Earnings ·
Affirm Reports $1.3B Revenue and $164M Net Income for First Fiscal Quarter 2027
AFRMAffirm Holdings, Inc.
Affirm Holdings reported first fiscal quarter 2027 results with total revenue of $1,262 million, a 35% increase year-over-year, driven by Gross Merchandise Volume (GMV) growth of 34% to $14.4 billion. Net income reached $164 million, up from $81 million in the prior year period, while Adjusted Operating Income rose 44% to $380 million with a margin of 30%. The company also reported 28.7 million active consumers and 621,000 active merchants. Affirm operates in the consumer finance industry, providing point-of-sale payment solutions and lending services.