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

DA Davidson analyst Christopher Brendler upgraded Affirm Holdings Inc  AFRM shares to Buy from Neutral with a price target of $75, down from $110, suggesting an upside of 29%. The analyst contends that the selloff in the stock is "overdone.

DA Davidson Turns Bullish On This Payment Network

Shares of Affirm Holdings Inc. have cratered 69% from their closing high in November, and one analyst says that steep drop is “overdone.”

The Ratings Game: Affirm's ‘brutal selloff' means stock is now a buy, analyst says in upgrade

Affirm CEO debuts new super app with a Google Chrome extension to allow purchases from merchants not yet integrated with the service.

Affirm CEO: New super app, Google Chrome extension will help bring consumer ‘spending power' back

Affirm Holdings, Inc. (NASDAQ:AFRM) is gearing up for earnings, due out after the close just two weeks from now on Thursday, Feb. 10.

Is This E-Payment Stock Worth the Risk Right Now?

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

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

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

Tech stocks are rallying, and the company announced new product updates.

Why Shares of Affirm Are Rising Today

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced the launch of two significant additions to its product suite: the Affirm SuperApp and Chrome browser extension. Affirm's new SuperApp delivers the best of Affirm's shopping, payments, and financial services in one easy-to-use destination. The new Google Chrome browser extension allows consumers to use Affirm's flexible and transparent payment solut

Affirm Launches SuperApp and Browser Extension to Bring Consumers More Smart Ways to Shop and Manage Their Finances

The market's trash might be your opportunity to find treasure.

Affirm Stock: Buy, Sell, or Hold After Falling 42% in January?

U.S. consumers spend $8 trillion on credit cards while the credit cards themselves haven't seen much innovation in the past 50 years. Visa was originally started by Bank of America to serve a network of issuing banks to enable them to offer credit products.

Affirm: Reorienting The Payment Rails

Buying into a steep decline in stocks can be a scary prospect, but history suggests it can also be very rewarding.

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SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced it will host a conference call and webcast to discuss second quarter fiscal year 2022 financial results on Thursday, February 10, 2022 at 5:00pm ET. Hosting the call will be Max Levchin, Founder and Chief Executive Officer, and Michael Linford, Chief Financial Officer. The conference call will be webcast live from the Company's inves

Affirm to Announce Second Quarter 2022 Results on February 10, 2022

The buy now, pay later contender has many problems to address.

Affirm: Great Idea, Not-So-Great Company

Affirm Holdings (AFRM) closed the most recent trading day at $64.30, moving +0.19% from the previous trading session.

Affirm Holdings (AFRM) Gains As Market Dips: What You Should Know

Digital payments firm Verifone is teaming with buy now, pay later (BNPL) service Affirm to make Affirm's payment options available through Verifione's network, according to a Tuesday (Jan. 18) press release. The partnership will let merchants offer customers the ability to pay installments online and in-store and offer Affirm's full range of payment options, including […]

Verifione, Affirm Team to Expand BNPL Options

AFRM stock doesn't have enough experts watching it. In due time more Wall Street analysts catch on and smart investors will flock to it.

Affirm Stock Is a Hidden Success Story in the Making

The story's moving forward at a brisk pace now, for better and for worse.

Here's What You Need to Know About Affirm Holdings in 2022

A big factor that caused its decline was the announcement of a CFPB inquiry into buy now, pay later companies.

Why Affirm Holdings Plummeted 20.6% in December

U.S. Consumers spend $8 trillion on credit cards while the credit cards themselves haven't seen much innovation in the past 50 years. In 2022, Affirm will release its Affirm Debit + Card to the public, which will enable Affirm to offer its financial products directly to consumers.

Affirm Debit +: The Great Credit Card Unbuilding Is Underway

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Why Shares of ARK Innovation ETF, Affirm, Upstart, and SoFi Struggled This Week

Investors in Affirm stock are seeing double-digit declines as the tech selloff spreads into buy now, pay later companies today. The post Affirm Stock: What Is Going on With AFRM Shares Today?

Affirm Stock: What Is Going on With AFRM Shares Today?

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This buy now, pay later leader has seen its revenue surge since it went public earlier in 2021.

News for Affirm Stock (AFRM)