AFFIRM HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in thousands, except share and per share amounts) September 30, 2024 June 30, 2024 Assets Cash and cash equivalents $ 1,046,160 $ 1,013,106 Restricted cash 338,462 282,293 Securities available for sale at fair value 1,073,685 1,131,628 Loans held for sale 4 36 Loans held for investment 6,310,834 5,670,056 Allowance for credit losses (350,606) (309,097) Loans held for investment, net 5,960,228 5,360,959 Accounts receivable, net 308,394 353,028 Property, equipment and software, net 473,019 427,686 Goodwill 536,745 533,439 Intangible assets 13,459 13,502 Commercial agreement assets 90,346 104,602 Other assets 298,661 299,340 Total assets $ 10,139,159 $ 9,519,619 Liabilities and stockholders9 equity Liabilities: Accounts payable $ 57,561 $ 41,019 Payable to third-party loan owners 152,035 159,643 Accrued interest payable 24,484 24,327 Accrued expenses and other liabilities 137,464 147,429 Convertible senior notes, net 1,202,519 1,341,430 Notes issued by securitization trusts 3,985,484 3,236,873 Funding debt 1,744,040 1,836,909 Total liabilities 7,303,587 6,787,630 Stockholders9 equity: Class A common stock, par value $0.00001 per share: 3,030,000,000 shares authorized, 271,833,469 shares issued and outstanding as of September 30, 2024; 3,030,000,000 shares authorized, 267,305,456 shares issued and outstanding as of June 30, 2024 2 2 Class B common stock, par value $0.00001 per share: 140,000,000 shares authorized, 42,143,934 shares issued and outstanding as of September 30, 2024; 140,000,000 shares authorized, 43,747,575 shares issued and outstanding as of June 30, 2024 1 1 Additional paid in capital 6,053,917 5,862,555 Accumulated deficit (3,209,226) (3,109,004) Accumulated other comprehensive loss (9,122) (21,565) Total stockholders9 equity 2,835,572 2,731,989 Total liabilities and stockholders9 equity $ 10,139,159 $ 9,519,619 Affirm FQ1’25 Shareholder Letter 21