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# Affirm Posts FY2025 Net Revenue of $3.2 Billion and First-Ever Annual GAAP Profit
- URL: https://www.theglobalbanker.com/affirm-fy2025-net-revenue-3-2-billion-first-annual-gaap-profit/
- Published: 2025-08-28T20:30:00.000Z
- Updated: 2026-10-02T14:09:49.000Z
- Description: US buy-now-pay-later firm Affirm reported FY2025 net revenue of approximately $3.2 billion, up 38.8%, and recorded its first-ever annual GAAP net income of $52 million.
- Author: TGB Editorial Team
- Tags: Fintech, Americas, #archive

Affirm Holdings reported that net revenue for its fiscal year 2025 reached approximately $3.2 billion, representing growth of 38.8% compared with the prior year. The San Francisco-based buy-now-pay-later company also recorded its first-ever annual profit under generally accepted accounting principles, posting net income of $52 million for the full fiscal year.

Affirm had reported annual net losses since its initial public offering in January 2021\. 

#### MERCHANT PARTNERSHIPS

Affirm's merchant integrations include partnerships with Apple Pay, Amazon and Shopify. 

Affirm's revenue model combines merchant fees and interest income from consumer loans.

#### PROFITABILITY

Management called profitability 'a point in the journey, not the destination', having reached GAAP operating-income profitability in the fourth fiscal quarter as promised a year earlier.