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Affirm Holdings, Inc. (AFRM)
NASDAQ: AFRM · Real-Time Price · USD
70.95
+2.15 (3.13%)
At close: Nov 28, 2025, 1:00 PM EST
70.98
+0.03 (0.04%)
After-hours: Nov 28, 2025, 4:59 PM EST

Affirm Holdings Operating Metrics

Period EndingSep 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
24.10M23.00M21.90M21.00M19.50M18.71M18.10M17.60M-
Active Consumers Growth
23.59%22.91%20.99%19.32%15.38%13.41%13.13%12.71%-
Average Order Value
260.00276.00273.00267.00279.00293.00293.00287.00
Average Order Value Growth
-6.81%-5.80%-6.83%-6.97%-6.69%-7.57%-9.29%-6.51%
Gross Merchandise Volume
39.90B36.70B33.50B31.20B28.60B26.60B24.90B23.24B
Gross Merchandise Volume Growth
39.51%37.97%34.54%34.26%33.66%31.77%30.49%26.58%
Revenue as Percent of Gross Merchandise Volume
8.70%8.50%9.20%8.50%9.20%9.10%9.20%7.90%
Transactions Per Active
6.105.805.605.305.104.904.604.40-
Transactions Per Active Growth
19.61%18.37%21.74%20.45%24.39%25.64%27.78%25.71%-

Revenue by Segment

Period EndingSep 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
1.69B1.61B1.53B1.44B1.32B1.20B1.08B944.12M
Interest Growth
27.79%33.53%41.16%52.50%62.59%75.76%77.88%67.29%
Merchant Network
949.47M882.66M824.22M769.53M713.00M674.61M635.02M594.74M
Merchant Network Growth
33.17%30.84%29.79%29.39%31.94%32.90%31.12%22.29%
Gain or Loss on Loan Sales
437.06M381.62M334.72M299.07M226.48M197.15M159.50M152.13M
Gain or Loss on Loan Sales Growth
92.98%93.57%109.86%96.59%42.41%4.68%-24.52%-34.14%
Virtual Card Network
253.16M231.31M207.17M184.28M165.41M151.40M142.47M136.26M
Virtual Card Network Growth
53.05%52.78%45.42%35.24%31.16%26.87%21.90%23.23%
Servicing
134.31M120.60M114.32M107.56M101.31M95.48M91.10M87.22M
Servicing Growth
32.57%26.31%25.49%23.33%17.42%9.14%6.17%-0.72%

Operating Expense Breakdown

Period EndingSep 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
Technology and Data Analytics
623.54M589.72M559.35M531.56M503.18M501.86M529.94M566.91M
Technology and Data Analytics Growth
23.92%17.51%5.55%-6.23%-16.67%-18.51%-11.51%3.57%
Provision for Credit Losses
619.61M616.68M577.67M552.86M520.76M460.63M437.50M381.50M
Provision for Credit Losses Growth
18.98%33.88%32.04%44.92%41.78%38.80%41.10%23.09%
General and Administrative
551.51M545.05M535.66M530.07M523.44M525.29M529.35M539.90M
General and Administrative Growth
5.36%3.76%1.19%-1.82%-7.48%-10.42%-14.12%-12.86%
Processing and Servicing
496.51M457.85M418.67M388.48M362.72M343.25M325.33M302.35M
Processing and Servicing Growth
36.88%33.39%28.69%28.49%30.17%33.38%39.33%42.87%
Funding Costs
431.33M425.45M414.79M397.61M374.47M344.25M312.01M272.74M
Funding Costs Growth
15.19%23.59%32.94%45.78%61.49%88.10%123.78%162.11%
Sales and Marketing
368.11M434.85M490.62M549.55M574.77M576.41M586.21M594.20M
Sales and Marketing Growth
-35.96%-24.56%-16.31%-7.52%-7.48%-9.69%-11.43%-12.24%
Loss on Loan Purchase Commitment
259.58M242.26M229.56M216.41M199.77M180.40M167.65M154.73M
Loss on Loan Purchase Commitment Growth
29.94%34.30%36.93%39.87%43.16%28.59%15.17%-4.01%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.