Company: AFRM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050295
Chunk: 53

Company: Affirm Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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, 2025Carrying AmountLevel 1Level 2Level 3Balance at Fair ValueAssets:Loans held for sale$12 $— $12 $— $12 Loans held for investment, net6,809,376 — — 7,291,039 7,291,039 Total assets$6,809,388 $— $12 $7,291,039 $7,291,051 Liabilities:Convertible senior notes, net (1)$1,127,668 $— $1,207,239 $— $1,207,239 Notes issued by securitization trusts4,830,819 — — 4,867,800 4,867,800 Funding debt (2)1,796,177 — — 1,796,438 1,796,438 Total liabilities$7,754,664 $— $1,207,239 $6,664,238 $7,871,477  

49

June 30, 2025Carrying AmountLevel 1Level 2Level 3Balance at Fair ValueAssets:Loans held for investment, net6,628,606 — — 7,085,840 7,085,840 Total assets$6,628,606 $— $— $7,085,840 $7,085,840 Liabilities:Convertible senior notes, net (1)$1,153,000 $— $1,205,287 $— $1,205,287 Notes issued by securitization trusts4,833,855 — — 4,868,980 4,868,980 Funding debt (2)1,640,514 — — 1,640,765 1,640,765 Total liabilities$7,627,369 $— $1,205,287 $6,509,745 $7,715,032 (1)As of September 30, 2025, includes convertible senior notes due 2026 with a carrying amount and fair value of $221.7 million and $210.9 million, respectively, and convertible senior notes due 2029 with a carrying amount and fair value of $906.0 million and $996.3 million