---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-23-000011"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:48:22.515473+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Affirm beats Q3 FY23 guidance: GMV $4.6B, revenue $381M, RLTC $167M

## Summary
- GMV of $4.6B exceeded outlook of $4.4-4.5B.
- Revenue $381M above guidance range of $360-380M.
- Revenue Less Transaction Costs $167M vs $140-150M outlook.
- Credit improved; delinquencies ex-Peloton & Pay in 4 fell to 2.5% sequentially.
- Travel/ticketing up 62% YoY; active consumers 16.0M (+26% YoY).

## SEC filing metadata
- accession: 0001820953-23-000011
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095323000011/0001820953-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095323000011/afrm-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-23-000011
- JSON: https://secwatch.observer/filing/0001820953-23-000011.json
- Plain text: https://secwatch.observer/filing/0001820953-23-000011.txt

## Key facts
- Earnings Releases
  Affirm Holdings, Inc. reported third fiscal quarter ended March 31, 2023 results: revenue $381 million.
  - Period: third fiscal quarter ended March 31, 2023
  - Revenue: $381 million
  - Result: reported results
  source text: Affirm Shareholder Letter THIRD FISCAL QUARTER 2023 We had an excellent quarter: ● Gross Merchandise Volume was $4.6 billion (vs. $4.4-$4.5 billion outlook), ● Revenue was $381 million (vs. $360-$380 million outlook), ● Revenue Less Transaction Costs (“RLTC”) came in at $167 million (vs. $140-$150 million outlook)1, ● Transactions per active consumer grew by
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095323000011/0001820953-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.