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Affirm Holdings (AFRM) Merchant network revenue revenue by quarter

Affirm Holdings' Merchant network revenue revenue was $297M in Q1 FY27 (first quarter fiscal 2027), -2% from Q4 FY26. Over the last 7 quarters it ranged from $214M (Q3 FY25) to $328M (Q2 FY26).

Affirm Holdings Merchant network revenue revenue by quarterAffirm Holdings Merchant network revenue revenue by quarter$214MQ3 FY25$239MQ4 FY25$251MQ1 FY26$328MQ2 FY26$268MQ3 FY26$302MQ4 FY26$297MQ1 FY27
QuarterMerchant network revenue revenueQ/QY/Y
Q1 FY27$297M-2%+18%
Q4 FY26$302M+13%+26%
Q3 FY26$268M-18%+25%
Q2 FY26$328M+31%—
Q1 FY26$251M+5%—
Q4 FY25$239M+12%—
Q3 FY25$214M——

Q1 FY27 at a glance

Affirm Holdings, Q1 FY27: revenue $1.3B (+35% year over year), operating margin 14.8%, net earnings $164M, operating cash flow $207M. The chart follows the revenue to costs, profit and cash.

Questions

What is Affirm Holdings' Merchant network revenue revenue?

Affirm Holdings' Merchant network revenue revenue was $297M in Q1 FY27 (first quarter fiscal 2027), -2% from Q4 FY26.

How has Affirm Holdings' Merchant network revenue revenue changed?

Over the last 7 quarters it ranged from $214M (Q3 FY25) to $328M (Q2 FY26).

Q1 FY27 results → · How Affirm Holdings makes money →