Affirm Holdings' shares jumped over 12% after the company reported first-quarter fiscal 2026 earnings that beat expectations. Adjusted earnings per share reached $0.23, with revenue rising 34% year-over-year to $933 million. The company also raised its full-year guidance and announced a five-year extension of its partnership with Amazon.

Affirm's stock rose 10% after the company exceeded earnings expectations with 20 cents per share and $876 million in revenue, reflecting a 33% year-over-year increase. CEO Max Levchin highlighted strong consumer transaction growth and successful partnerships with major retailers, despite competition from Klarna. Affirm also reported significant growth in its Affirm Card usage and emphasized their focus on responsible lending practices.