Affirm Holdings, Inc.
NASDAQ•AFRM
執行長: Mr. Max Roth Levchin
板塊: Technology
行業: Software - Infrastructure
上市日期: 2021-01-13
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. The company has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. Its merchants represent a range of industries, including sporting goods and outdoors, home and lifestyle, travel and ticketing, electronics, fashion and beauty, equipment and auto, and general merchandise. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.
聯絡資訊
市值
$15.62B
本益比 (TTM)
55.5
44.5
股息率
--
52周最高
$100.00
52周最低
$30.90
52周範圍
排名65Top 96.0%
1.6
F-Score
改良版 Piotroski 分析
基於 7 年期基本面
疲弱 • 1.6 / 9 分
評分區間 (0-9)
8-9: 價值優異
6-7: 基本面強勁
4-5: 整體穩健
0-3: 表現疲弱
資料區間: 2019-2025
財務儀表板
Q2 2026 數據
營業收入
$1.12B+0.00%
近4季度走勢
每股收益
$0.39+0.00%
近4季度走勢
自由現金流
$118.03M+0.00%
近4季度走勢
2026 Q2 財報亮點
核心亮點
Strong Quarterly Revenue Growth Total net revenue reached $1.123 B for the three months ended December 31, 2025, marking a substantial 30% increase.
Net Income Jumps 61% Net income for the quarter was $129.6 M, showing a significant 61% improvement compared to $80.4 M last year.
GMV Growth Accelerates Quarterly GMV hit $13.8 B, increasing 36% versus prior year, driven by top merchants and Affirm Card adoption.
Active Consumer Base Expands Active consumers grew 23% to 25.8 million as of December 31, 2025, indicating strong network adoption.
關注風險
Credit Loss Provision Rises Provision for credit losses increased 40% to $214.2 M for the quarter, reflecting higher expected lifetime losses.
Operating Expenses Increase Total operating expenses grew 15% to $1.005 B, driven by higher provision and technology investments.
Macroeconomic Uncertainty Persists Continued inflation and interest rate volatility may negatively impact consumer spending and loan repayment performance.
Legal Proceedings Exposure Ongoing legal claims, including appeals, require management resources and present unquantifiable financial uncertainty.
未來展望
Bank Charter Application Filed Submitted application for Affirm Bank subsidiary in Nevada, aiming for enhanced funding flexibility and diversification.
Valuation Allowance Release Expected Expect potential release of domestic deferred tax valuation allowance within FY2026 based on improved earnings trends.
Warrant Expense Normalization Amazon warrant expense decreased significantly as vesting completed, easing pressure on sales and marketing costs.
Focus on Network Expansion Strategy centers on expanding merchant base and platform partnerships to sustain consumer engagement and transaction growth.
同行對比
營業收入 (TTM)
$6.15B
$4.53B
$3.72B
毛利率 (最新季度)
88.5%
87.4%
85.1%
關鍵指標
股票代碼 | 市值 | 本益比 (TTM) | 股東權益報酬率 (TTM) | 負債率 |
|---|---|---|---|---|
| CPAY | $22.21B | 20.6 | 27.9% | 38.3% |
| VRSN | $22.12B | 26.7 | -40.4% | 135.6% |
| MDB | $20.97B | -297.6 | -2.4% | 0.9% |
長期趨勢
近4季度
營業收入
淨利
營運現金流
4季度營業收入複合增長率
12.8%
穩定增長
4季度淨利複合增長率
258.9%
盈利能力大幅提升
現金流穩定性
100%
現金流表現優異
深度研究
下次財報:2026年5月6日
每股收益:-
|營業收入:-
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