$AFRM. Report Analysis and 3 Key Drivers.
Q1 FY2026 Report ( last report)
Revenue: $933M (+33% YoY) — above expectations.
GMV (merchandise volume): $10.4B (+42% YoY) — accelerating again.
Profit: SECOND consecutive quarter with GAAP operating profit.
Growth Drivers:
1. Affirm Card
The numbers are impressive:
• Cardholders: 2.8M (+101% YoY!).
• Card spending (GMV): $1.4B (+135%!).
• Cardholders spend 7x more than regular users.
2. Affirm is integrated everywhere people shop:
• Apple Pay: You can now pay with your Affirm card offline on your iPhone. • Amazon, Shopify, Wayfair: Direct integration into checkout at giants.
• Worldpay: Connecting thousands of platforms.
• Google: Will become a payment option for AI assistants.
3. Marketing costs fell by 46%—efficiency is growing.
• Fewer delinquencies and write-offs, despite the portfolio growing. In-house AI scoring is working perfectly.
• INCREASED GMV and margin forecasts for the year.
Q1 FY2026 Report ( last report)
Revenue: $933M (+33% YoY) — above expectations.
GMV (merchandise volume): $10.4B (+42% YoY) — accelerating again.
Profit: SECOND consecutive quarter with GAAP operating profit.
Growth Drivers:
1. Affirm Card
The numbers are impressive:
• Cardholders: 2.8M (+101% YoY!).
• Card spending (GMV): $1.4B (+135%!).
• Cardholders spend 7x more than regular users.
2. Affirm is integrated everywhere people shop:
• Apple Pay: You can now pay with your Affirm card offline on your iPhone. • Amazon, Shopify, Wayfair: Direct integration into checkout at giants.
• Worldpay: Connecting thousands of platforms.
• Google: Will become a payment option for AI assistants.
3. Marketing costs fell by 46%—efficiency is growing.
• Fewer delinquencies and write-offs, despite the portfolio growing. In-house AI scoring is working perfectly.
• INCREASED GMV and margin forecasts for the year.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.