Company: AFRM
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001820953-25-000080
Chunk: 152

Company: Affirm Holdings, Inc.
Filing Date: 2025-08-28
Form: 10-K
Item: Item 8
Chunk 152
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 shares authorized, 267,305,456 shares issued and outstanding as of June 30, 20242 2     Class B common stock, par value $0.00001 per share: 140,000,000 shares authorized, 40,734,234 shares issued and outstanding as of June 30, 2025; 140,000,000 authorized, 43,747,575 shares issued and outstanding as of June 30, 20241 1 Additional paid in capital6,140,893 5,862,555 Accumulated deficit(3,056,818)(3,109,004)Accumulated other comprehensive loss(15,069)(21,565)Total stockholders’ equity3,069,009 2,731,989 Total liabilities and stockholders’ equity $11,154,929 $9,519,619 

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

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Table of Contents

AFFIRM HOLDINGS, INC.

CONSOLIDATED BALANCE SHEETS, CONT. 

(in thousands, except shares and per share amounts)

    The following table presents the assets and liabilities of consolidated variable interest entities (“VIEs”), which are included in the consolidated balance sheets above. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The liabilities in the table below include liabilities for which creditors do not have recourse to the general credit of the Company. Additionally, the assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs only and exclude intercompany balances that eliminate upon consolidation.

June 30, 2025June 30, 2024Assets of consolidated VIEs, included in total assets aboveRestricted cash$192,638 $145,829 Loans held for investment6,828,758 5,461,660 Allowance for credit losses(365,656)(242,991)Loans held for investment, net6,463,101 5,218,669 Accounts receivable, net3,032 2,961 Other assets2,558 10,676 Total assets of consolidated VIEs$6,661,329 $5,378,135 Liabilities of consolidated VIEs, included in total liabilities aboveAccounts payable$2,833 $2,830 Accrued interest payable23,998