Affirm (AFRM)
Underwrites flexible installment payments across merchant checkouts, digital wallets, and Affirm Card.
$71.80
After hours+0.07 (+0.10%)
At close$71.73(+0.96%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 497 | 591 | 576 | 659 | 698 | 866 | 783 | 876 | 933 | 1,123 | 1,039 | 1,090 |
| Cost of revenue | 209 | 210 | 213 | 213 | 229 | 264 | 271 | 283 | 302 | 343 | 354 | 334 |
| Gross profit | 288 | 381 | 363 | 446 | 469 | 602 | 512 | 593 | 631 | 780 | 685 | 756 |
| 497 | 553 | 524 | 519 | 602 | 607 | 521 | 535 | 568 | 662 | 483 | 491 | |
| 287 | 294 | 262 | 259 | 284 | 275 | 208 | 212 | 223 | 240 | 218 | 239 | |
| Selling & marketing | 147 | 161 | 133 | 135 | 145 | 136 | 74 | 80 | 78 | 99 | 73 | 92 |
| General & administrative | 140 | 133 | 129 | 123 | 138 | 139 | 134 | 133 | 145 | 141 | 145 | 147 |
| Other expenses | 210 | 259 | 262 | 260 | 318 | 331 | 312 | 323 | 344 | 422 | 265 | 252 |
| Operating income | −209 | −172 | −161 | −73 | −133 | −4 | −8 | 58 | 64 | 118 | 202 | 265 |
| 39 | 5 | 28 | 29 | 34 | 87 | 14 | 14 | 19 | 16 | −95 | −96 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 567 |
| Interest expense | 74 | 85 | 90 | 95 | 104 | 108 | 108 | 106 | 110 | 112 | 114 | 119 |
| Other non-operating income | −113 | −89 | −118 | −125 | −138 | −195 | −121 | −119 | −129 | −127 | −19 | −22 |
| Income before tax | −171 | −168 | −133 | −44 | −98 | 83 | 5 | 72 | 83 | 133 | 107 | 169 |
| Income tax expense | 1 | −1 | 1 | 1 | 2 | 2 | 3 | 2 | 2 | 4 | 4 | −1,448 |
| Net income from continuing operations | −172 | −167 | −134 | −45 | −100 | 80 | 3 | 69 | 81 | 130 | 103 | 1,617 |
| Net income | −172 | −167 | −134 | −45 | −100 | 80 | 3 | 69 | 81 | 130 | 103 | 1,617 |
| EPS, basic | −$0.57 | −$0.54 | −$0.43 | −$0.14 | −$0.31 | $0.25 | $0.01 | $0.21 | $0.24 | $0.39 | $0.31 | $4.77 |
| EPS, diluted | −$0.57 | −$0.54 | −$0.43 | −$0.14 | −$0.31 | $0.23 | $0.01 | $0.20 | $0.23 | $0.37 | $0.30 | $4.62 |
| Weighted average shares, basic | 304 | 308 | 313 | 315 | 318 | 322 | 324 | 327 | 330 | 334 | 337 | 339 |
| Weighted average shares, diluted | 304 | 308 | 313 | 315 | 318 | 345 | 344 | 343 | 348 | 349 | 348 | 350 |
| EBITDA | −57 | −56 | −6 | 117 | 53 | 246 | 172 | 241 | 258 | 321 | 296 | 375 |
| Depreciation & amortization | 40 | 27 | 37 | 65 | 47 | 55 | 59 | 64 | 65 | 76 | 75 | 87 |
| EBIT | −97 | −83 | −43 | 51 | 6 | 191 | 113 | 177 | 193 | 245 | 221 | 288 |
