Affirm, reported better-than-expected fiscal first-quarter results, with a narrower loss per share expected and revenue surpassing the forecast. Gross merchandise volume, a key metric that helps gauge the total value of transactions, increased 35% from a year earlier. Affirm aims to achieve GAAP profitability by its fiscal fourth quarter of 2025, with CEO Max Levchin reaffirming this target for the fiscal year’s end. Affirm's partnerships with Apple, Amazon, and Shopify are boosting results, with plans for Apple Pay users to apply for loans directly through Affirm on iPhones and iPads.