---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-24-000058"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:46:45.332545+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Affirm beats FQ1'25 guidance: GMV $7.6B (+35%), rev $698M (+41%), appoints new CFO

## Summary
- Revenue +41% YoY to $698M; Adjusted Operating Income +$70M to $130M; Operating loss narrowed $77M to $133M.
- GMV grew 35% YoY to $7.6B; active consumers +11% YoY; transactions per active consumer hit 5.1.
- RLTC as % of GMV was 3.8%, within target; Net loss improved $72M to $100M.
- Rob O'Hare appointed CFO effective Nov 8, 2024; succeeds Michael Linford who remains COO.
- Board authorized up to $500M repurchase of 0% convertible notes due 2026, starting Jan 1, 2025.

## SEC filing metadata
- accession: 0001820953-24-000058
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000058/0001820953-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000058/afrm-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-24-000058
- JSON: https://secwatch.observer/filing/0001820953-24-000058.json
- Plain text: https://secwatch.observer/filing/0001820953-24-000058.txt

## Key facts
- Executive change
  Rob O'Hare was appointed as Chief Financial Officer at Affirm Holdings, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On November 5, 2024, the Board of Directors of the Company appointed Rob O’Hare as the Company’s Chief Financial Officer effective November 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000058/0001820953-24-000058-index.htm
- Executive change
  Michael Linford changed role as Chief Operating Officer at Affirm Holdings, Inc..
  - Role: Chief Operating Officer
  source text: Mr. O’Hare will succeed Michael Linford, who will continue to serve as the Company’s Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000058/0001820953-24-000058-index.htm

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