Affirm ($AFRM) raised its 30% growth floor, projected to see annual transaction volume in the 88 trillion won range

Affirm ($AFRM) raised the lower bound of its fiscal 2027 gross merchandise volume (GMV) growth guidance to 30%, projecting annual GMV above $65.25 billion versus its prior floor of $64 billion. The buy-now-pay-later lender reported fiscal first-quarter GMV of $14.4 billion, up 34% year over year and marking 12 consecutive quarters of growth above 30%. Revenue rose 35% to $1.262 billion, with operating income of $187 million. The guidance hike signals sustained consumer credit demand and merchant adoption despite a softer backdrop, and investors will watch whether GMV growth holds above the 30% floor through the holiday quarter and whether revenue growth keeps pace.