The financials
Affirm Holdings, Inc. by the numbers
Affirm Holdings, Inc. (AFRM) reported revenue of $1.04B in Q3 2026 (quarter ended March 31, 2026), up 33% from the same quarter a year earlier. That came with net income of $103M (9.9% of revenue). For the full year FY2025, revenue was $3.22B (+39% year on year) and net income $52M. Its largest product in 2026-Q1 was Merchant Network at $268M, 80% of the disclosed total, just ahead of Virtual Card Network at 20%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.04B | $783M | +33% |
| Operating income | $88M | −$8.4M | to a profit |
| Net income | $103M | $2.8M | +3570% |
| Diluted EPS | $0.30 | $0.01 | +2900% |
| Product | Revenue | Share |
|---|---|---|
| Merchant Network | $268M | 80% |
| Virtual Card Network | $66M | 20% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $334.5M (-17%)
Merchant Network grew +25% year on yearVirtual Card Network +13% year on year
Segment Latestquarter on quarteryear on year
- Merchant Network$268.0M$268.0MQoQ -18%year on year +25%-18%+25%
- Virtual Card Network$66.5M$66.5MQoQ -9.0%year on year +13%-9.0%+13%
Credit Services
Ranks #16 of 26 by Smart Score