Affirm Holdings, Inc. (AFRM), a California-based payment network operator, Friday reported profit for the fourth quarter, backed by 33 percent revenue growth. The firm also issued revenue guidance for the first quarter of 2026.
Net income moved to $69.24 million from a loss of $45.14 million a year ago.
On a dilution basis, the earnings per share amounted to $0.20 from a loss of $0.14 per share a year ago.
Total revenue increased to $876.42 million from $659.19 million a year ago.
GMV improved by 43 percent to $10.4 billion from $7.2 billion a year ago.
The active customers increased by 24% to 23 million from 18.6 million a year ago.
Looking forward, the company expects revenue in the range of $855 million to $885 million for the first quarter.
On average, analysts anticipate revenue of $1.05 billion for the same quarter.
In the pre-market hours, Affirm's stock is moving up 14.45 percent, to $91.55 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.