{
  "id": 18380326,
  "title": "Affirm delivers quarterly results and guidance beat, raises full-year GMV outlook",
  "url": "https://urgent.news/2026/11/05/affirm-delivers-quarterly-results-and-guidance-beat-raises-full-year",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-11-05T21:50:16.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/affirm-delivers-quarterly-results-and-guidance-beat-raises-fullyear-gmv-outlook-5005693"
  },
  "original_language": "en",
  "account": "Affirm, a San Francisco-based buy now, pay later company, reported better-than-expected quarterly results and raised its full-year gross merchandise volume (GMV) outlook. For the first quarter of 2027, the company earned 47 cents per share on $1.26 billion in revenue, surpassing analysts' expectations of 38 cents per share on $1.21 billion in revenue. GMV grew by 33.3% year-over-year to $14.4 billion, with total transactions increasing 34% year-over-year to 56 million. Active consumers grew 19% year-over-year to 28.7 million as of September 30, 2026, while active merchant count rose 48% year-over-year to 621,000. Merchant count growth was driven by strategic partnerships, including a wallet partnership, success with independent software vendors (ISV) partners, and an international expansion into Canada and the UK, which accounted for roughly 20% of the quarter-over-quarter increase. For the second quarter of 2027, Affirm expects GMV of $17.9 billion to $18.2 billion and revenue of $1.435 billion to $1.465 billion, slightly exceeding the consensus estimate of $1.43 billion in revenue. For the fiscal year 2027, Affirm anticipates GMV to exceed $65.25 billion, up from its previous outlook of over $64 billion, with revenue projected to remain similar to the previous fiscal year as a percentage of GMV, around 8.49%.",
  "summary": null,
  "key_points": [
    "Affirm beats quarterly earnings with $1.26B revenue and $0.47/share profit",
    "GMV grows 33.3% YoY to $14.4B, transactions up 34% YoY to 56M",
    "Full-year outlook raises GMV to >$65.25B, revenue similar to prior year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}