Affirm Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 28, 2025
AFRM$65.95-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
The following documents are filed as a part of this Annual Report on Form 10-K:
(a) Financial Statements
Our consolidated financial statements are listed in the “Index to Consolidated Financial Statements” under Part II, Item 8, of this Annual Report on Form 10-K.
(b) Financial Statement Schedules
All schedules have been omitted because the required information is not present or not present in amounts sufficient to require submission of the schedules, or because the information required is included in Part II, Item 8, of this Annual Report on Form 10-K.
(c) Exhibits
| Incorporated by Reference | ||||||
|---|---|---|---|---|---|---|
| Exhibit Number | Description | Form | File No. | Exhibit | Filing Date | Filed Herewith |
| 2.1 | Plan of Conversion of Affirm Holdings, Inc. | 8-K | 001-39888 | 2.1 | June 26, 2025 | |
| 3.1 | Articles of Incorporation of Affirm Holdings, Inc. | 8-K | 001-39888 | 3.1 | June 26, 2025 | |
| 3.2 | Bylaws of Affirm Holdings, Inc. | 8-K | 001-39888 | 3.2 | June 26, 2025 | |
| 4.1 | Description of Capital Stock | X | ||||
| 4.2 | Second Replacement Warrant to Purchase Class A Common Stock of Affirm Holdings, Inc., by and between Affirm Holdings, Inc. and Amazon.com Services LLC, dated as of February 14, 2025* | 10-Q | 001-39888 | 4.1 | May 9, 2025 | |
| 4.3 | Amended and Restated Warrant to Purchase Class A Common Stock of Affirm Holdings, Inc., by and between Affirm Holdings, Inc. and Amazon.com Services LLC, dated as of October 27, 2023* | 10-Q | 001-39888 | 4.1 | February 8, 2024 | |
| 4.4 | First Amendment to the Amended and Restated Warrant to Purchase Class A Common Stock of Affirm Holdings, Inc., by and between Affirm Holdings, Inc. and Amazon.com Services LLC, dated as of July 29, 2024 | 10-Q | 001-39888 | 4.1 | November 7, 2024 | |
| 4.5 | Indenture, dated November 23, 2021, between Affirm Holdings, Inc. and Wilmington Trust, National Association, as trustee | 8-K | 001-39888 | 4.1 | November 23, 2021 | |
| 4.6 | Form of 0% Convertible Senior Note due 2026 (included in Exhibit 4.5) | 8-K | 001-39888 | 4.2 | November 23, 2021 | |
| 4.7 | Indenture, dated December 20, 2024, between the Company and Wilmington Trust, National Association, as trustee | 8-K | 001-39888 | 4.1 | December 20, 2024 | |
| 4.8 | Form of 0.75% Convertible Senior Note due 2029 (included in Exhibit 4.7) | 8-K | 001-39888 | 4.2 | December 20, 2024 | |
| 10.1 | Form of Indemnification Agreement between the Company and its directors and officers | X | ||||
| 10.2 | Revolving Credit Agreement, dated as of February 4, 2022, among Affirm, Inc., Affirm Holdings, Inc., certain lenders identified therein, and Barclays Bank PLC | 8-K | 001-39888 | 10.1 | February 10, 2022 | |
| 10.3 | Amendment No. 1 to Revolving Credit Agreement, dated August 15, 2022, between Affirm, Inc., Affirm Holdings, Inc., certain lenders identified therein, and Barclays Bank PLC | 10-Q | 001-39888 | 10.1 | November 8, 2022 | |
| 10.4 | Amendment No. 2 to Revolving Credit Agreement, dated June 26, 2024, between Affirm, Inc., Affirm Holdings, Inc., certain lenders identified therein, and Barclays Bank PLC | 8-K | 001-39888 | 10.1 | July 1, 2024 | |
| 10.5 | Amendment No. 3 to Revolving Credit Agreement, dated December 16, 2024, between Affirm, Inc., Affirm Holdings, Inc., certain lenders identified therein, and Barclays Bank PLC | 10-Q | 001-39888 | 10.1 | February 6, 2025 | |
| 10.6 | Loan Sale Agreement, dated as of September 18, 2020, by and between Celtic Bank Corporation and Affirm, Inc.* | 10-K | 001-39888 | 10.4 | August 25, 2023 | |
| 10.7 | Amendment No. 1 to Loan Sale Agreement, dated as of October 27, 2023, by and between Celtic Bank Corporation and Affirm, Inc. | 10-Q | 001-39888 | 10.1 | February 8, 2024 | |
| 10.8 | Marketing and Servicing Agreement, dated as of September 18, 2020, by and between Celtic Bank Corporation and Affirm, Inc.* | 10-K | 001-39888 | 10.5 | August 25, 2023 | |
| 10.9 | Amendment No. 1 to Marketing and Servicing Agreement, dated as of October 27, 2023, by and between Celtic Bank Corporation and Affirm, Inc. | 10-Q | 001-39888 | 10.2 | February 8, 2024 | |
| 10.10 | Global Customer Installment Program Agreement, dated February 14, 2025, by and between Shopify Inc. and Affirm, Inc.* | 10-Q | 001-39888 | 10.1 | May 9, 2025 | |
| 10.11 | Amended and Restated Installment Financing Services Agreement, dated as of November 10, 2021, by and among Affirm Holdings, Inc., Amazon.com Services LLC and Amazon Payments, Inc.* | 8-K | 001-39888 | 10.1 | November 10, 2021 | |
| 10.12 | First Amendment to Amended and Restated Installment Financing Services Agreement, dated as of October 2, 2023, by and between Affirm, Inc., Amazon.com Services LLC and Amazon Payments, Inc.* | 10-Q | 001-39888 | 10.2 | November 8, 2023 | |
| 10.13 | Second Amendment to Amended and Restated Installment Financing Services Agreement, dated as of February 2, 2024, by and between Affirm, Inc., Amazon.com Services LLC and Amazon Payments, Inc.* | 10-Q | 001-39888 | 10.1 | May 8, 2024 | |
| 10.14 | Third Amendment to Amended and Restated Installment Financing Services Agreement, dated as of April 4, 2024, by and between Affirm, Inc., Amazon.com Services LLC and Amazon Payments, Inc.* | 10-Q | 001-39888 | 10.1 | November 7, 2024 | |
| 10.15 | Fourth Amendment to Amended and Restated Installment Financing Services Agreement, dated as of October 25, 2024, by and between Affirm, Inc., Amazon.com Services LLC and Amazon Payments, Inc.* | 10-Q | 001-39888 | 10.1 | February 6, 2025 | |
| 10.16 | Transaction Agreement, dated as of November 10, 2021, by and between Affirm Holdings, Inc. and Amazon.com Services LLC* | 8-K | 001-39888 | 10.2 | November 10, 2021 | |
| 10.17+ | Amended and Restated 2012 Stock Plan | 10-Q | 001-39888 | 10.3 | February 8, 2023 | |
| 10.18+ | Form of Stock Option Agreement pursuant to the Affirm Holdings, Inc. Amended and Restated 2012 Stock Plan | 10-Q | 001-39888 | 10.4 | February 14, 2022 | |
| 10.19+ | Form of RSU Agreement pursuant to the Affirm Holdings, Inc. Amended and Restated 2012 Stock Plan | 10-Q | 001-39888 | 10.5 | February 14, 2022 | |
| 10.20+ | 2020 Employee Stock Purchase Plan | S-1/A | 333-250184 | 10.3 | November 20, 2020 | |
| 10.21+ | Cash Incentive Plan | X | ||||
| 10.22+ | Officer Severance Plan | X | ||||
| 19.1 | Insider Trading Policy | 10-K | 001-39888 | 19.1 | August 28, 2024 | |
| 21.1 | Subsidiaries of the Company | X | ||||
| 23.1 | Consent of Deloitte & Touche LLP, independent registered public accountant | X | ||||
| 24.1 | Power of Attorney (see signature page hereto) | X | ||||
| 31.1 | Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 31.2 | Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 32.1† | Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 32.2† | Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 97.1 | Policy for the Recovery of Erroneously Awarded Compensation | 10-K | 001-39888 | 97.1 | August 28, 2024 | |
| 101.INS | XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | X | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | X | ||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
| 104 | Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) | X | ||||
| † | Furnished herewith. | |||||
| + | Denotes management contract or compensatory plan or arrangement. | |||||
| * | Portions of the exhibit have been omitted as the Company has determined that: (i) the omitted information is not material; and (ii) the Company customarily and actually treats the omitted information as private or confidential. | |||||
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