Company: AFRM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050295
Chunk: 5

Company: Affirm Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 net138,862 41,117 Other assets30,955 (6,833)Accounts payable(24,801)16,543 Payable to third-party loan buyers(17,910)(7,608)Accrued interest payable1,621 846 Accrued expenses and other liabilities(3,586)(23,755)Net cash provided by operating activities374,572 196,867 Cash flows from investing activitiesPurchases and origination of loans held for investment(9,797,362)(6,388,350)Proceeds from the sale of loans held for investment4,282,839 1,630,671 Principal repayments and other loan servicing activity5,359,253 4,132,682 Additions to property, equipment and software(54,365)(44,152)Purchases of securities available for sale(146,462)(136,727)Proceeds from maturities and repayments of securities available for sale216,425 215,680 Other investing inflows61 36,197 Other investing outflows— (21,000)Net cash used in investing activities(139,611)(574,999)Cash flows from financing activitiesProceeds from the issuance of funding debt7,980,435 3,188,998 Proceeds from issuance of notes and certificates by securitization trust1,100,000 750,000 Principal repayments of funding debt(7,818,589)(3,289,384)Principal repayments of notes issued by securitization trust(1,100,000)— Payment of debt issuance costs(9,466)(4,321)Extinguishment of convertible debt(24,814)(120,056)Proceeds from exercise of common stock options and warrants and contributions to ESPP94,828 3,596 Taxes paid related to net share settlement of equity awards(112,307)(63,208)Net cash provided by financing activities110,086 465,625 Effect of exchange rate changes on cash, cash equivalents and restricted cash(3,861)1,730 Net increase in cash, cash equivalents and restricted cash341,187 89,223 Cash, cash equivalents and restricted cash, beginning of period1,756,423 1,295,399 Cash, cash equivalents and restricted cash, end of period$2,097,610 $1,384,622