8-KEarnings & ResultsExhibits & Filings

Affirm Holdings, Inc. 8-K Report, Financial Results (Feb 6, 2025)

Filed February 6, 2025For Securities:AFRM

Summary

Affirm Holdings, Inc. (AFRM) has filed an 8-K reporting its financial results for the second fiscal quarter ended December 31, 2024. The company released a Shareholder Letter detailing these results, which includes both GAAP and non-GAAP financial measures. Investors should refer to the Shareholder Letter (Exhibit 99.1) for a comprehensive understanding of the company's performance and financial condition during the quarter. Reconciliations for non-GAAP measures to their GAAP counterparts are also provided within the Letter. While the 8-K itself is procedural, the attached Shareholder Letter is the primary source of investor-relevant information. Key metrics concerning revenue, profitability, loan origination volume, credit quality, and forward-looking guidance are expected to be discussed in the Letter. Investors are encouraged to review the Letter for details on Affirm's operational progress and strategic initiatives for the remainder of the fiscal year.

Key Highlights

  • 1Affirm Holdings, Inc. reported its Q2 fiscal year 2025 financial results on February 6, 2025.
  • 2The results are detailed in a Shareholder Letter (Exhibit 99.1) filed with the SEC.
  • 3The report includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures.
  • 4Reconciliations of non-GAAP to GAAP financial measures are available within the Shareholder Letter.
  • 5The filing incorporates by reference the information contained in the Shareholder Letter.
  • 6This 8-K filing is primarily an informational update on financial performance.
  • 7Investors should consult the Shareholder Letter for detailed operational and financial insights.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and provide access to Affirm Holdings, Inc.'s financial results for the second fiscal quarter ended December 31, 2024, through its Shareholder Letter.

The detailed financial results, including discussions of performance and reconciliations of non-GAAP measures, are located in the Shareholder Letter, which is filed as Exhibit 99.1 to this 8-K.

No, the information in this Item 2.02 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section.

Investors should look for key performance indicators such as revenue growth, net interest income, provision for credit losses, adjusted EBITDA, loan growth (GMV), merchant adoption, customer acquisition costs, and any forward-looking guidance provided by the company for upcoming periods.