Affirm Reports Most Profitable Quarter Ever, Promotes Executives

Earnings
โดย The Motley Fool·US·Read original
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Affirm Holdings reported its most profitable quarter ever in fiscal Q4 2026, even without a tax allowance release, and announced the promotions of Pat Suh to SVP and GM of Global Markets and Michael Linford to President. CEO Max Levchin said the core business is thriving and that he will focus on developing next-generation products and services. The company highlighted strong growth in Pay-in-X, with a 41% increase, and noted that its Affirm Card transactions are 30% offline. Management expressed confidence in the U.K. market and discussed ongoing initiatives such as Affirm Edge and the Affirm Money Account. CFO Rob O'Hare provided guidance for fiscal 2027, expecting a GAAP tax rate in the mid- to high 20% range and consistent revenue less transaction costs.

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