secwatch.observer — SEC 8-K summary
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Issuer:     Affirm Holdings, Inc. (AFRM)
CIK:        0001820953
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001820953-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affirm Q2 FY2024: GMV +32% to $7.5B, revenue +48%, adjusted operating income turns positive
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- Revenue grew 48% YoY to $591M; RLTC rose 68% to $242M (3.2% of GMV).
- Adjusted operating income of $93M versus a ($62M) loss in FQ2'23.
- GMV of $7.5B, third consecutive quarter of accelerating growth, up 32% YoY.
- Affirm Card active consumers exceeded 700K, generating ~$400M GMV; used at >1M merchant locations.
- 30+ day delinquencies were flat QoQ and YoY; funding capacity increased by $5B over past year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820953/000182095324000005/0001820953-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820953/000182095324000005/afrm-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001820953-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer