Overview

• Fiscal Q4 earnings topped estimates with EPS of $0.20 versus $0.11 expected and revenue of $876 million versus $837 million, up 33% year over year.
• Net income reached $69.2 million as the company logged its first quarter of operating income profitability since its 2021 IPO.
• Gross merchandise volume rose 43% to a record $10.4 billion, and Q1 guidance calls for revenue of $855 million to $885 million and GMV of $10.1 billion to $10.4 billion.
• Shares jumped roughly 15% to 17% in extended and early Friday trading following the results and outlook.
• Affirm underscored partnerships with Amazon, Shopify and Apple as it faces tougher competition, including Walmart’s switch to Klarna, with the CEO citing strong consumer repayment trends and highlighting growth from the Affirm Card and new AI tools.