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

The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining names, sliding 16% through the past five trading sessions.

FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks

Affirm Holdings, Inc. is much more appealing below $20, but the fintech still spends too much, including stock-based compensation, for the limited adjusted revenues. The company has launched the Affirm card, which allows consumers to pay for purchases now or request a Buy Now Pay Later plan, expanding its transactions and potential growth. Affirm stock remains too expensive at 7x adjusted revenue.

Affirm: Not Compelling Enough Yet

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Oil futures edged lower early Wednesday as investors awaited an official reading on U.S. crude inventories, while Saudi Arabia, as expected, affirmed its plan to extend a production cut of 1 million barrels a day through year-end.

Oil prices edge lower ahead of supply data as Saudis affirm extension of production cut

PayPal

Adyen NV

PayPal might be too cheap to ignore any longer. Adyen is reasonably priced after its recent 60% stumble.

3 Top Fintech Stocks to Buy in October

ARK Fintech Innovation ETF

American Express

MercadoLibre

Marqeta

Nu Holdings

Shopify

SoFi Technologies

Block

Visa

The fintech space ranges from giants like PayPal to an array of smaller and more specialized companies. E-commerce growth provides an organic tailwind to fintech stocks, but there are others as well.

You Don't Have to Pick a Winner in Fintech Stocks. Here's Why.

Affirm Holdings, Inc. (NASDAQ:AFRM ) CFO Fireside Chat Call September 28, 2023 11:00 AM ET Company Participants Michael Linford - Chief Financial Officer Conference Call Participants Bryan Keane - Deutsche Bank Bryan Keane Okay. I think we can kick this off and get started.

Affirm Holdings, Inc. (AFRM) CFO Fireside Chat Call (Transcript)

Affirm (AFRM) expects to reach full year profitability milestone in the current year on an adjusted operating income basis.

Here's Why Hold Strategy is Apt for Affirm (AFRM) Stock Now

Affirm (AFRM) collaborates with Weave to provide flexible payment options to its customers, thereby improving patient experience.

Affirm (AFRM) & Weave Team Up to Expand Payment Options

Robinhood

Payoneer Global

The fintech industry has been booming in the past few years, as more people have begun relying on digital platforms for banking, payments, investing, and other financial services. The global fintech market is expected to reach $556.6 billion by 2030, according to a report by Grand View Research.

Ticking Time Bombs: 3 Fintech Stocks to Dump Before the Damage Is Done

Weave Communications

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare businesses, today announced a new partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Now available to thousands of Weave's customers, this collaboration provides flexible payment options for eligible patients, making it easier for them to access and afford the care they need. By partnering with Affirm,.

Weave Partners with Affirm to Expand Payment Options for Patients

The Federal Reserve said last week that higher interest rates could stick around. As The Wall Street reported Sunday (Sept. 24), this “higher for longer” strategy could spell bad news for FinTechs like PayPal, Affirm and Robinhood, all of whom have seen their stock fall since the Fed raised rates.

FinTechs Face a ‘Tough Go' as Interest Rates Climb

Shares of Affirm, Block and PayPal fell the day after the Fed announcement.

Higher-for-Longer Interest Rates Threaten Fintech

FinTech company Affirm is reportedly exploring the introduction of a subscription service called Affirm Plus. The potential service aims to offer upgrades for both its buy now, pay later (BNPL) plan users and savings account holders, Bloomberg reported Thursday (Sept.

Report: Affirm Explores Subscription Service to Diversify Revenue Sources

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Michael Linford, CFO, will participate in a shareholder fireside chat on Thursday, September 28, 2023. The discussion will be moderated by Bryan Keane from Deutsche Bank and will begin at 11:00 AM Eastern Time. The event will be webcast live on the Company's investor relations website at https://investors.affirm.com, and managem.

Affirm to Webcast CFO Fireside Chat on September 28, 2023

Affirm Holdings, Inc. (NASDAQ:AFRM ) UBS 2023 Fintech Leaders Conference Call September 14, 2023 7:30 AM ET Company Participants Rob O'Hare - SVP, Finance Pat Suh - SVP, Revenue Conference Call Participants Rayna Kumar - UBS Rayna Kumar Welcome, everyone. I'm Rayna Kumar, and I lead U.S. Payment Processors and IT Services Equity Research at UBS.

Affirm Holdings, Inc. (AFRM) Management presents at UBS 2023 Fintech Leaders Conference Call (Transcript)

Affirm Holdings, Inc. AFRM) 2023 Barclays Financial Services Conference September 12, 2023 8:15 AM ET Company Participants Brooke Major-Reid - Chief Capital Officer Rob O'Hare - SVP, Finance Conference Call Participants Ramsey El-Assal - Barclays Ramsey El-Assal Okay. Welcome, everyone.

Affirm Holdings, Inc. (AFRM) Presents at 2023 Barclays Financial Services Conference (Transcript)

The deal with Booking.com comes at an opportune time for Affirm (AFRM) as demand for flexible payment options in travel booking is rapidly increasing.

Affirm (AFRM) & Booking.com Team Up to Boost Payments Options

Ford Motor Company

NIKE

J. M. Smucker

Constellation Brands

Hostess Brands

Brunswick

Dutch Bros

DoorDash

Dell Technologies

General Motors

Kenvue

Stellantis N.V. 

Tapestry

Here are some of the tickers on my radar for Monday, Sept. 11, taken directly from my reporter's notebook.

Here are the 16 stocks Jim Cramer is watching, including Twinkie deal, auto strike risk

Affirm (AFRM) collaborates with ATERNAL to provide pay-later solutions to art buyers, boosting art gallery sales.

Affirm (AFRM) & ATERNAL to Offer BNPL Solutions to Art Buyers

Affirm Holdings, Inc. (NASDAQ:AFRM ) Goldman Sachs 2023 Communacopia & Technology Conference September 7, 2023 5:25 PM ET Company Participants Max Levchin - Founder and CEO Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. So, we're about to get started.

News for Affirm Stock (AFRM)