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Morningstar

Morningstar

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Nov 05, 2026

Affirm Holdings, Inc.: Affirm Earnings: Net Income Doubles on Margin Expansion and Strong Volume

Symbols

AFRM

Sector(s)

Financial Services

Rating

Current Price

68.11

Fair Value

Economic Moat

Stewardship

Summary

Founded in 2012, Affirm is a market leader in the buy now, pay later space with around $36 billion in transaction volume in fiscal 2025. Affirm offers both zero-interest financing, which is merchant-subsidized, and interest-bearing loans, which function as personal loans that are

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