Affirm Holdings, Inc.

NasdaqGS:AFRM Stock Report

Market Cap: US$19.6b

Affirm Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Max Levchin

Chief executive officer

US$519.9k

Total compensation

CEO salary percentage7.2%
CEO tenure13yrs
CEO ownership5.4%
Management average tenure1.5yrs
Board average tenure4yrs

Recent management updates

Recent updates

Affirm: Wait Now, Buy Later

Dec 07

Affirm Holdings Could Be Set For A Breakout

Nov 19

After Leaping 26% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Nov 17
After Leaping 26% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

US$48.57 - That's What Analysts Think Affirm Holdings, Inc. (NASDAQ:AFRM) Is Worth After These Results

Nov 10
US$48.57 - That's What Analysts Think Affirm Holdings, Inc. (NASDAQ:AFRM) Is Worth After These Results

Affirm: Look Beyond Next Earnings Release

Nov 05

Affirm: Still A Prime BNPL Player After A Moderate Pullback

Oct 22

Affirm Holdings Is A Buy (Technical Analysis)

Sep 17

After Leaping 71% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Sep 02
After Leaping 71% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Affirm: Unnecessary Focus On GAAP Profits

Aug 29

What You Can Learn From Affirm Holdings, Inc.'s (NASDAQ:AFRM) P/S

Jul 18
What You Can Learn From Affirm Holdings, Inc.'s (NASDAQ:AFRM) P/S

Affirm Holdings: Undervalued With Potential For Re-Rating And Long-Term Growth

Jun 20

Affirm: Significant Upside Potential, Growing Adoption With Expanding Merchants And Profitability

May 23

Affirm: More Room To Grow In A Favorable BNPL Landscape

May 16

Affirm: Acceleration Across The Board

Apr 18

Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock

Apr 06

Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)

Apr 03
Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)

Affirm Holdings: Get In Before The Fed Cuts

Mar 07

Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates

Feb 10
Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates

Affirm: The Recent Inflection In The Business Is Under-Appreciated

Jan 23

Affirm, Block, Lightspeed shares lead fintech stocks higher as investors buy the dip

Sep 28

Affirm offers 'Buy Now, Pay Later' options for INTERMIX shoppers in new partnership

Sep 21

Affirm: Considering The Share Price Implosion And The Company's Opportunities

Sep 07

CEO Compensation Analysis

How has Max Levchin's remuneration changed compared to Affirm Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$446m

Jun 30 2024US$520kUS$38k

-US$518m

Mar 31 2024n/an/a

-US$679m

Dec 31 2023n/an/a

-US$750m

Sep 30 2023n/an/a

-US$906m

Jun 30 2023US$410kUS$35k

-US$985m

Mar 31 2023n/an/a

-US$966m

Dec 31 2022n/an/a

-US$815m

Sep 30 2022n/an/a

-US$652m

Jun 30 2022US$478kUS$29k

-US$707m

Mar 31 2022n/an/a

-US$644m

Dec 31 2021n/an/a

-US$877m

Sep 30 2021n/an/a

-US$744m

Jun 30 2021US$451mUS$10k

-US$441m

Mar 31 2021n/an/a

-US$283m

Dec 31 2020n/an/a

-US$81m

Sep 30 2020n/an/a

-US$99m

Jun 30 2020US$10kUS$10k

-US$113m

Compensation vs Market: Max's total compensation ($USD519.92K) is below average for companies of similar size in the US market ($USD12.87M).

Compensation vs Earnings: Max's compensation has increased whilst the company is unprofitable.

CEO

Max Levchin (48 yo)

13yrs

Tenure

US$519,920

Compensation

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

NamePositionTenureCompensationOwnership
Max Levchin
Founder13yrsUS$519.92k5.37%
$ 1.1b
Libor Michalek
President & Director2.1yrsUS$8.34m0.61%
$ 119.0m
Michael Linford
Chief Operating Officerless than a yearUS$8.34m0.027%
$ 5.3m
Katherine Adkins
Chief Legal & Compliance Officer and Secretary3.5yrsUS$4.56m0.031%
$ 6.1m
Robert O'Hare
Chief Financial Officerless than a yearno data0.00021%
$ 41.2k
Siphelele Jiyane
Chief Accounting Officerless than a yearno data0.076%
$ 14.9m
Zane Keller
Head of Investor Relationsno datano datano data
Brooke Major-Reid
Chief Capital Officerno datano datano data
Wayne Pommen
Chief Revenue Officerno datano datano data
Pat Suh
Senior Vice President of Revenueno datano datano data
Geddes Munson
Senior Vice President of Engineeringno datano datano data

1.5yrs

Average Tenure

48yo

Average Age

Experienced Management: AFRM's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Max Levchin
Founder13yrsUS$519.92k5.37%
$ 1.1b
Libor Michalek
President & Director3.7yrsUS$8.34m0.61%
$ 119.0m
Jacqueline Reses
Non-Independent Director4yrsUS$253.96k0.013%
$ 2.5m
Keith Rabois
Independent Director12yrsno data0.035%
$ 6.9m
Brian Hughes
Independent Directorless than a yearno datano data
Jeremy Liew
Independent Director12yrsUS$267.96k0.098%
$ 19.2m
Christa Quarles
Lead Independent Director7yrsUS$278.96k0.082%
$ 16.2m
Manuel Sanchez y Madrid
Independent Director1.2yrsUS$741.57k0.0030%
$ 590.9k
Noel Watson
Independent Director2.3yrsUS$257.47k0.010%
$ 2.0m

4.0yrs

Average Tenure

53yo

Average Age

Experienced Board: AFRM's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 05:38
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Affirm Holdings, Inc. is covered by 33 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Ramsey El-AssalBarclays
James FotheringhamBMO Capital Markets Equity Research