Welcome to our dedicated page for Affirm Holdings SEC filings (Ticker: AFRM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Affirm Holdings, Inc. filings document the company’s pay-over-time financing business, operating results, governance, and capital structure. Form 8-K reports furnish shareholder letters with quarterly results, gross merchandise volume, revenue, revenue less transaction costs, operating income, and reconciliations of non-GAAP measures to GAAP results.
Affirm’s regulatory record also includes proxy and annual meeting materials covering director elections, auditor ratification, advisory executive compensation votes, and its dual-class common stock voting structure. Other filings disclose material merchant agreements for closed-end installment loan products, warrant arrangements, and executive equity compensation through RSUs and PSUs.
Affirm Holdings, Inc. Chief Operating Officer Michael Linford reported routine equity compensation activity involving vested restricted stock units on Class A Common Stock. On June 1, 2026, RSU vesting led to the acquisition of 11,717 shares, while 4,666 shares were withheld at a price of $72.91 to cover tax obligations.
Following these transactions, Linford directly held 117,984 shares of Class A Common Stock. Footnotes explain that each RSU converts into one share and describe multi-year vesting schedules, with installments vesting monthly or quarterly as long as he remains in continuous service with the company.
Affirm Holdings, Inc. Chief Financial Officer Robert O'Hare reported a series of equity compensation transactions on Class A Common Stock on June 1, 2026. He exercised restricted stock units (RSUs), converting them into common shares, and had shares withheld to cover tax obligations.
O'Hare acquired 16,416 shares of Class A Common Stock through a derivative exercise and multiple RSU conversions, while 8,355 shares were disposed of at $72.91 per share to satisfy his tax liability. After these transactions, he held 18,479 shares of Class A Common Stock directly. The RSU footnotes describe ongoing vesting schedules tied to continued employment.
Affirm Holdings President Libor Michalek reported routine equity compensation activity involving Class A Common Stock and restricted stock units (RSUs). On June 1, 2026, he exercised RSUs to acquire 11,363 shares of Class A Common Stock, at a stated price of $0.00 per share.
To cover related tax obligations on vested RSU shares, 5,783 shares were withheld at $72.91 per share, a non‑market, tax‑withholding disposition rather than an open‑market sale. Following these transactions, Michalek holds 222,604 Class A shares directly and 868,114 Class A shares indirectly through the Michalek 2007 Family Trust, and continues to hold multiple RSU awards that vest over time subject to continued service.
Affirm Holdings, Inc. Chief Legal Officer Katherine Adkins reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 1, 2026, RSUs converted into 10,590 shares of Class A Common Stock, with 4,793 shares withheld to cover tax obligations tied to the vesting.
Following these transactions, Adkins directly holds 145,106 shares of Class A Common Stock and 25,429 restricted stock units. The RSUs vest in equal monthly or quarterly installments over multi‑year periods, contingent on her continued service with Affirm.
Affirm Holdings, Inc. Chief Accounting Officer Jiyane Siphelele reported compensation-related share activity tied to restricted stock units on June 1, 2026. Siphelele acquired 11,547 shares of Class A Common Stock through the settlement of vested restricted stock units, with 4,546 shares withheld at a price of $72.91 per share to cover tax obligations rather than sold in the open market. Each restricted stock unit represents a right to receive one share of Class A Common Stock, and the various RSU grants vest in equal quarterly installments over one- to three-year periods beginning on dates between September 1, 2023 and September 1, 2025, subject to continued employment. The filing also notes 361 shares previously purchased through the company’s employee stock purchase plan, underscoring that the reported transactions are primarily routine equity compensation and tax withholding events.
Affirm Holdings director Noel Bertram Watson sold shares under a pre-set plan. On the reported date, he completed an open-market sale of 2,000 shares of Class A Common Stock at a price of $65.00 per share. After this transaction, he directly owned 36,076 shares. The filing notes the sale was executed pursuant to a Rule 10b5-1 trading plan adopted in advance, indicating the timing was pre-arranged rather than discretionary.
Affirm Holdings, Inc. reported a Rule 144 notice of sale by an affiliate indicating 4,000 Restricted Stock Units are listed for disposition. The filing shows 2,000 shares sold on 04/14/2026 under a 10b5-1 plan for $110,000. Shares outstanding were 294,357,801 as of 05/13/2026.
Affirm Holdings, Inc. ownership disclosure: Morgan Stanley and Morgan Stanley Investment Management Inc. reported beneficial ownership in Class A Common Stock via an Amendment No. 4 to a Schedule 13G/A.
The filing shows Morgan Stanley reporting 20,737,156 shares with 7.1% of the class and Morgan Stanley Investment Management Inc. reporting 19,597,145 shares with 6.7%. The cover notes these amounts reflect securities held by aggregated "MS Reporting Units" under Release No. 34-39538. Signatures are dated 05/11/2026.
Affirm Holdings, Inc. reported strong growth and a return to solid profitability for the quarter ended March 31, 2026. Total revenue, net rose to $1,038,765 thousand from $783,135 thousand a year earlier, driven by higher interest income, merchant network revenue, and gains on loan sales.
Quarterly net income improved to $102,900 thousand from $2,804 thousand, with diluted earnings per share of $0.30 versus $0.01. For the nine-month period, revenue reached $3,095,122 thousand and net income was $313,180 thousand, compared with a loss in the prior year.
Loans held for investment expanded to $8,572,972 thousand, and the allowance for credit losses increased to $512,314 thousand as Affirm supported a larger loan portfolio. Total assets were $13,141,580 thousand, funded largely by $5,327,589 thousand of notes issued by securitization trusts and $2,417,705 thousand of funding debt. Cash and cash equivalents were $1,723,413 thousand, and total stockholders’ equity rose to $3,783,410 thousand, reflecting accumulated profits and additional paid-in capital.
Affirm Holdings reported fiscal third-quarter 2026 results with rapid growth and improved profitability. Gross Merchandise Volume reached $11.6 billion, up 35%, while total revenue grew 33% to $1,038.8 million. Revenue Less Transaction Costs was $498.2 million, up 41% and equal to 4.3% of GMV.
The company generated $88.4 million in operating income, an 8.5% margin versus a prior-year loss, and net income of $102.9 million. Adjusted operating income rose to $280.8 million with a 27.0% adjusted margin. Active consumers increased to 26.8 million, active merchants to 515 thousand, and Card GMV to $2.1 billion with 4.4 million active cardholders.
Credit metrics remained stable, with 30+ day delinquencies on monthly installment loans ex-Peloton at 2.8% and allowance for credit losses at 6.0% of loans held for investment. Funding capacity reached $28.2 billion, supporting an estimated GMV of more than $65.0 billion. For fiscal Q4 2026, Affirm guides GMV of $13.15–$13.45 billion, revenue of $1,080–$1,110 million, RLTC of $535–$550 million, and operating margin of 9.5–11.5%. Full-year 2026 guidance calls for GMV of $49.265–$49.565 billion, revenue of $4,175–$4,205 million, RLTC of $2,031–$2,046 million, and operating margin of 8.9–9.4%, with adjusted operating margin of 28.2–28.8%.