Affirm Holdings Soars 16.33% on Earnings Beat

On August 29, 2025, Affirm Holdings' stock surged by 16.33% in pre-market trading, driven by strong earnings performance and a return to profitability.

Affirm Holdings reported fiscal Q4 earnings that exceeded expectations, with revenue increasing by 33% year-over-year to $876.4 million. The company's gross merchandise volume (GMV) grew by 43% to $10.4 billion, reflecting strong user engagement and merchant expansion. Affirm's disciplined cost management contributed to its operating profitability, with revenue less transaction costs rising by 37% to $425 million.

For the first quarter of fiscal 2026, Affirm guided revenue between $855 million and $885 million, with GMV projected to remain robust at $10.10 billion to $10.40 billion. The company's positive outlook and strong financial performance have bolstered investor confidence, contributing to the stock's recent gains.