Company: AFRM
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001820953-25-000080
Chunk: 156

Company: Affirm Holdings, Inc.
Filing Date: 2025-08-28
Form: 10-K
Item: Item 8
Chunk 156
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 share amounts)

Common StockAdditional Paid-In CapitalAccumulated DeficitAccumulated Other Comprehensive LossTotal Stockholders' EquityShares (1)AmountBalance as of June 30, 2024311,053,031 $3 $5,862,555 $(3,109,004)$(21,565)$2,731,989 Issuance of common stock upon exercise of stock options4,479,891 — 47,104 — — 47,104 Issuance of common stock, employee share purchase plan397,246 — 13,589 — — 13,589 Issuance of common stock upon exercise of warrants3,499,453 — — — — — Repurchases of common stock(3,526,590)— (250,000)— — (250,000)Vesting of restricted stock units9,209,768 — — — — — Vesting of warrants for common stock— — 271,562 — — 271,562 Stock-based compensation— — 499,894 — — 499,894 Tax withholding on stock-based compensation— — (303,811)— — (303,811)Foreign currency translation adjustments— — — — 6,025 6,025 Unrealized gain on securities available for sale— — — — 3,297 3,297 Unrealized loss on cash flow hedges— — — — (2,826)(2,826)Net income— — — 52,186 — 52,186 Balance as of June 30, 2025325,112,799 $3 $6,140,893 $(3,056,818)$(15,069)$3,069,009 

(1)The share amounts listed above combine Class A and Class B stock.

The accompanying notes are an integral part of these consolidated financial statements.

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Table of Contents

AFFIRM HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS 

(in thousands)

June 30, 2025June 30, 2024June 30, 2023Cash flows from operating activitiesNet income (loss)$52,186 $(517,757)$(985,345)Adjustments to reconcile