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

On Tuesday, Affirm Holdings Inc. (NASDAQ:AFRM) shares edged slightly lower, extending Monday's declines after Piper Jaffray analysts initiated coverage with a Neutral rating.  The stock is now down more than 5% from Friday's close.

Is Affirm stock a buy or sell as Piper Sandler issues a neutral rating?

Shares of several companies in the broader technology sector, including Affirm Holdings Inc (NASDAQ: AFRM), are trading lower amid continued uncertainty surrounding the COVID-19 omicron variant. A new strain of the coronavirus was detected in South Africa last week.

Why Affirm Shares Are Trading Lower Today

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Sharp sell-offs can reveal great stock ideas if you surface the right stocks that contrary to the market action close positive. When picking names that close in the green, make sure they are well known and of a higher market cap. They tend to have sustainable rallies when they turn around.

Forget The Covid Apocalypse, Focus On Stocks That Closed Green After Friday's Monster Sell Off

SoFi Technologies

A tougher macroeconomic environment heading into 2022 seems to have investors spooked about growth stocks.

What's Driving the Sell-Off of Popular Fintechs Like Affirm, Upstart, and SoFi

Stanley Druckenmiller (Trades, Portfolio), Chairman and CEO of Duquesne Capital, has revealed his portfolio for the third quarter of 2021. His top trades include a significant reduction in his Microsoft Corp. ( MSFT , Financial) holding, additions to positions in Coupang Inc. ( CPNG , Financial) and Alphabet Inc. ( GOOGL , Financial) and selling out of holdings in Affirm Holdings Inc. ( AFRM , Financial) and Netflix Inc. ( NFLX , Financial).

Stanley Druckenmiller Shelves Netflix and Affirm in the 3rd Quarter

Affirm just closed what could be a pivotal quarter for the company. Between closing the Amazon deal and massively growing its platform, there is plenty to like about AFRM stock.

Superior Tech Stack Makes Affirm the ‘BNPL' Partner of Choice

Should you invest in the industry stalwart or the high-growth disruptor?

Better Fintech Stock: PayPal or Affirm

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (Nasdaq: AFRM) (“Affirm” or the “Company”) today announced the pricing of $1.5 billion aggregate principal amount of 0% Convertible Senior Notes due 2026 (the “Notes”) in a private offering (the “Offering”). The size of the Offering was increased from the previously announced $1.25 billion in aggregate principal amount. In connection with the Offering, Affirm has granted the initial purchasers of the Notes an option to purchase, within a 13-

Affirm Holdings, Inc. Announces Pricing of Upsized Private Offering of $1.5 Billion of 0% Convertible Senior Notes Due 2026

Affirm Holdings Inc. AFRM, +0.28% said Thursday that it intends to offer $1.25 billion in convertible notes. The company plans to use the proceeds for general corporate purposes and to help fund future growth initiatives.

Affirm stock drops after BNPL company announces plans for convertible offering

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (Nasdaq: AFRM) (“Affirm” or the “Company”) today announced its intention to offer, subject to market conditions and other factors, $1.25 billion aggregate principal amount of Convertible Senior Notes due 2026 (the “Notes”) in a private offering (the “Offering”). In connection with the Offering, Affirm expects to grant the initial purchasers of the Notes an option to purchase, within a 13-day period beginning on, and including, the date on wh

Affirm Holdings, Inc. Announces Proposed Private Offering of $1.25 Billion of Convertible Senior Notes

The shares of Affirm Holdings Inc (NASDAQ: AFRM) have received a price target of $210 from Truist. These are the details.

Affirm (AFRM) Stock: $210 Price Target From Truist

You won't believe how fast this buy now, pay later specialist is growing.

Here's Why Affirm Stock Has Been Such a Great Investment. But Is It a Buy Today?

A blockbuster deal should fuel the installment payment leader's growth.

Why Affirm Stock Surged Today

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Lordstown Motors

Microsoft, Affirm Holdings, Marqeta and Lordstown Motors were our top stock trades. Now, let's look at the charts going into Friday.

4 Top Stock Trades for Friday: MSFT, MQ, AFRM, RIDE

Affirm's deals with Amazon, Shopify and Target have made it the clear leader in the Buy Now, Pay Later space, but the rest of the consumer credit industry is now after it. The post With Affirm, All They Want Is Growth appeared first on InvestorPlace.

With Affirm, All They Want Is Growth

Affirm Holdings (NASDAQ: AFRM) is a payment system that helps merchants drive growth and empowers consumers. The company went up by around 25% after it announced its first-quarter financial results for 2022.

Affirm holdings up 25% after announcing quarterly results

Paysafe

Block

Visa

Should you be taking advantage of the current dip in fintech stocks?

4 Top Fintech Stocks To Watch Right Now

Analysts hailed Affirm Holdings Inc's (NASDAQ:AFRM) quarterly results and the Amazon.com Inc (NASDAQ:AMZN) deal by raising their price targets. Barclays analyst Ramsey El-Assal notes Affirm reported a "strong" fiscal Q1 beat and raise.

Analysts Bump Up Price Targets On Affirm Post Q1 Top-Line Beat, Amazon Deal

Both companies reported earnings results that beat on revenue

Affirm, SoFi shares pop following earnings

Affirm greatly expanded a pact to offer "buy now, pay later" services to Amazon customers. Affirm also handily beat fiscal-first-quarter estimates.

Affirm Stock Is Soaring. There's a Bigger Amazon Deal and Earnings Beat Estimates.

Affirm Holdings, Inc.'s (AFRM) CEO Max Levchin on Q1 2022 Results - Earnings Call Transcript

Shopify

Buy now, pay later (BNPL) provider Affirm has seen its active merchant and consumer counts skyrocket in recent months after expanding its partnership with Shopify, boosting both gross merchandise volume (GMV) and transactions. Active merchants increased from 6,500 in the first quarter of 2020 to 102,000 as of Sept.

Shopify Partnership Spurs Explosive Merchant Growth for Affirm

Amazon

After plunging more than 15% Wednesday, shares of Affirm Holdings Inc. looked to be making up ground in the extended session after the buy-now pay-later company delivered upbeat results and announced that it had “expanded” its relationship with Amazon.com Inc.

News for Affirm Stock (AFRM)