OpenNashEarnings

Financial Technology · Nasdaq: AFRM

Affirm earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends June · next results expected around 4 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q1 FY2027

Affirm's first fiscal quarter of 2027 delivered total revenue of $1,262 million (+35%), GMV of $14.4 billion (+34%), Operating Income of $187 million and Net Income of $164M.

Affirm had a strong start to fiscal 2027. Total revenue grew 35% to $1,262 million as Gross Merchandise Volume (GMV), the dollars spent through its platform, grew 34% to $14.4 billion. Revenue Less Transaction Costs grew 36% to $617 million. Operating Income was $187 million versus $64 million a year earlier, and net income was $164M. Affirm Card was the engine: Card GMV grew 117% and active cardholders reached 6.0 million.

Read the Q1 FY2027 summary →

Quarters

KPI history

Revenue$1.3B+35.2% y/yQ1 FY27
Q2 FY25: $866.4MQ2 25$866.4MQ3 FY25: $783.1MQ3 25$783.1MQ4 FY25: $876.4M (worked out from the annual figure)Q4 25$876.4MQ1 FY26: $933.3MQ1 26$933.3MQ2 FY26: $1.1BQ2 26$1.1BQ3 FY26: $1.0BQ3 26$1.0BQ4 FY26: $1.2B (worked out from the annual figure)Q4 26$1.2BQ1 FY27: $1.3BQ1 27$1.3B

Fourth quarter worked out from the annual figure.

Data
Q2 FY25$866.4M
Q3 FY25$783.1M
Q4 FY25$876.4M *
Q1 FY26$933.3M
Q2 FY26$1.1B
Q3 FY26$1.0B
Q4 FY26$1.2B *
Q1 FY27$1.3B
Diluted EPS (GAAP)$0.47+104.3% y/yQ1 FY27
Q2 FY25: $0.23Q2 25$0.23Q3 FY25: $0.01Q3 25$0.01Q1 FY26: $0.23Q1 26$0.23Q2 FY26: $0.37Q2 26$0.37Q3 FY26: $0.30Q3 26$0.30Q1 FY27: $0.47Q1 27$0.47
Data
Q2 FY25$0.23
Q3 FY25$0.01
Q1 FY26$0.23
Q2 FY26$0.37
Q3 FY26$0.30
Q1 FY27$0.47

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin14.8%+8.0 pts y/yQ1 FY27
Q2 FY25: -0.5%Q2 25-0.5%Q3 FY25: -1.1%Q3 25-1.1%Q4 FY25: 6.6%Q4 256.6%Q1 FY26: 6.8%Q1 266.8%Q2 FY26: 10.5%Q2 2610.5%Q3 FY26: 8.5%Q3 268.5%Q4 FY26: 12.6%Q4 2612.6%Q1 FY27: 14.8%Q1 2714.8%
Data
Q2 FY25-0.5%
Q3 FY25-1.1%
Q4 FY256.6%
Q1 FY266.8%
Q2 FY2610.5%
Q3 FY268.5%
Q4 FY2612.6%
Q1 FY2714.8%
Free cash flow$144.6M−54.9% y/yQ1 FY27
Q2 FY25: $268.1MQ2 25$268.1MQ3 FY25: $157.4MQ3 25$157.4MQ4 FY25: $23.5MQ4 25$23.5MQ1 FY26: $320.2MQ1 26$320.2MQ2 FY26: $118.0MQ2 26$118.0MQ3 FY26: $325.1MQ3 26$325.1MQ4 FY26: $229.3MQ4 26$229.3MQ1 FY27: $144.6MQ1 27$144.6M
Data
Q2 FY25$268.1M
Q3 FY25$157.4M
Q4 FY25$23.5M
Q1 FY26$320.2M
Q2 FY26$118.0M
Q3 FY26$325.1M
Q4 FY26$229.3M
Q1 FY27$144.6M

Operating cash flow minus capital expenditure, from cash flow statements.

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$866.4M$783.1M$876.4Md$933.3M$1.1B$1.0B$1.2Bd$1.3B
Operating income-$4.3M-$8.4M$58.1Md$63.7M$117.6M$88.4M$147.3Md$187.1M
Operating margin-0.5%-1.1%6.6%6.8%10.5%8.5%12.6%14.8%
Net income$80.4M$2.8M$69.2Md$80.7M$129.6M$102.9M$1.6Bd$164.2M
Diluted EPS$0.23$0.01—$0.23$0.37$0.30—$0.47
Operating cash flow$312.0Md$210.4Md$74.6Md$374.6M$173.7Md$386.5Md$296.2Md$207.1M
Capital expenditure$43.9Md$53.0Md$51.1Md$54.4M$55.7Md$61.4Md$66.9Md$62.5M
Free cash flow$268.1M$157.4M$23.5M$320.2M$118.0M$325.1M$229.3M$144.6M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings