Affirm Holdings, Inc. (NASDAQ:AFRM) shares are trading lower premarket on Friday after reporting second-quarter 2026 results on Thursday.

Friday, the company disclosed a partnership with Virgin Media O2 to offer transparent, flexible hardware financing to O2 customers.

Partnership Details

This collaboration allows new and existing customers to select payment options that best suit their needs when buying a device.

Affirm will offer financing for mobile phones and other devices, such as headphones and gaming consoles, with a range of monthly payment plans.

The partnership also enables Virgin Media O2 to expand into the SIM-free market, complementing its existing Pay Monthly Handset Bundles and SIM Only offerings.

Chris Bournes, Commercial Director at Virgin Media O2 added, “Providing our customers with choice and flexibility is at the core of Virgin Media O2’s offering. We want to help our customers access the devices they want with an affordable, clear, and convenient payment option that truly works for them.”

”Through our partnership with Affirm, we’ll do just that – empowering our customers by giving them even more choice to pay for their handset via a flexible service they can trust, with no hidden costs or late fees.”

Earnings Snapshot

Affirm reported quarterly earnings of 37 cents per share, which beat the consensus estimate of 30 cents. Revenue came in at $1.12 billion, which beat the Street estimate of $1.06 billion.

The company expects revenue of $970 million to $1 billion, (versus the $979.57 million estimate) in third-quarter, $1.060 billion-$1.090 billion (vs $1.088 billion) for fourth quarter and raised its FY26 revenue guidance to a range of $4.09 billion to $4.15 billion.

Price Action: AFRM shares are down 3.05% at $57.61 premarket at the last check on Friday.

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