Affirm Earnings Reports

Affirm delivered strong Q1 FY26 results with revenue of $933.3 million and net income of $80.7 million, driven by record GMV, strong adoption of Affirm Card, and growing direct-to-consumer volume.

Affirm posted a profitable Q4 with strong revenue growth, driven by record GMV and the continued expansion of its 0% APR products and Affirm Card usage.

Affirm delivered solid financial results with a 36% YoY increase in revenue, achieved positive net income, and saw continued momentum across 0% APR products and Affirm Card usage.

Affirm reported strong financial performance for FQ2'25, surpassing expectations across all key metrics. The company achieved $866 million in revenue (up 47% YoY), $80.4 million in net income, and nearly break-even operating income. Gross Merchandise Volume (GMV) grew 35% to $10.1 billion, driven by increased merchant adoption and 0% APR offers. Adjusted Operating Income reached $237.8 million with a 27.4% margin. Affirm also expanded into new markets, including the UK, and strengthened partnerships in travel, healthcare, and electronics.

Affirm's FQ1 2025 demonstrated strong performance, with the company meeting or exceeding all metrics provided in the August outlook. GMV grew by 35% year-over-year, and active consumer growth accelerated for the third consecutive quarter. The company is on track to reach GAAP operating income profitability in FQ4 2025.

Affirm reported excellent results for the fourth fiscal quarter and full fiscal year 2024, with GMV growing over 30% and revenue growing over 45%. Adjusted operating income reached $150 million in Q4, contributing to $381 million for the full year. The company expects to be profitable on a GAAP basis in Q4 2025.

Affirm reported a 51% increase in revenue to $576 million and a 36% increase in GMV to $6.3 billion for the third fiscal quarter of 2024. The company's credit performance remained stable, and its funding capacity increased slightly. Adjusted operating income improved to $79 million, compared to a loss of $6 million in the same quarter last year.

Affirm reported a strong second quarter in fiscal year 2024, with GMV growing 32% year-over-year to $7.5 billion and revenue increasing 48% year-over-year to $591 million. The company also generated $93 million in Adjusted Operating Income, a significant improvement from the previous year. Affirm Card saw substantial growth, with over 700,000 active cardholders generating $397 million in GMV.

Affirm reported strong Q1 2024 results, with GMV growth accelerating to 28% year-over-year and total revenue increasing by 37% year-over-year. The company exceeded its outlook for Revenue Less Transaction Costs (RLTC) and achieved record adjusted operating income. Affirm also saw growth in active consumers and the Affirm Card program.

Affirm reported a strong Q4 with all financial metrics exceeding expectations. Revenue from merchants and consumers accelerated, credit results remained strong, and the company achieved profitability on an adjusted operating income basis exiting FY'23. The company expects to be profitable on an adjusted operating income basis for the full year FY'24.

Affirm reported a solid Q3 2023, exceeding expectations with GMV growth, impressive RLTC performance, and increased Funding Capacity despite economic challenges. The company is progressing towards adjusted operating income profitability as it exits FY'23.

Affirm reported an 11% increase in total revenue to $400 million, while GMV reached a new quarterly record of $5.7 billion, representing a 27% year-over-year growth. The company managed expenses effectively, leading to better-than-expected adjusted operating income, and took decisive steps to restructure its cost base by reducing its workforce by 19%.

Affirm had a strong quarter with GMV up 62% year-over-year and revenue up 34% year-over-year. The company is managing credit results to track pre-pandemic numbers and delivered 12 percentage points of improvement in Adjusted Operating Margin year-over-year.

Affirm Holdings, Inc. reported a 39% increase in total revenue for the fourth quarter of fiscal year 2022, driven by continued GMV growth, higher interest income, and greater servicing income. Active merchants increased significantly, and active consumers grew by 96% year-over-year.

Affirm reported strong growth in Q3 2022, with active merchants increasing to 207,000, active consumers growing by 137% year-over-year to 12.7 million, and GMV increasing by 73% to $3.9 billion. Total revenue grew by 54% year-over-year to $354.8 million.

Affirm reported a strong second quarter with significant growth in GMV, active merchants, and active consumers. Total revenue increased by 77% year-over-year, driven by growth in network revenue, interest income, gains on sales of loans, and servicing income.

Affirm reported a strong first quarter in fiscal year 2022, with significant growth in GMV, active merchants, and active consumers. The company expanded its relationship with Amazon and continued its partnership with Peloton. Total revenue increased by 55% year-over-year, driven by growth in interest income, network revenue, and gains on sales of loans.

Affirm's Q4 2021 results demonstrated significant growth, with a 106% increase in GMV and a 71% increase in total revenue. The company expanded its network by nearly doubling active consumers and growing active merchants by over 400%.

Affirm's Q3 2021 results showed significant growth, with GMV increasing by 83% and active consumers growing by 60% year-over-year. The company also activated Shop Pay Installments for over 10,000 Shopify merchants.

Affirm reported a 57% increase in revenue, reaching $204.0 million, and a 55% increase in gross merchandise volume (GMV) to $2.1 billion. The company's active consumers grew by 52% to 4.5 million, and transactions per active consumer increased by 7% to 2.2. Despite the growth, the company reported a net loss of $31.6 million.