Affirm Holdings Inc (AFRM) reported better-than-expected financial results for the first quarter of fiscal 2026. The company achieved earnings per share (EPS) of $0.23, surpassing Wall Street's consensus estimate of $0.11 by $0.12. Revenue matched expectations at $0.9 billion.
This update provides insight into Affirm's operational performance and financial health. The results may reflect stronger business fundamentals than previously anticipated. The company will host an earnings conference call after market close to discuss these results and provide further commentary on its performance.
Affirm Holdings operates a platform for digital and mobile-first commerce, headquartered in San Francisco, California. The firm employs 2,206 full-time staff and went public on January 13, 2021. Its services include point-of-sale payment solutions, merchant commerce solutions, and a consumer-focused app. The Affirm app allows users to apply for a single-use virtual card and convert eligible debit transactions into installment loans.
Looking ahead, Affirm is set to report its next earnings on May 6, 2026, with EPS estimated at 0.2101 and revenue expected to reach $1.0 billion.