Affirm Holdings, Inc. (AFRM)

74.36 -3.38 (-4.35%)

As of 2026-08-31 09:55:46 EST

Affirm Holdings, Inc. is an American financial technology company and a point-of-sale lender. Founded in 2012 by PayPal co-founder Max Levchin, it is the largest U.S. based buy now, pay later (BNPL) financier. As of 2025, Affirm reports nearly 27 million users and processing $37 billion in annual payments.

Traded asNasdaq: AFRM
ISINUS00827B1061
CIK0001820953
LEI529900LZI7FSF8IS2V41
EIN842224323
SectorFinancial services
IndustryPersonal Credit Institutions
CEOMax Levchin
Employees2,206
Fiscal Year End0630
Address221 MAIN STREET, FLOOR 6, SAN FRANCISCO, CA, 94105
Phone(415) 960-1518
Websitehttps://www.affirm.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
AFRMAffirm Holdings, Inc.2026-08-31 09:55:4674.36-3.38-4.35
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
AFRM0001820953Affirm Holdings, Inc.US00827B1061529900LZI7FSF8IS2V41842224323Nasdaq6141Personal Credit Institutions0630NV221 MAIN STREET, FLOOR 6SAN FRANCISCOCA94105UNITED STATESUS(415) 960-1518221 MAIN STREET, FLOOR 6, SAN FRANCISCO, CA, 94105221 MAIN STREET, FLOOR 6, SAN FRANCISCO, CA, 94105Financial services2012Max Levchin2,206https://www.affirm.com/16,600,000,00059,239,370Affirm Holdings, Inc. is an American financial technology company and a point-of-sale lender. Founded in 2012 by PayPal co-founder Max Levchin, it is the largest U.S. based buy now, pay later (BNPL) financier. As of 2025, Affirm reports nearly 27 million users and processing $37 billion in annual payments.2026-08-27 18:33:40
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AFRM Stock Price (End-of-Day)
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AFRM Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
202620,800,000,0004,200,000,00025.3012
202516,600,000,0004,100,000,00032.8
202412,500,000,00010,300,000,000468.1818
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Michael LinfordChief Operating Officer2025500,00003,999,987562,8607,5009,070,340
Libor MichalekPresident2025500,00003,749,991562,8607,5008,570,323
Max LevchinCEO202538,834000499,473538,307
Rob O’HareChief Financial Officer2025457,38602,749,970450,5537,5006,415,357
Katherine AdkinsChief Legal Officer, Chief Compliance Officer2025450,00001,749,975379,9317,5004,337,397
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Employee Count
Fiscal YearEmployee Count
20262,358
20252,206
20242,006
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Income Statements
Fiscal Year202620252024
Revenue4,261,082,0003,224,412,0002,322,999,000
Cost Of Revenue
Gross Profit4,261,082,0003,224,412,0002,322,999,000
Research And Development Expenses
General And Administrative Expenses578,312,000545,053,000525,291,000
Operating Expenses3,844,105,0003,311,685,0002,938,846,000
Operating Income416,977,000-87,273,000-615,847,000
Net Income1,929,793,00052,186,000-517,757,000
Earnings Per Share Basic5.760.16-1.67
Earnings Per Share Diluted5.530.15-1.67
Weighted Average Shares Outstanding Basic335,155,421322,851,873309,857,129
Weighted Average Shares Outstanding Diluted348,846,647341,023,566309,857,129
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Balance Sheet Statements
Fiscal Year202620252024
Cash And Cash Equivalents1,630,038,0001,354,455,0001,013,106,000
Marketable Securities Current
Accounts Receivable284,350,000426,177,000353,028,000
Inventories
Non Trade Receivables3,771,00018,263,000
Other Assets Current
Total Assets Current15,081,336,00010,563,168,0009,070,070,000
Marketable Securities Non Current
Property Plant And Equipment685,834,000572,637,000427,686,000
Other Assets Non Current
Total Assets Non Current708,812,000591,761,000449,549,000
Total Assets15,790,148,00011,154,929,0009,519,619,000
Accounts Payable84,647,00082,820,00041,019,000
Deferred Revenue
Short Term Debt221,321,000183,181,000328,921,000
Other Liabilities Current
Total Liabilities Current
Long Term Debt9,794,058,0007,609,663,0001,836,909,000
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities10,306,324,0008,085,919,0006,787,630,000
Common Stock
Retained Earnings-1,127,025,000-3,056,818,000-3,109,004,000
Accumulated Other Comprehensive Income-36,368,000-15,069,000-21,565,000
Total Shareholders Equity5,483,824,0003,069,009,0002,731,989,000
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Cash Flow Statements
Fiscal Year202620252024
Depreciation And Amortization303,333,000225,076,000169,044,000
Share Based Compensation Expense304,671,000321,433,000344,511,000
Other Non Cash Income Expense36,100,000-13,703,00025,331,000
Change In Accounts Receivable-132,603,00084,952,000167,757,000
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets50,111,00012,175,000-31,228,000
Change In Accounts Payable1,827,00041,801,00012,417,000
Change In Other Liabilities10,792,000-48,943,000-55,169,000
Cash From Operating Activities1,230,974,000793,909,000450,138,000
Purchases Of Marketable Securities992,920,000823,886,000986,071,000
Sales Of Marketable Securities1,000,000,0001,300,000,0001,500,000,000
Acquisition Of Property Plant And Equipment238,346,000192,189,000159,296,000
Acquisition Of Business00
Other Investing Activities369,00099,917,00034,005,000
Cash From Investing Activities-2,553,427,000-1,083,064,000-1,325,149,000
Tax Withholding For Share Based Compensation303,811,000189,169,000
Payments Of Dividends
Issuance Of Common Stock141,061,00047,104,00022,922,000
Repurchase Of Common Stock0250,000,0000
Issuance Of Long Term Debt38,055,930,00021,174,242,00012,639,444,000
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities2,009,688,000751,425,000913,149,000
Change In Cash676,620,000461,024,00035,455,000
Cash At End Of Period1,630,038,0001,354,455,0001,013,106,000
Income Taxes Paid6,618,0002,736,0001,187,000
Interest Paid426,175,000404,377,000318,235,000
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Key Metrics
Fiscal Year202620252024
Earnings Per Share5.760.16-1.67
Price To Earnings Ratio14.158432.125-17.8623
Earnings Growth Rate3,500-109.5808-50
Price Earnings To Growth Ratio0.004-3.94340.3572
Book Value Per Share16.3629.50598.8169
Price To Book Ratio4.98417.27333.3833
Ebitda2,693,760,000705,449,000-3,273,000
Enterprise Value35,717,265,582.5528,760,367,499.2210,395,762,158.07
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio1.82632.53920.7928
Capital Expenditures416,530,000370,027,000306,595,000
Free Cash Flow814,444,000423,882,000143,543,000
Return On Equity0.35190.017-0.1895
One Year Beta2.58382.42533.4145
Three Year Beta2.62883.0763.5569
Five Year Beta3.12793.08693.3714
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Watson Noel BertramDirector2026-08-122,000D34,076
Linford MichaelChief Operating Officer2026-08-012,335A121,683
Linford MichaelChief Operating Officer2026-08-01970D120,713
Linford MichaelChief Operating Officer2026-08-012,335D2,338
Michalek LiborDirector, President2026-08-012,335A226,086
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Daniel Goldman2023-05-19NY10Purchase2023-04-10$1,001 - $15,000
Thomas Suozzi2022-05-20NY03Sale2022-03-04$1,001 - $15,000
Josh Gottheimer2022-03-18NJ05Sale2022-02-11Joint$1,001 - $15,000
Josh Gottheimer2022-01-10NJ05Sale (Partial)2021-12-28Joint$1,001 - $15,000
Josh Gottheimer2021-11-15NJ05Purchase2021-10-12Joint$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Cornerstone Financial Management LLC2026-06-301,4681881.5556
Corient Private Wealth LLC2026-06-302,533,14131,06381.5485
Principia Wealth Advisory, LLC2026-06-301,2231581.5333
VIRGINIA RETIREMENT SYSTEMS ET Al2026-06-306,157,92275,51181.55
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM2026-06-3029,932,275367,04281.55
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
DIAMOND HILL FUNDS2026-06-30Diamond Hill Long-Short Fund Class YDIAYX-282,250-23,017,487.5-1.0904
DIAMOND HILL FUNDS2026-06-30Diamond Hill Long-Short Fund Class IDHLSX-282,250-23,017,487.5-1.0904
VANGUARD INSTITUTIONAL INDEX FUNDS2026-06-30Institutional SharesVITNX126,33510,302,619.250.0297
VANGUARD INDEX FUNDS2026-06-30Institutional Plus SharesVSCPX6,075,396495,448,543.80.2626
VANGUARD INDEX FUNDS2026-06-30ETF SharesVB6,075,396495,448,543.80.2626
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