---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-23-000015"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:17:36.391709+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Affirm Q4 FY2023 GMV $5.5B (+25% YoY), achieves adjusted operating income profitability

## Summary
- GMV $5.5B (+25% YoY); Total Revenue $446M (+22% YoY), 8.1% of GMV.
- Revenue Less Transaction Costs (RLTC) $182M (-1% YoY), 3.3% of GMV.
- Credit improved: 30+ day delinquency rate (ex-Peloton, Pay in 4) down 30bp vs FQ3'23 and FQ4'22.
- Frequency 3.9 transactions/active consumer, +30% YoY.
- Exceeded outlook on all key metrics; exited FY2023 profitable on adjusted operating income basis.

## SEC filing metadata
- accession: 0001820953-23-000015
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2023-08-24T23:59:59+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/1820953/000182095323000015/0001820953-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095323000015/afrm-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-23-000015
- JSON: https://secwatch.observer/filing/0001820953-23-000015.json
- Plain text: https://secwatch.observer/filing/0001820953-23-000015.txt

## Key facts
- Earnings Releases
  Affirm Holdings, Inc. reported financial results for fourth fiscal quarter ended June 30, 2023.
  - Period: fourth fiscal quarter ended June 30, 2023
  - Result: reported results
  source text: Item 2.02. Results of Operations and Financial Condition. On August 24, 2023, Affirm Holdings, Inc. (the "Company") issued a Shareholder Letter (the "Letter") regarding its financial results for the fourth fiscal quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095323000015/0001820953-23-000015-index.htm

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