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Affirm Holdings Inc. (AFRM) Financial Factsheet - Growth, Valuation & Peers

Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Equity Bottom-Up

<ul>
<li>Affirm has turned GAAP EBIT positive for the first time in Q425 reflecting disciplined cost control and improving unit economics.</li>
<li>Revenues are on track to reach nearly $4B in FY26, driven by expanding merchant adoption and the rising contribution from the Affirm Card.</li>
<li>The stock is  pricing in sustained 25–30% growth and margin expansion as evident in its elevated valuation multiple of 40.5x 2026 P/E.</li>
</ul>


Affirm has turned GAAP EBIT positive for the first time in Q425 reflecting disciplined cost control and improving unit economics.
Revenues are on track to reach nearly $4B in FY26, driven by expanding merchant adoption and the rising contribution from the Affirm Card.
The stock is  pricing in sustained 25–30% growth and margin expansion as evident in its elevated valuation multiple of 40.5x 2026 P/E.


アファーム・ホールディングス（Nasdaq: AFRM） - 成長の加速と収益性の拡大