Affirm CFO Touts 39% GMV Growth, Profit Gains and Amazon Renewal at Investor Conference

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MarketBeat

Wed, March 11, 2026 astatine 12:01 PM CDT 7 min read

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39% GMV growth and beardown profitability: Affirm said GMV grew astir 39% implicit the past 12 months and it posted astir 30% adjusted operating income successful the astir caller quarter, portion signing a five‑year renewal with Amazon and landing different merchant wins (Expedia, Intuit, Lowe’s, ServiceTitan).
Affirm Card gaining traction: the Card accounted for astir 16% of GMV, with idiosyncratic adoption and Card GMV much than doubling year‑over‑year and in‑store usage astir an bid of magnitude higher than the remainder of the business, enabling continued concern successful acquisition owed to beardown portion economics.
Credit and backing outlook: absorption described recognition trends arsenic unchangeable (96% of transactions travel from repetition borrowers) and whitethorn revisit its long‑term RLTC range, portion a pending slope exertion could adhd deposits arsenic a caller backing transmission (management estimated ~10% of backing toward the process extremity of a three‑year ramp if approved).
Interested successful Affirm Holdings, Inc.? Here are 5 stocks we similar better.

Affirm Earnings Beat Highlights Growth and Credit Concerns

Affirm (NASDAQ:AFRM) reported beardown momentum implicit the past year, highlighting some maturation and profitability gains, according to comments from CFO Rob O’Hare during a caller capitalist discussion. O’Hare said the institution grew gross merchandise measurement (GMV) astir 39% implicit the past 12 months and posted “30% adjusted operating income” successful its astir caller quarter, describing the show arsenic occurrence crossed “both maturation and profitability.”

Discussing the company’s fiscal 2nd 4th results released successful February, O’Hare pointed to a “great 4th financially,” emphasizing that the institution was “really arrogant of the growth” and “really arrogant of the profitability.” He besides cited a five-year renewal signed with Amazon—Affirm’s largest merchant partner—during the quarter.

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O’Hare besides highlighted renewals and caller partnerships, including a renewal with Expedia and caller relationships with Intuit, Lowe’s, and ServiceTitan. He said Affirm’s worth proposition for merchants is progressively tied to its user network, noting the institution has “not rather 26 cardinal progressive consumers” implicit the past year.

He added that Affirm’s indebtedness merchandise breadth is simply a differentiator, with astir two-thirds of measurement successful monthly interest-bearing loans. That mix, helium said, gives Affirm flexibility successful structuring merchant programs astir objectives similar outgo of acceptance and conversion. O’Hare besides said mean bid values connected Affirm programs tin beryllium “multiples” of what merchants spot extracurricular the Affirm offering.

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