How has AFRM's operating income trended over the past year?

Affirm Holdings' operating income has experienced a significant decline over the past year. The annual operating income for 2024 was $-0.616 billion, representing a 48.72% decrease from the previous year's $-1.201 billion. This decline is consistent with the overall trend of Affirm Holdings' financial performance, which has been marked by negative earnings and declines in revenue and gross profit. The company's operating income for the quarter ending September 30, 2024, was $-0.133 billion, indicating a 36.68% year-over-year decline. The twelve-month operating income ending September 30, 2024, was $-0.539 billion, a 51.99% decrease year-over-year.

1. **Significant Decline in Operating Income**: Affirm Holdings' operating income has declined by 48.72% from 2023 to 2024, reaching -$0.616 billion.
2. **Consistent Trend of Financial Decline**: This decline is part of a broader trend of negative earnings and decreasing revenue and gross profit for Affirm Holdings.

Overall, Affirm Holdings has faced a challenging period, and its operating income has been negatively impacted. The company's financial performance is likely to be closely watched by investors as it navigates these difficult conditions.