What is AFRM's dilution risk score?

AFRM currently has a DilutionScore of 21/100, indicating low dilution risk. DilutionWatch monitors AFRM SEC filings in real-time, scanning EDGAR every 60 seconds for shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals.

What SEC filings does DilutionWatch track for AFRM?

DilutionWatch tracks 25 SEC filing types for AFRM including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect AFRM shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For AFRM, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for AFRM tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for AFRM. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

AFRM Dilution Risk Score: 21/100 (LOW)

📊 Score Breakdown

📋 Offering Ability

20

💰 Cash Runway

0

📊 Float Risk

2

⚠️ Warrant Exposure

90

🔄Convertible Debt—

🌦️ Dilution Forecast

⛈️

Warning

High probability of dilution event

30%

📜 Warrant Exercise 60%

• Massive warrant overhang: 37% of shares outstanding

• Warrant risk score very high (90/100)

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💹 Market Data

Market Cap$24.67B

Shares Outstanding59.24M

FloatN/A

Cash$1.72B

Debt$8.87B

Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 23.0% shares (2026Q1 vs prior)

605 institutional holders · 337.83M shares

#1 MORGAN STANLEY 67.69M shares

#2 Capital Research Global Investors 24.59M shares

#3 VANGUARD CAPITAL MANAGEMENT LLC 24.30M shares

+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest19.33M

Days to Cover4.0

% of FloatN/A

FINRA data as of Jun 30, 2026

👤 Insider Buy/Sell Ratio

📁 Recent SEC Activity

xbrl XBRL WARRANT Mar 31, 2026

xbrl XBRL CONVERTIBLE Jun 30, 2024

4 INSIDER TRANSACTION Apr 09, 2026

4 INSIDER TRANSACTION Apr 03, 2026

4 INSIDER TRANSACTION Apr 02, 2026

Full SEC filing analysis available with free account →

📰 Recent News

No recent news

📋 What This Means for AFRM Shareholders

Affirm Holdings, Inc. (AFRM) has a DilutionScore of 21/100, rated Low dilution risk. At this score level, DilutionWatch's real-time EDGAR monitoring shows limited near-term dilution signals. This does not mean zero dilution risk — shelf registrations can be filed and activated quickly — but the current filing profile shows no major outstanding dilution programs. Score as of July 13, 2026.

DilutionWatch tracks 22.0M outstanding warrants for AFRM. Warrants become dilutive when exercised — converting to common shares at the strike price. Warrants near or in-the-money deserve particular attention since exercise can add materially to the outstanding share count within a short window.

DilutionWatch tracks over 25 SEC filing types for AFRM in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for AFRM alongside comparable low-risk stocks. Not financial advice — this analysis is for informational purposes only.

Warrants Explained →