{
  "url": "https://struct.news/briefs/affirm-made-19b-while-cash-conversion-fell",
  "title": "Affirm made $1.9B, while cash conversion fell",
  "summary": "Operating cash flow reached $1.2B while Affirm issued $23.7B of secured debt to fund its lending engine.",
  "published_at": "2026-08-27T21:12:17.763396+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Affirm Holdings, Inc.",
    "ticker": "AFRM",
    "cik": "1628280",
    "sector": "Financial Services",
    "industry": "Credit Services"
  },
  "source_filing": {
    "form": "10-K",
    "filed": "2026-08-27",
    "accession": "0001628280-26-059279",
    "url": "https://www.sec.gov/Archives/edgar/data/1820953/000162828026059279/afrm-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-K",
    "filed": "2025-08-28",
    "url": "https://www.sec.gov/Archives/edgar/data/1820953/000182095325000080/afrm-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 1113966000,
      "display": "$1.1B",
      "unit": "usd",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-K",
        "accession": "0001628280-26-059279",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 34.86140570067118,
      "display": "+34.9%",
      "unit": "percent",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-K",
        "accession": "0001628280-26-059279",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -7.834440189377413,
      "display": "-7.8%",
      "unit": "percent",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-K",
        "accession": "0001628280-26-059279",
        "filing_date": "2026-08-27"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Management linked revenue growth partly to favorable pricing terms, making pricing language a current business driver to compare.",
      "importance": "medium",
      "evidence": "The increase is primarily due to an increase of funding debt and notes issued by securitization trusts during the year ended June 30, 2026, partially offset by favorable pricing terms.",
      "source_date": "2026-08-27"
    }
  ],
  "related_tickers": [
    "AFRM"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}