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Affirm Holdings, Inc. (AFRM)
NASDAQ: AFRM · Real-Time Price · USD
51.09
-0.73 (-1.41%)
At close: Feb 20, 2026, 4:00 PM EST
51.13
+0.04 (0.08%)
After-hours: Feb 20, 2026, 7:59 PM EST

Affirm Holdings Operating Metrics

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020
Active Consumers
25.80M24.10M23.00M21.90M21.00M19.50M18.71M18.10M-
Active Consumers Growth
22.86%23.59%22.91%20.99%19.32%15.38%13.41%13.13%-
Average Order Value
251.00260.00276.00273.00267.00279.00293.00293.00
Average Order Value Growth
-5.99%-6.81%-5.80%-6.83%-6.97%-6.69%-7.57%-9.29%
Gross Merchandise Volume
43.60B39.90B36.70B33.50B31.20B28.60B26.60B24.90B
Gross Merchandise Volume Growth
39.74%39.51%37.97%34.54%34.26%33.66%31.77%30.49%
Revenue as Percent of Gross Merchandise Volume
8.10%8.70%8.50%9.20%8.50%9.20%9.10%9.20%
Transactions Per Active
6.406.105.805.605.305.104.904.60-
Transactions Per Active Growth
20.75%19.61%18.37%21.74%20.45%24.39%25.64%27.78%-

Revenue by Segment

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019
Interest
1.77B1.69B1.61B1.53B1.44B1.32B1.20B1.08B
Interest Growth
22.90%27.79%33.53%41.16%52.50%62.59%75.76%77.88%
Merchant Network
1.03B949.47M882.66M824.22M769.53M713.00M674.61M635.02M
Merchant Network Growth
34.23%33.17%30.84%29.79%29.39%31.94%32.90%31.12%
Gain or Loss on Loan Sales
497.00M437.06M381.62M334.72M299.07M226.48M197.15M159.50M
Gain or Loss on Loan Sales Growth
66.18%92.98%93.57%109.86%96.59%42.41%4.68%-24.52%
Virtual Card Network
268.05M253.16M231.31M207.17M184.28M165.41M151.40M142.47M
Virtual Card Network Growth
45.46%53.05%52.78%45.42%35.24%31.16%26.87%21.90%
Servicing
148.37M134.31M120.60M114.32M107.56M101.31M95.48M91.10M
Servicing Growth
37.93%32.57%26.31%25.49%23.33%17.42%9.14%6.17%

Operating Expense Breakdown

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019
Provision for Credit Losses
680.78M619.61M616.68M577.67M552.86M520.76M460.63M437.50M
Provision for Credit Losses Growth
23.14%18.98%33.88%32.04%44.92%41.78%38.80%41.10%
Technology and Data Analytics
660.20M623.54M589.72M559.35M531.56M503.18M501.86M529.94M
Technology and Data Analytics Growth
24.20%23.92%17.51%5.55%-6.23%-16.67%-18.51%-11.51%
General and Administrative
553.32M551.51M545.05M535.66M530.07M523.44M525.29M529.35M
General and Administrative Growth
4.39%5.36%3.76%1.19%-1.82%-7.48%-10.42%-14.12%
Processing and Servicing
539.13M496.51M457.85M418.67M388.48M362.72M343.25M325.33M
Processing and Servicing Growth
38.78%36.88%33.39%28.69%28.49%30.17%33.38%39.33%
Funding Costs
435.29M431.33M425.45M414.79M397.61M374.47M344.25M312.01M
Funding Costs Growth
9.48%15.19%23.59%32.94%45.78%61.49%88.10%123.78%
Sales and Marketing
330.85M368.11M434.85M490.62M549.55M574.77M576.41M586.21M
Sales and Marketing Growth
-39.80%-35.96%-24.56%-16.31%-7.52%-7.48%-9.69%-11.43%
Loss on Loan Purchase Commitment
285.37M259.58M242.26M229.56M216.41M199.77M180.40M167.65M
Loss on Loan Purchase Commitment Growth
31.86%29.94%34.30%36.93%39.87%43.16%28.59%15.17%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.