$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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.