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Affirm Holdings, Inc. AFRM Business Segments

TTM Q3 '26TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25
Revenue by Product
Card network revenue$275.95M+2.9%$268.05M+5.9%$253.16M+9.4%$231.31M+11.6%$207.17M+12.4%
Merchant network revenue$1.09B+5.2%$1.03B+8.8%$949.47M+7.6%$882.66M+7.1%$824.22M+7.1%

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Questions, answered.

How does Affirm Holdings, Inc. break its business down?
Affirm Holdings, Inc. (AFRM) reports revenue by product across 2 parts — Card network revenue and Merchant network revenue. Each is extracted from the segment footnotes and tracked over time.
Where does Affirm Holdings, Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in Affirm Holdings, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.