Welcome to our dedicated page for Affirm Holdings SEC filings (Ticker: AFRM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Affirm Holdings, Inc. filings document the company’s pay-over-time financing business, operating results, governance, and capital structure. Form 8-K reports furnish shareholder letters with quarterly results, gross merchandise volume, revenue, revenue less transaction costs, operating income, and reconciliations of non-GAAP measures to GAAP results.
Affirm’s regulatory record also includes proxy and annual meeting materials covering director elections, auditor ratification, advisory executive compensation votes, and its dual-class common stock voting structure. Other filings disclose material merchant agreements for closed-end installment loan products, warrant arrangements, and executive equity compensation through RSUs and PSUs.
Affirm Holdings’ Chief Legal Officer Katherine Adkins reported RSU vesting and related share withholding. On March 1, 2026, multiple tranches of Restricted Stock Units were settled, resulting in the acquisition of 10,593 shares of Class A common stock at a stated price of $0.00 per share, bringing her direct Class A common stock holdings to 142,570 shares before tax withholding.
On the same date, 4,795 shares of Class A common stock were disposed of at $46.98 per share to satisfy tax obligations tied to the RSU settlements, leaving her with 137,775 directly held shares. Each RSU represents a right to receive one Class A share, and the grants vest in scheduled monthly or quarterly installments so long as she remains in continuous service with Affirm.
Affirm Holdings’ Chief Legal Officer Katherine Adkins reported RSU vesting and related share withholding. On March 1, 2026, multiple tranches of Restricted Stock Units were settled, resulting in the acquisition of 10,593 shares of Class A common stock at a stated price of $0.00 per share, bringing her direct Class A common stock holdings to 142,570 shares before tax withholding.
On the same date, 4,795 shares of Class A common stock were disposed of at $46.98 per share to satisfy tax obligations tied to the RSU settlements, leaving her with 137,775 directly held shares. Each RSU represents a right to receive one Class A share, and the grants vest in scheduled monthly or quarterly installments so long as she remains in continuous service with Affirm.
Affirm Holdings, Inc. Chief Operating Officer Michael Linford reported equity award activity involving restricted stock units and Class A common stock. On March 1, 2026, RSUs converted into 11,717 shares of Class A common stock, and 3,775 shares were withheld at $46.98 per share to cover tax obligations tied to the RSU vesting schedules.
Affirm Holdings, Inc. Chief Operating Officer Michael Linford reported equity award activity involving restricted stock units and Class A common stock. On March 1, 2026, RSUs converted into 11,717 shares of Class A common stock, and 3,775 shares were withheld at $46.98 per share to cover tax obligations tied to the RSU vesting schedules.
Affirm Holdings, Inc.'s Chief Operating Officer Michael Linford reported a non-market exercise and hold of stock options. On February 9, 2026, he exercised options for 20,000 shares of Class A Common Stock at $49 per share, increasing his directly held Class A shares to 100,269. The related stock option award, with a $49 exercise price and expiring on January 11, 2031, now covers 263,751 derivative securities. The options vest 5% six months after January 1, 2021, with the remaining portions vesting quarterly over four years in annual amounts of 15%, 20%, 30% and 30%, subject to continued employment.
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, 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. Chief Legal Officer Katherine Adkins reported routine equity compensation activity. On February 1, 2026, 1,401 Restricted Stock Units settled into 1,401 shares of Class A Common Stock at an exercise price of $0.
To cover taxes on this vesting, 648 shares of Class A Common Stock were withheld at a price of $60.3 per share. After these transactions, Adkins directly holds 131,977 shares of Class A Common Stock and 9,811 RSUs, which vest in 48 equal monthly installments beginning October 1, 2022, with no expiration date.
Affirm Holdings, Inc.’s Chief Operating Officer Michael Linford reported routine equity compensation activity. On February 1, 2026, 2,335 restricted stock units converted into the same number of shares of Class A Common Stock at an exercise price of $0.
To cover taxes on this vesting, 628 shares of Class A Common Stock were withheld at $60.30 per share. After these transactions, Linford directly held 80,269 shares of Class A Common Stock and 16,351 restricted stock units, which continue to vest in equal monthly installments beginning October 1, 2022.
Affirm Holdings, Inc. insider Libor Michalek reported equity compensation activity and tax withholding. On February 1, 2026, 2,335 Restricted Stock Units converted into the same number of shares of Class A Common Stock at an exercise price of $0, increasing his directly held shares.
To cover taxes on this vesting, 838 shares of Class A Common Stock were withheld at a price of $60.3 per share, leaving him with 206,997 directly owned shares. In addition, 868,114 shares of Class A Common Stock are reported as indirectly owned through the Michalek 2007 Family Trust, for which he and his spouse serve as trustees.
Affirm Holdings Chief Operating Officer Michael Linford exercised stock options for 20,000 shares of Class A common stock on January 30, 2026 through a non-market "exercise and hold" transaction at $49 per share. After this transaction, he directly owns 78,562 Class A shares and 283,751 stock options. The options, originally granted with a vesting schedule starting January 1, 2021, continue to vest over several years, and any shares acquired on exercise remain subject to that vesting schedule.
BlackRock, Inc. has disclosed a passive ownership stake in Affirm Holdings Inc. Class A. As of 12/31/2025, BlackRock reported beneficial ownership of 14,766,952 shares of Class A stock, representing 5.1% of the class. It reported sole power to vote 13,567,856 shares and sole power to dispose of 14,766,952 shares, with no shared voting or dispositive power.
The filing states that the securities are held in the ordinary course of business and are not held for the purpose of changing or influencing control of Affirm. Various underlying clients or holders may have rights to dividends or sale proceeds, but no single person has more than five percent of the outstanding common shares.