Company: AFRM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050295
Chunk: 52

Company: Affirm Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 30, 2025Unobservable InputMinimumMaximumWeighted Average (1)Risk sharing assetsDiscount Rate7.13%20.00%18.08%Loss Rate3.33%4.94%4.14%Prepayment Rate19.39%21.46%20.30%Risk sharing liabilitiesDiscount Rate20.00%20.00%20.00%Loss Rate3.48%5.24%4.41%June 30, 2025Unobservable InputMinimumMaximumWeighted Average (1)Risk sharing assetsDiscount Rate20.00%20.00%20.00%Loss Rate3.32%4.91%4.13%Prepayment Rate19.84%22.89%21.34%Risk sharing liabilitiesDiscount Rate20.00%20.00%20.00%Loss Rate3.47%5.35%4.42%(1)Unobservable inputs were weighted by principal balance of loans sold under each cohort

48

The following table summarizes the effect that adverse changes in estimates would have on the fair value of the risk sharing assets and liabilities given hypothetical changes in significant unobservable inputs (in thousands):September 30, 2025June 30, 2025Risk sharing assetsPrepayment Rate assumption:Prepayment Rate decrease of 25%$(1,808)$(1,896)Prepayment Rate decrease of 50%$(3,736)$(3,923)Loss Rate assumption:Loss Rate increase of 25%$(14,633)$(15,150)Loss Rate increase of 50%$(29,971)$(30,277)Discount Rate assumption:Discount Rate increase of 25%$(1,109)$(903)Discount Rate increase of 50%$(1,789)$(1,745)Risk sharing liabilitiesLoss Rate assumption:Loss Rate increase of 25%$8,170 $16,946 Loss Rate increase of 50%$17,403 $24,676 Discount Rate assumption:Discount Rate increase of 25%$— $— Discount Rate increase of 50%$— $— Financial Assets and Liabilities Not Recorded at Fair ValueThe following table presents the fair value and our assessment of the classification of this measurement within the fair value hierarchy for financial assets and liabilities held at amortized cost as of September 30, 2025 and June 30, 2025 (in thousands):September 30