Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. (AFRM) reported that it issued a Shareholder Letter on August 27, 2026 covering its financial results for the fourth fiscal quarter ended June 30, 2026. The letter, furnished as Exhibit 99.1, includes non-GAAP financial measures with reconciliations to comparable GAAP metrics.
The company’s Board appointed Michael Linford as President effective August 27, 2026. He previously served as Chief Operating Officer since September 2024 and Chief Financial Officer from August 2018 to November 2024. In his new role, he adds oversight of legal, compliance, public affairs, revenue and global markets while continuing oversight of brand, communications, enterprise risk, finance, internal audit and people functions. Existing compensation arrangements for Mr. Linford remain unchanged, and he has no family relationships with directors or executive officers and no related-party transactions requiring disclosure. Libor Michalek continues to serve as President overseeing engineering, risk, operations, product and design and remains on the Board, and both executives report to CEO and Chair Max Levchin.
Affirm Holdings, Inc. entered into an Amended Credit Agreement that expands its unsecured revolving credit facility and refreshes its board. The aggregate commitment increased from $330 million to $675 million, and the maturity was extended to June 18, 2029, subject to a springing maturity tied to its 0% convertible notes due 2026. Borrowings will bear interest at either a SOFR-based rate plus a 1.50% margin or a base rate plus a 0.50% margin, with a 0.15% commitment fee on unused commitments, and are guaranteed by the company and certain subsidiaries. The facility includes leverage and tangible net worth covenants, as well as performance triggers based on credit metrics. Affirm also appointed Ryan Schneider as a Class III director effective July 1, 2026, adding him to the Audit and Nominating and Governance Committees, with compensation consisting of RSU grants valued at $260,000 each and a $55,000 annual cash retainer.
Affirm Holdings reported fiscal third-quarter 2026 results with rapid growth and improved profitability. Gross Merchandise Volume reached $11.6 billion, up 35%, while total revenue grew 33% to $1,038.8 million. Revenue Less Transaction Costs was $498.2 million, up 41% and equal to 4.3% of GMV.
The company generated $88.4 million in operating income, an 8.5% margin versus a prior-year loss, and net income of $102.9 million. Adjusted operating income rose to $280.8 million with a 27.0% adjusted margin. Active consumers increased to 26.8 million, active merchants to 515 thousand, and Card GMV to $2.1 billion with 4.4 million active cardholders.
Credit metrics remained stable, with 30+ day delinquencies on monthly installment loans ex-Peloton at 2.8% and allowance for credit losses at 6.0% of loans held for investment. Funding capacity reached $28.2 billion, supporting an estimated GMV of more than $65.0 billion. For fiscal Q4 2026, Affirm guides GMV of $13.15–$13.45 billion, revenue of $1,080–$1,110 million, RLTC of $535–$550 million, and operating margin of 9.5–11.5%. Full-year 2026 guidance calls for GMV of $49.265–$49.565 billion, revenue of $4,175–$4,205 million, RLTC of $2,031–$2,046 million, and operating margin of 8.9–9.4%, with adjusted operating margin of 28.2–28.8%.
Affirm Holdings, Inc. filed an 8-K to announce that on February 5, 2026 it issued a Shareholder Letter covering financial results for its second fiscal quarter ended December 31, 2025. The letter, attached as Exhibit 99.1, includes GAAP and non-GAAP measures with reconciliations.
The company notes that the information in Item 2.02 and Exhibit 99.1 is being furnished rather than filed, which affects how it is treated under securities laws. The 8-K is signed by Chief Financial Officer Rob O'Hare on behalf of Affirm Holdings, Inc.
Affirm Holdings, Inc. granted its Founder and Chief Executive Officer, Max Levchin, an annual equity award of 333,667 performance stock units (PSUs) under its Amended and Restated 2012 Stock Plan. These PSUs can convert into shares of Class A common stock based on company results over a three-year performance period that began on July 1, 2025.
Performance is measured on two metrics, each weighted at 50%: annual growth in revenue less transaction costs and adjusted operating income, with targets set for each fiscal year in the period. Depending on average performance, between 50% and 200% of the granted PSUs may be earned, with no shares earned before the end of the period, and vesting also requires Mr. Levchin’s continued service. This grant follows the expiration of his prior value creation award, whose five-year performance period ended on January 11, 2026.
Affirm Holdings, Inc. reported the results of its 2025 annual meeting of stockholders held on December 15, 2025. Stockholders representing 93.4% of the combined voting power of Class A and Class B shares were present in person or by proxy, establishing a quorum.
All three proposals passed. Three Class II directors — Richard Galanti, Christa S. Quarles, and Manolo Sánchez — were elected to serve until the 2028 annual meeting. Stockholders also ratified the selection of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending June 30, 2026.
In addition, stockholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers as described in the proxy statement, indicating support for the current executive pay program.
Affirm Holdings (AFRM) entered a new long‑term agreement with Amazon. On November 6, 2025, its subsidiary Affirm, Inc. signed a Second Amended and Restated Installment Financing Services Agreement with Amazon.com Services LLC and Amazon Payments, Inc. Effective February 1, 2026, the agreement runs for five years through January 2031 and then renews annually unless notice is given. Affirm will continue offering its closed‑end installment loans on Amazon.com and via the Amazon Pay widget on certain third‑party online channels.
Affirm also amended Amazon’s equity warrant. The amended warrant covers up to 15,000,000 Class A shares. The exercise price remains $100.00 per share for Warrant Shares vesting based on New Users Acquired before February 1, 2026, and is set at $63.06 per share for Warrant Shares vesting based on New Users Acquired on or after that date. The company also furnished a Shareholder Letter for the fiscal quarter ended September 30, 2025.
Affirm Holdings, Inc. disclosed that on September 18, 2025 its Compensation Committee approved the company’s annual equity awards under the Amended and Restated 2012 Stock Plan. The awards consist of both restricted stock units (RSUs) and performance stock units (PSUs) that vest into shares of the company’s Class A Common Stock. The filing references a table listing the specific executive recipients and grant details, but those numeric award amounts and recipient names are not included in the provided excerpt.
Affirm Holdings, Inc. filed a current report describing that it released a Shareholder Letter with its financial results for the fourth fiscal quarter ended June 30, 2025. The letter, dated August 28, 2025, is provided as an exhibit and is incorporated by reference.
The company notes that the Shareholder Letter contains certain non-GAAP financial measures, and that reconciliations to the comparable GAAP figures are included within that letter and its financial tables. The information in this report related to the letter is being furnished rather than filed, which affects how it is treated under securities law.
Affirm (Nasdaq: AFRM) filed an 8-K disclosing that, at a June 25, 2025 special meeting, stockholders approved the reincorporation from Delaware to Nevada. The proposal passed with 675.2 million votes FOR (84.3% of votes cast) against 124.9 million AGAINST, representing 89.62% of total voting power present.
On June 26, 2025 the company filed the requisite conversion documents; the move becomes effective July 1, 2025, 12:01 a.m. PT. At the effective time, each share of Class A and Class B common stock, as well as all equity awards, will convert 1-for-1 into equivalent Nevada shares. The ticker AFRM and Nasdaq listing remain unchanged.
The filing emphasizes that the reincorporation will not affect operations, management, assets, liabilities, contracts or net worth, but it will subject the company and investors to Nevada corporate law; “certain rights of the Company’s stockholders will change” as detailed in the proxy statement.