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Affirm Holdings, Inc. AFRM Loss on loan purchase commitment

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Other financials

Income statement

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Revenue$1.0B+32.6%
Operating income$88.4M+1,154%
Net income$102.9M+3,570%
EPS (diluted)$0.30+2,900%

Balance sheet

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Cash & equivalents$2.5B+42.5%
Total debt$9.3B+18.8%
Total equity$3.8B+31.6%
Total assets$13.1B+25.9%

Cash flow

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Operating cash flow$386.5M+83.7%
CapEx$61.4M+15.8%
Free cash flow$325.1M+107%

Valuation

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Market cap$25.3B+7.5%
Enterprise value$32.16B+47.4%
P/E66.2×-385×
P/S6.4×-0.9×

Profitability

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Operating margin-7.3%-3.2pp
Net margin9.6%+8.2pp
FCF margin19.8%-0.4pp

Returns & leverage

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Return on equity11.5%+9.9pp
Debt / equity2.5×-0.3×

Where this comes from

Reported directly by Affirm Holdings, Inc. in its filing.

Tagged under the XBRL concept afrm:LossOnFinancingReceivableCommitmentsToPurchase.

The source filing: Affirm Holdings, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:04 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032294
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Servicing income44,62232,050127,05886,723
Total revenue, net$1,038,765$783,135$3,095,122$2,347,995
Operating expenses
Loss on loan purchase commitment$67,964$57,290$235,581$181,805
Provision for credit losses196,543147,252573,448460,056
Funding costs113,762107,631335,507319,539
Processing and servicing162,291118,398454,680329,504
Technology and data analytics191,619152,620544,595435,123

Item 1. Financial Statements

FAQ

What is Affirm Holdings, Inc.'s loss on loan purchase commitment?
Affirm Holdings, Inc. (AFRM) reported loss on loan purchase commitment of $67.96M in Q1 2026.
How has Affirm Holdings, Inc.'s loss on loan purchase commitment changed year-over-year?
Affirm Holdings, Inc.'s loss on loan purchase commitment increased by 18.6% year-over-year, from $57.29M to $67.96M.
What is the long-term trend for Affirm Holdings, Inc.'s loss on loan purchase commitment?
Over 3 years (2022 to 2025), Affirm Holdings, Inc.'s loss on loan purchase commitment has grown at a 5.9% compound annual growth rate (CAGR), from $204.08M to $242.26M.
What does loss on loan purchase commitment mean?
This represents the accounting loss recognized when the fair value of a commitment to purchase or fund loans declines below the agreed-upon price. It reflects the financial impact of market volatility or credit risk changes on the company's forward-looking lending commitments.

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