Risk factors
Affirm Holdings (AFRM) risk factors
Item 1A of every Affirm Holdings, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors51 risks7 new9 dropped12 reworded
New risks emphasize dependence on a few commercial and bank partners, including potential termination, competition, and third-party oversight.
Filed Aug 27, 2026 - FY2025 10-K risk factors53 risks
Affirm faces severe credit, competitive, and regulatory risks regarding partner relationships, loan underwriting, and consumer spending trends.
Filed Aug 28, 2025