Affirm Holdings: Will Its Merchant Offers & Dynamic Optimization Be A Game Changer?

Affirm Holdings, a leader in the “buy now, pay later” (BNPL) sector, reported its financial performance for the third quarter of fiscal 2025. Here are the key highlights and considerations for an investment thesis based on the company’s recent earnings call. Affirm demonstrated growth with an optimistic outlook for the current quarter and fiscal year. This highlights management’s confidence in their strategy and execution. The company is focusing on growth opportunities with excellent credit quality and Lifetime Value (LTV) characteristics. Affirm is balancing growth and profitability as it aims for GAAP profitability. Costs are being managed carefully to ensure financial discipline.