Friday 6 November 2026 Export AFRM’s income statement to Excel — free account

Affirm Holdings, Inc.

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

71.00 1.34 +1.92%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Affirm Holdings, Inc. (AFRM) revenue by segment, product and region

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Merchant network revenue	1,150 79.64%	883 79.24%	675 81.67%	508 80.96%	459 81.99%	380 88.39%	257 93.00%	132 94.36%
Card network revenue	294 20.36%	231 20.76%	151 18.33%	119 19.04%	101 18.01%	50 11.61%	19 7.00%	8 5.64%
Revenue	1,444	1,114	826	627	559	429	276	140

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
30+ day delinquencies excluding Peloton and Pay in X loans	Q1 FY2027	2.90%	—	—
30+ day delinquencies, ex-Pay in 4	Q3 FY2026	2.80%	—	—
60+ day delinquencies, ex-Pay in 4	Q3 FY2026	1.70%	—	—
60+ day delinquencies, ex-Pay in 4, ex-Peloton	Q3 FY2026	1.60%	—	—
90+ day delinquencies, ex-Pay in 4, ex-Peloton	Q3 FY2026	0.70%	—	—
Active Affirm Card consumers	Q1 FY2027	6.0M	2.8M	+114.29%
Active consumers	Q1 FY2027	28.7M	24.1M	+19.09%
Active merchants	Q1 FY2027	620.8K	418.9K	+48.20%
Affirm Card GMV	Q1 FY2027	$3.3B	$1.4B	+135.71%
Average cost of funds	Q1 FY2027	6.00%	6.70%	—
Card attach rate	Q1 FY2027	21.0%	12.0%	—
Direct-to-consumer GMV	Q1 FY2027	$5.1B	$3.2B	+59.38%
Gross merchandise volume	Q1 FY2027	$14.4B	$10.8B	+33.33%
Total funding capacity	Q1 FY2027	$31.7B	$26.6B	+19.17%
Total platform portfolio	Q1 FY2027	$21.6B	$16.1B	+34.16%
Total transactions	Q1 FY2027	55.6M	41.4M	+34.30%
Transactions per active consumer	Q1 FY2027	7.3×	6.1×	+19.67%

	Q1 FY2027	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
30+ day delinquencies excluding Peloton and Pay in X loans	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
30+ day delinquencies, ex-Pay in 4	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
60+ day delinquencies, ex-Pay in 4	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
60+ day delinquencies, ex-Pay in 4, ex-Peloton	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
90+ day delinquencies, ex-Pay in 4, ex-Peloton	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Active Affirm Card consumers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Active consumers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Active merchants	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Affirm Card GMV	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average cost of funds	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Card attach rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Direct-to-consumer GMV	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross merchandise volume	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total funding capacity	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total platform portfolio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Transactions per active consumer	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.

Affirm Holdings, Inc. (AFRM) revenue by segment, product and region

Revenue by product or service $m

Operating figures as reported in each quarter’s results release or filing

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