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

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

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

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

Investors in AFRM stock and its buy now, pay later peers should be closely watching March 1. Regulators could be honing in.

Dear AFRM Stock Fans, Mark Your Calendars for a March 1 Deadline

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM). The investigation concerns whether Affirm has violated the federal securities laws and/or engaged in other unlawful business practices. Affirm, headquartered in San Francisco, California, operates a platform for digital and mobile-first commerce in the United States and Canada. Affirm's platform includes point-of-sale payment

INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims on Behalf of Affirm Holdings, Inc. (AFRM) Investors

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

News for Affirm Stock (AFRM)