Affirm Holdings Management
Management criteria checks 3/4
Affirm Holdings' CEO is Max Levchin, appointed in Jan 2012, has a tenure of 13.58 years. total yearly compensation is $519.92K, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 5.23% of the company’s shares, worth $1.23B. The average tenure of the management team and the board of directors is 2.1 years and 4.3 years respectively.
Key information
Max Levchin
Chief executive officer
US$519.9k
Total compensation
| CEO salary percentage | 7.23% |
| CEO tenure | 13.6yrs |
| CEO ownership | 5.2% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Affirm: Set For A Breakout (Rating Upgrade)
Jun 25Revenues Tell The Story For Affirm Holdings, Inc. (NASDAQ:AFRM) As Its Stock Soars 31%
Jun 20
Revenues Tell The Story For Affirm Holdings, Inc. (NASDAQ:AFRM) As Its Stock Soars 46%
May 04
0% APR Loans And AI Will Redefine Consumer Lending
Expanding 0% APR loans and consumer network aims to boost customer base and transaction volumes, fostering revenue and GMV growth.Affirm: What Does Losing Walmart Mean For Affirm?
Mar 28Affirm: Rating Upgrade With GAAP Profitability Imminent
Mar 10Affirm Holdings, Inc. (NASDAQ:AFRM) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing
Mar 09Affirm Holdings Q2: A Perfect Time To Take Profits (Rating Downgrade)
Feb 07Affirm: Minimal Gains Expected From Here (Technical Analysis)
Jan 15Affirm: Big Bull For 2025
Jan 08Affirm: Wait Now, Buy Later
Dec 07Affirm Holdings Could Be Set For A Breakout
Nov 19After Leaping 26% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar
Nov 17US$48.57 - That's What Analysts Think Affirm Holdings, Inc. (NASDAQ:AFRM) Is Worth After These Results
Nov 10Affirm: Look Beyond Next Earnings Release
Nov 05Affirm: Still A Prime BNPL Player After A Moderate Pullback
Oct 22Affirm Holdings Is A Buy (Technical Analysis)
Sep 17After Leaping 71% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar
Sep 02Affirm: Unnecessary Focus On GAAP Profits
Aug 29Affirm Holdings: Undervalued With Potential For Re-Rating And Long-Term Growth
Jun 20Affirm: Significant Upside Potential, Growing Adoption With Expanding Merchants And Profitability
May 23Affirm: More Room To Grow In A Favorable BNPL Landscape
May 16Affirm: Acceleration Across The Board
Apr 18Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock
Apr 06Affirm Holdings: Get In Before The Fed Cuts
Mar 07Affirm: The Recent Inflection In The Business Is Under-Appreciated
Jan 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$62m |
| Dec 31 2024 | n/a | n/a | -US$199m |
| Sep 30 2024 | n/a | n/a | -US$446m |
| Jun 30 2024 | US$520k | US$38k | -US$518m |
| Mar 31 2024 | n/a | n/a | -US$679m |
| Dec 31 2023 | n/a | n/a | -US$750m |
| Sep 30 2023 | n/a | n/a | -US$906m |
| Jun 30 2023 | US$410k | US$35k | -US$985m |
| Mar 31 2023 | n/a | n/a | -US$966m |
| Dec 31 2022 | n/a | n/a | -US$815m |
| Sep 30 2022 | n/a | n/a | -US$652m |
| Jun 30 2022 | US$478k | US$29k | -US$707m |
| Mar 31 2022 | n/a | n/a | -US$644m |
| Dec 31 2021 | n/a | n/a | -US$877m |
| Sep 30 2021 | n/a | n/a | -US$744m |
| Jun 30 2021 | US$451m | US$10k | -US$441m |
| Mar 31 2021 | n/a | n/a | -US$283m |
| Dec 31 2020 | n/a | n/a | -US$81m |
| Sep 30 2020 | n/a | n/a | -US$99m |
| Jun 30 2020 | US$10k | US$10k | -US$113m |
Compensation vs Market: Max's total compensation ($USD519.92K) is below average for companies of similar size in the US market ($USD13.81M).
Compensation vs Earnings: Max's compensation has increased whilst the company is unprofitable.
CEO
Max Levchin (49 yo)
Mr. Max Roth Levchin serves as Advisor at FinRegLab, Inc. He serves as Founder, President & Chairman at Hard Valuable Fun. He served as CEO at the firm. He founded Affirm, Inc. in 2013 and serves as its Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.6yrs | US$519.92k | 5.23% $ 1.2b | |
| President & Director | 2.7yrs | US$8.34m | 0.60% $ 140.7m | |
| Chief Operating Officer | less than a year | US$8.34m | 0.034% $ 8.0m | |
| Chief Legal & Compliance Officer and Secretary | 4.1yrs | US$4.56m | 0.035% $ 8.3m | |
| Chief Financial Officer | less than a year | no data | 0% $ 0 | |
| Chief Accounting Officer | 1.6yrs | no data | 0.075% $ 17.7m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Capital Officer | no data | no data | no data | |
| Chief Revenue Officer | no data | no data | no data | |
| Senior Vice President of Revenue | no data | no data | no data | |
| Senior Vice President of Engineering | no data | no data | no data |
Experienced Management: AFRM's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.6yrs | US$519.92k | 5.23% $ 1.2b | |
| President & Director | 4.3yrs | US$8.34m | 0.60% $ 140.7m | |
| Non-Independent Director | 4.6yrs | US$253.96k | 0.013% $ 3.0m | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 12.6yrs | US$267.96k | 0.096% $ 22.5m | |
| Lead Independent Director | 7.6yrs | US$278.96k | 0.079% $ 18.6m | |
| Independent Director | 1.8yrs | US$741.57k | no data | |
| Independent Director | 2.9yrs | US$257.47k | 0.0081% $ 1.9m |
Experienced Board: AFRM's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/12 10:30 |
| End of Day Share Price | 2025/08/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Affirm Holdings, Inc. is covered by 42 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| James Fotheringham | BMO Capital Markets Equity Research |
| Rufus Hone | BMO Capital Markets Equity Research |