Affirm Holdings, Inc.

AFRM Financial Credit Services

Affirm Holdings, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $4.3 billion, up 32.2% from fiscal 2025.

Revenue
+35.2%
EPS
+100.0%
Free cash flow
−54.9%
Total debt
+27.8%

Quarter to September 2026, against a year earlier

68.07 1.59 −2.28%
Market cap
$23.6B
P/E
11.8×
Fwd P/E
36.6×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Affirm Holdings, Inc. 10-Q filed May 7, 2026

Fiscal Q3 2026 · Period ended Mar 31, 2026 · Filed · accepted 5:04 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Feb 5, 2026: 27 added · 6 removed · 57 modified; 10 with only figures updated

  1. Modified · Our Revenue Model

    From merchants, we typically earn a fee when we help them convert a sale and facilitate a transaction. Merchant fees depend on the individual arrangement between us and each merchant and may vary based on the terms of the product offering; we generally earn larger merchant fees on 0% APR financing products. For the three and six months ended December 31, 2025, Pay-in-X represented 17% and 16%, respectively, of total GMV facilitated through our platform while 0% APR installment loans represented 15% for both the three and six months ended December 31, 2025. For the three and six months ended December 31, 2024, Pay-in-X represented 15% and 14%, respectively, of total GMV facilitated through our platform while 0% APR installment loans represented 13% and 12%, respectively.

89 more changes in this Item, word by word, in Powerpack.