Affirm Holdings reports $1B+ revenue in Q4 2026 as BNPL momentum accelerates

Affirm Holdings reported Q4 2026 net income of $1.62 billion alongside revenue that cleared the $1 billion mark, with management following that up by raising guidance for Q1. The result lands on August 27, 2026, after market hours, with a conference call scheduled for 5:00 p.m. ET. What the numbers actually say Consensus heading into the print was roughly $1.11 billion in revenue for Q4, reflecting an anticipated year-over-year increase of about 26%. Management had guided a range of $1.08 billion to $1.11 billion for the quarter. Q3 2026 revenue came in at $1.04 billion, up 33% year-over-year, with a net income of $102.9 million for that quarter. Gross merchandise volume hit $11.6 billion in Q3, a 35% increase year-over-year. Q4 GMV guidance pointed to a range of $13.15 billion to $13.45 billion. The active consumer base reached 26.8 million as of the end of Q3. For full-year FY2026, management raised its revenue projection to between $4.175 billion and $4.205 billion. What comes next and why it matters The Q1 guidance raise is the detail that will attract the most scrutiny from analysts. The fact that Affirm is raising guidance rather than holding it steady suggests management see...