0% APR installment volumes grew 74% as more than 40,000 merchants funded interest-free offers, a strategy CEO Max Levchin said “creates real network value” for both merchants and consumers.Network and merchant expansion drove 42% GMV growth to $10.8 billion, with nearly half from direct merchant integrations and a third from direct-to-consumer channels.Affirm opened fiscal 2026 with a first quarter marked by record volumes, profitable growth and an extended partnership with Amazon, which has now been given ...

For the quarter ended September 2025, Affirm Holdings (AFRM) reported revenue of $933.34 million, up 33.6% over the same period last year. EPS came in at $0.23, compared to -$0.31 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $885.01 million, representing a surprise of +5.46%. The company delivered an EPS surprise of +109.09%, with the consensus EPS estimate being $0.11.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Affirm Holdings (AFRM) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to a loss of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +109.09%. A quarter ago, it was expected that this operator of digital commerce platform would post earnings of $0.11 per share when it actually produced earnings of $0.2, delivering a surprise of +81.82%.Over the la ...

[Music] Final trade time, Tim. It >> was kind of a fun show. I don't know.Just good good last day. We have Tento. I don't think that's that's Well, it's going to be fun, too.Sorry, Karen. >> Yes. Happy anniversary to my husband.He's the luckiest guy in the world. That would be a Dan joke there. Uh, for my final trait, affirm.I really like that quarter, Courtney. Uh, Philip is 66 in the mid-stream refining space. Think this something you want to take a look at.>> And the Gallup kids wish their mom and dad a ...

[music] Welcome back to fast money earnings alert on a firm shares of the buy now pay later uh company spiking 11% after hours the company delivering earnings and revenues that exceeded Wall Street estimates the conference call is underway CNBC's Mackenzie Sagalas got the latest Mac. >> Hey Mel so firm shares are rallying after hours as transaction volume jumped 42% in the quarter. CEO Max Lechin opened the earnings call though by pointing to their new 5-year deal with Amazon as a major win.Indeed, a key mo ...

[Music] Welcome back to fast money earnings alert on a firm shares of the buy now pay later uh company spiking 11% after hours the company delivering earnings and revenues that exceeded Wall Street estimates the conference call is underway CNBC's Mackenzie Sagalas got the latest Mac. >> Hey Mel so firm shares are rallying after hours as transaction volume jumped 42% in the quarter. CEO Max Lechin opened the earnings call though by pointing to their new 5-year deal with Amazon as a major win.Indeed, a key mo ...

Affirm (NasdaqGS:AFRM) Q1 2026 Earnings Call November 06, 2025 05:00 PM ET Company ParticipantsMax Levchin - Founder and CEOZane Keller - Head of Investor RelationsRob O'Hare - CFOMichael Linford - COOConference Call ParticipantsDan Perlin - AnalystKathy Chan - AnalystKyle Joseph - AnalystAdam Frisch - AnalystJames Faucette - AnalystHarry Bartlett - AnalystJeff Cantwell - AnalystMoshe Orenbuch - AnalystJamie Friedman - AnalystDan Dolev - AnalystNate Svensson - AnalystReggie Smith - AnalystRob Wildhack - Ana ...

Affirm (NasdaqGS:AFRM) Q1 2026 Earnings Call November 06, 2025 05:00 PM ET Company ParticipantsMax Levchin - Founder and CEOZane Keller - Head of Investor RelationsRob O'Hare - CFOMichael Linford - COOConference Call ParticipantsDan Perlin - AnalystKathy Chan - AnalystKyle Joseph - AnalystAdam Frisch - AnalystJames Faucette - AnalystHarry Bartlett - AnalystJeff Cantwell - AnalystMoshe Orenbuch - AnalystJamie Friedman - AnalystDan Dolev - AnalystNate Svensson - AnalystReggie Smith - AnalystRob Wildhack - Ana ...

Financial Data and Key Metrics Changes - The company reported a strong quarter with significant growth, maintaining a revenue-less transaction cost (RLTC) of 4.2% [22][105] - The updated fiscal year 2026 outlook indicates an increase in operating margins to more than 7.5%, up from the previous guidance of over 6% [73][74] Business Line Data and Key Metrics Changes - The company highlighted that approximately half of the GMV growth came from direct point-of-sale merchant integrations, while one-third came from direct-to-consumer channels [52] - The 0% APR loans are identified as the fastest-growing loan product, with expectations for continued growth in this area [78] Market Data and Key Metrics Changes - The company noted a healthy spending environment for consumers, particularly in sectors like sporting goods and outdoor products [27] - Delinquency trends remain low, indicating strong consumer repayment behavior [29] Company Strategy and Development Direction - The company extended its agreement with Amazon for an additional five years, indicating a commitment to long-term partnerships [4][47] - The strategy includes expanding relationships with payment service providers (PSPs) to enhance integration speed and market reach [15][34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to execute in the ABS market despite broader market challenges, attributing success to strong asset performance and investor relationships [10][112] - The company is focused on maintaining a long-term perspective, with a target RLTC range of 3% to 4% for sustainable growth [23][107] Other Important Information - The company is actively exploring new verticals, including services and automotive repair, with a robust process for adapting underwriting models [96][97] - The recent promotional event, referred to as "Zero Days," was successful in driving consumer engagement and merchant awareness [61][104] Q&A Session Summary Question: Thoughts on funding market execution amidst challenges - Management highlighted their strong execution in the ABS market and the unique value of their products, which are well-received by investors [10] Question: Insights on PSP relationships and strategy - Management emphasized the importance of PSPs for integration speed and expanding market access, noting ongoing efforts to enhance these relationships [15][34] Question: Trends in consumer spending and delinquency rates - Management confirmed that consumer spending remains healthy, with low delinquency rates indicating effective underwriting practices [27][29] Question: Update on operating margins and expense expectations - Management attributed the increase in operating margins to growth rather than cost-cutting, with a focus on revenue growth driving operating leverage [74] Question: Competitive environment and capital market conditions - Management noted a constructive capital market environment for their assets, with a focus on maintaining strong relationships with investors [112]

The payments company posted a profit of $80.7 million, surpassing analysts expectations, thanks to higher merchant integration and direct-to-consumer business. ...