Every 10-Q that Affirm Holdings, Inc. (AFRM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AFRM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AFRM filings page.
Affirm Holdings, Inc. reported strong growth and a return to solid profitability for the quarter ended March 31, 2026. Total revenue, net rose to $1,038,765 thousand from $783,135 thousand a year earlier, driven by higher interest income, merchant network revenue, and gains on loan sales.
Quarterly net income improved to $102,900 thousand from $2,804 thousand, with diluted earnings per share of $0.30 versus $0.01. For the nine-month period, revenue reached $3,095,122 thousand and net income was $313,180 thousand, compared with a loss in the prior year.
Loans held for investment expanded to $8,572,972 thousand, and the allowance for credit losses increased to $512,314 thousand as Affirm supported a larger loan portfolio. Total assets were $13,141,580 thousand, funded largely by $5,327,589 thousand of notes issued by securitization trusts and $2,417,705 thousand of funding debt. Cash and cash equivalents were $1,723,413 thousand, and total stockholders’ equity rose to $3,783,410 thousand, reflecting accumulated profits and additional paid-in capital.
Affirm Holdings, Inc. reported sharply stronger results for the quarter ended December 31, 2025, with total revenue of $1.12 billion, up from $866.4 million a year earlier. Growth was broad-based across merchant network, card network, interest income, and loan sale gains.
Net income rose to $129.6 million from $80.4 million, and six‑month net income reached $210.3 million versus a prior‑year loss. Basic EPS for the quarter was $0.39. Loans held for investment increased to $8.77 billion, funded partly by higher securitization and warehouse debt, while total assets grew to $13.0 billion and equity to $3.55 billion.
Affirm Holdings (AFRM) reported a strong quarter for the three months ended September 30, 2025, with total revenue of $933.3 million, up from $698.5 million a year ago, and net income of $80.7 million versus a prior-year net loss of $100.2 million. Basic EPS was $0.24 and diluted EPS was $0.23.
Growth was broad-based: merchant network revenue reached $251.1 million and card network revenue was $69.3 million, while interest income rose to $454.1 million. Gain on sales of loans increased to $119.0 million and servicing income to $39.7 million. Operating expenses totaled $869.7 million, including provision for credit losses of $162.8 million and funding costs of $110.0 million, resulting in operating income of $63.7 million.
On the balance sheet, total assets were $11.48 billion, including cash and cash equivalents of $1.43 billion and loans held for investment, net, of $6.81 billion. Total liabilities were $8.18 billion, including notes issued by securitization trusts of $4.83 billion and funding debt of $1.78 billion. Stockholders’ equity was $3.30 billion. As of October 31, 2025, Class A shares outstanding were 289,362,771 and Class B were 40,710,867.