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Affirm Soars: Q1 Earnings Up 34%, Stock Jumps 10%

11/7/2025

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Summary

Story summary

Affirm Holdings (AFRM) reported fiscal Q1 earnings of $0.23 per share, reversing a $0.31 loss from last year.
Revenue rose 34% to $933 million.
Gross merchandise volume increased 42% to $10.8 billion, aided by a new debit card.
Affirm stock rose 10% after the announcement.
Affirm maintains partnerships with Amazon and Shopify and expects a potential Apple collaboration in 2026.

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Story summary

Affirm Holdings (AFRM) reported fiscal Q1 earnings of $0.23 per share, reversing a $0.31 loss from last year.
Revenue rose 34% to $933 million.
Gross merchandise volume increased 42% to $10.8 billion, aided by a new debit card.
Affirm stock rose 10% after the announcement.
Affirm maintains partnerships with Amazon and Shopify and expects a potential Apple collaboration in 2026.