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

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Shares of several companies in the broader technology sector, including Affirm Holdings Inc (NASDAQ: AFRM), are trading higher Thursday following better-than-expected US jobless claims data, which has lifted recovery sentiment. Initial unemployment filings dipped last week moving closer to the lowest level in more than 50 years, according to the Labor Department.

Why Affirm Shares Are Rising Today

Affirm is growing 50% year-over-year, but expects losses of 12-14% of revenue for the fiscal year that started in July. The post Affirm Holdings Stock Has Likely Ridden This BNPL Wave as Far as It Can appeared first on InvestorPlace.

Affirm Holdings Stock Has Likely Ridden This BNPL Wave as Far as It Can

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The public markets saw a record number of IPOs and capital raised in 2021. Around 1,500 companies went public via traditional IPO, direct listing or via SPAC merger.

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Block

The current price of the broader stock market doesn't reflect the major sell-off in some of the year's hottest technology stocks.

3 Growth Stocks Down 37% to 60% to Buy Right Now

As it expands its merchant network, Affirm has the potential to increase revenues, customers, and transaction values.

Affirm: The Only 'Buy Now, Pay Later' Stock You'll Ever Need

Affirm Holdings (AFRM) closed the most recent trading day at $101.16, moving +0.09% from the previous trading session.

Affirm Holdings (AFRM) Gains But Lags Market: What You Should Know

Newegg Commerce

Newegg Commerce Inc (NASDAQ: NEGG) has partnered with payment network Affirm Holdings Inc (NASDAQ: AFRM) to bring flexible pay-over-time options to customers shopping at Newegg.com. Paying with Affirm allows customers the flexibility to split purchases into simple payments over time, with no hidden or late fees.

Newegg Gives Customers Pay-Over-Time Option Via Affirm Partnership

Digital electronics retailer Newegg Commerce, Inc. on Tuesday (Dec. 21) partnered with buy now, pay later (BNPL) platform Affirm to give customers who spend $100 or more the option to pay for their purchases on Newegg.com over time in equal payments with no fees.  “Consumers are demanding flexible payment options this holiday season and beyond,” […]

Newegg Teams With Affirm on Flexible Payments

Marqeta

Over the past few months, stocks within the fintech sector have seen a swift rerating in valuations, which represents an opportunity for investors to gain exposure to generational companies at a discount.

Santa's Nice List: 4 Generational FinTech Stocks On Sale

Affirm Holdings (AFRM) closed at $98.77 in the latest trading session, marking a -0.47% move from the prior day.

Affirm Holdings (AFRM) Stock Moves -0.47%: What You Should Know

PayPal

Buy now pay later stocks are falling today after an ominous inquiry announcement from a financial watch dog today. Is the party over?

AFRM, PYPL, AFTPY Stocks: Why Are Buy Now Pay Later Stocks Getting Slammed?

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Costco

QUALCOMM

Affirm, Adobe, Qualcomm and Costco were our top stock trades for Friday. Now, here's how the charts are setting up after a bumpy session.

4 Top Stock Trades for Friday: AFRM, ADBE, QCOM, COST

The stock price of Affirm Holdings Inc (NASDAQ: AFRM) fell by over 10% today. This is why it happened.

Affirm Holdings Stock (AFRM): Why The Price Fell Today

The Consumer Financial Protection Bureau told five companies to turn over information to assess risk to customers using buy now, pay later services.

Affirm falls 16% as CFPB announces inquiry into buy now, pay later services

The buy-now pay-later craze is rapidly gaining steam in the U.S., prompting regulators to take a look at the hot payment option that lets consumers split purchases into installments.

MarketWatch: Affirm stock slides after CFPB launches inquiry into buy-now-pay-later companies

Shares of several companies in the broader tech sector, including Affirm Holdings Inc (NASDAQ: AFRM), are trading lower Thursday as investors weigh Wednesday's Fed announcements and assess the tapering outlook. The Federal Reserve announced that it will stop buying bonds about three months earlier than initially planned.

Why Affirm Shares Are Sliding Today

The Consumer Financial Protection Bureau on December 16 sought information from buy now, pay later (BNPL) companies regarding their compliance with federal lending laws and regulations, Bloomberg Law reports. The BNPL firms include Affirm Holdings Inc (NASDAQ: AFRM), Afterpay Ltd (OTC: AFTPY), Klarna, PayPal Holdings Inc (NASDAQ: PYPL), and Zip.

Why Are Affirm, Afterpay, PayPal Shares Trading Lower Today?

Affirm is one of the leading BNPL players in the US. The speculative fervor over its rapid ascent has popped recently. As a result, it's down about 44% from its recent all-time high.

Affirm Stock: Dropped 30% Since Our Sell Call, But Still Expensive

But now, pay later (BNPL) platform Affirm on Thursday (Dec. 16) announced it has partnered with arts and crafts retail chain Michaels to allow customers to pay for their supplies over time if they prefer. Approved Michaels customers can split the cost of any purchase of more than $50 into biweekly or monthly payments by […]

Affirm and Michaels Team on BNPL Option

SAN FRANCISCO & IRVING, Texas--(BUSINESS WIRE)--Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Michaels, the largest arts and crafts retail chain in North America. Now, eligible customers can buy their favorite items on Michaels.com and pay over time. By selecting Affirm at checkout, approved Michaels customers can split the total cost of any purchase over $50 into biweekly or monthly payments, for as low as 0% APR. Custo

Affirm and Michaels Partner to Deliver a New, Flexible Way to Pay for Arts and Crafts

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Global IPOs have raised $453 billion in proceeds, representing a 67% increase year-over-year and a more than doubling from 2019 levels.

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As BNPL providers expand their offers to include pay now, later and much later, how consumers opt to pay will be invisible to the merchant. A consumer's bank account credentials are among the most precious assets they have, and linking retail payment apps directly to them is a tough sell.

News for Affirm Stock (AFRM)