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Affirm CEO: Profits will be the name of the game from now on
AffirmAffirm(US:AFRM) Yahoo Finance·2025-09-11 00:12

After years of investments that have weighed on the bottom line, Affirm (AFRM) looks poised to enter a profitable future. In its latest quarter, gross merchandise volume (GMV) rose 43% from the prior year to 10.4billion.Revenueincreased3310.4 billion. Revenue increased 33% to 876 million. The company attained operating profits for the first time, as CEO Max Levchin has consistently said would happen. New products, such as the Affirm card, saw gross merchandise volume gain 132% to $1.2 billion. The number of active cardholders incre ...