Company: AFRM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050295
Chunk: 60

Company: Affirm Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 60
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54

16.   Net Income (Loss) per Share Attributable to Common Stockholders

The following table presents basic and diluted net income (loss) per share attributable to common stockholders for Class A and Class B common stock (in thousands, except share and per share data):Three Months Ended September 30,20252024Class AClass BClass AClass BNumerator:Net income (loss) attributable to common stockholders - basic$70,741 $9,953 $(86,570)$(13,652)Net income (loss) attributable to common stockholders - diluted$71,257 $9,437 $(86,570)$(13,652)Denominator:Weighted average shares of common stock - basic289,507,745 40,730,460 274,886,393 43,348,162 Dilutive effect of stock equivalents:Restricted stock units8,022,382 — — — Stock options, including early exercise of options8,664,133 — — — Value creation award vested shares1,312,716 — — — Employee stock purchase plan shares40,967 — — — Weighted average shares of common stock - diluted307,547,943 40,730,460 274,886,393 43,348,162 Net income (loss) per share:Basic$0.24 $0.24 $(0.31)$(0.31)Diluted$0.23 $0.23 $(0.31)$(0.31)The following common stock equivalents were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders because their inclusion would have been anti-dilutive:Three Months Ended September 30,20252024Common stock warrants7,840,727 5,734,551 Restricted stock units4,962,779 24,352,160 Stock options, including early exercise of options131,859 17,011,341 Employee stock purchase plan shares— 210,893 Total12,935,365 47,308,945 

17.  Segment Information

The Company is managed on a consolidated basis as a single operating and reportable segment. This reflects the way in which our Chief Operating Decision Maker (“CODM”), the Chief Executive Officer of Affirm Holdings, Inc., regularly reviews internally