Following this news,...

SHAREHOLDER ALERT: Investigation of Affirm Holdings, Inc. (AFRM) Announced by Holzer & Holzer, LLC

Affirm is a leader in the 'buy now pay later' market.

Why Is Affirm Down Despite Growing Numbers?

With shares of Affirm shedding roughly 45% late last week and extending a three-month decline that is now approaching 70%, it is difficult to pay attention to anything other than the investor-lead view of the beleaguered buy now, pay later (BNPL) provider. And yet, away from Wall Street, the San Francisco-based FinTech's core consumer and […]

Investors, Merchants and Consumers Have Drastically Different Views of Affirm

Buy now, pay later (BNPL) company Affirm reported a 115% year over year (YoY) surge in gross merchandise volume (GMV) for its fiscal Q2 2022.

Affirm hopes to prop up financials with new tie-ups and features following Twitter blunder

Splunk

Can Wall Street start moving higher again?

Splunk Is on the Rise, but This Once-Hot Stock Is Weighing Down the Nasdaq

Last week, Affirm Holdings pre-released 2Q-22 earnings, causing the stock to plummet by a significant percentage. Larger losses and "disappointing" guidance were used as an excuse to hammer the stock.

Affirm: The 20% Drop Is A Buying Opportunity

Shares of Affirm Holdings Inc (NASDAQ: AFRM) tumbled another 20% on Friday after a big Thursday sell-off as the company's revenue guidance disappointed the market. On Thursday, Affirm reported a fiscal second-quarter EPS loss of 57 cents, a larger loss that the 32 cents per share analysts had projected.

'We Understand Street Frustration': 3 Affirm Analysts React To Noisy Q2 Earnings Report

Shares of Affirm Holdings Inc (NASDAQ: AFRM) have tanked over 40% in less than 48 hours on disappointing guidance for Q3 revenue. The massive sell-off, as per Dan Dolev, is an opportunity to set foot in a quality stock at a deep discount.

Affirm shares are now down 42%: buy the dip or sell the rip?

Buy-now-pay-later service provider Affirm can't catch a break today. AFRM stock is down around 18% after the company reported Q2 earnings.

Affirm (AFRM) Stock News: Why the Buy-Now-Pay-Later Play Is Making Major Headlines Today

Affirm Holdings Inc (NASDAQ:AFRM) is down 9.9% to trade at $52.90 at last check, extending yesterday's 21.4% dip, after it accidentally released its quarterly report earlier than expected.

Affirm Stock Extends Losses After Earnings Blunder

I am not surprised to see the company guide expectations lower for revenue and profits and the stock has much farther to fall.

Affirm's Results Affirm My Thesis: Sell This Stock

There's a well-known bumper sticker that succinctly condenses a fatalistic worldview into two simple words: “Stuff Happens.”While that* is a polite interpretation of the actual saying, it fairly characterizes the final five hours of hell endured by Buy Now, Pay Later provider Affirm on Thursday (Feb 10) afternoon, as the 10-year-old firm marked its first […]

Sell Now, Ask Later: Shocked Affirm Investors Scramble for Answers to Justify 21% Stock Decline

Affirm stock (AFRM) has continued with its three months long bear market after the recently released botched earnings that show that the ‘Buy now, pay later' company has continued to incur more losses. To help stock traders eying the AFRM stock, Invezz has created a brief article on what it is and the best places […] The post Affirm stock (AFRM) falls 21% after report shows losses: you can buy the dip here appeared first on Invezz.

Affirm stock (AFRM) falls 21% after report shows losses: you can buy the dip here

The fintech's shares went on a ride and its results were released early after a now-deleted tweet shared key figures on its quarterly financial performance.

Affirm tumbles 10% after the buy-now-pay-later fintech's Twitter blunder revealed details of its earnings early

Affirm Holdings, Inc. (AFRM) CEO Max Levchin on Q2 2022 Earnings Conference Call - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of 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 contingency fee arrangement.

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Affirm Holdings, Inc. Investors with Losses in Excess of $100K to Inquire About Securities Class Action Investigation – AFRM

News for Affirm Stock (AFRM)