Affirm Q4 Earnings Beat on Strong GMV Growth, Rising Card Adoption

Affirm Holdings (AFRM) delivered robust Q4 fiscal 2026 results with revenues rising 33% to $1.17 billion and GMV reaching $14.1 billion, up 36% year-over-year. Active cardholders more than doubled to 5.2 million with a 19% card attach rate. The company projects fiscal 2027 GMV above $64 billion and adjusted operating margins exceeding 30.5%. Peer payment processors Mastercard, Visa, and American Express also reported strong quarterly performance with double-digit revenue growth.