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Max Levchin takes a $39K salary, but Affirm Holdings, Inc.'s DEF 14A reports $538K in total compensation for FY2025. The largest component was $499K in other compensation. Most of the gap was $499K reported as other compensation. That’s up 4% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Max Levchin, CEO of Affirm Holdings, Inc. (AFRM), received total compensation of $538K.
Max Levchin's compensation breakdown includes: base salary of $39K, and other compensation of $499K.
Compared to fiscal year 2024, Max Levchin's total compensation increased 4% from $520K to $538K.
Affirm Holdings, Inc.'s top 5 named executive officers received combined total compensation of $28.9 million in fiscal year 2025.
The named executive officers disclosed in Affirm Holdings, Inc.'s 2025 proxy statement are:Max Levchin (CEO) with total compensation of $538K, Michael Linford (Chief Operating Officer) with total compensation of $9.1 million, Libor Michalek (President) with total compensation of $8.6 million, Rob O’Hare (Chief Financial Officer (3 )) with total compensation of $6.4 million, and Katherine Adkins (Chief Legal Officer and Chief Compliance Officer) with total compensation of $4.3 million.
Source Filing
Executive Record
Max Levchin
CEO
Reported Pay
$520KSummary compensation table total · FY2024
Findings
Reviewing FY2024 compensation of $520K against +22% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +4%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for AFRM.
Team view
5 executives
CEO
Total PayFY2025
$538K
Chief Operating Officer
Total PayFY2025
$9.1M
President
Total PayFY2025
$8.6M
Chief Financial Officer (3 )
Total PayFY2025
$6.4M
Chief Legal Officer and Chief Compliance Officer
Total PayFY2025
$4.3M
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01FY2024 total compensation breakdown
$519.9K total compensation
Max Levchin earned $519.9K in FY2024— here's how that breaks down.
$482.3K
93% of total
$37.6K
7% of total
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $27.9B market cap, based on 331 peers in this size band.
03Recent insider trades by officers and directors
~32 trades
04Showing FY2024 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
05Take action on executive compensation
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.04M | $0.00M | $0.00M | $0.00M | $0.50M | $0.54M | |
| 2024 | $0.04M | $0.00M | $0.00M | $0.00M | $0.48M | $0.52M | |
| 2023 | $0.04M | $0.00M | $0.00M | $0.00M | $0.37M | $0.41M | |
| 2022 | $0.03M | $0.00M | $0.00M | $0.00M | $0.45M | $0.48M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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Affirm Holdings, Inc. (AFRM) — Key Facts
Last updated Jul 7, 2026 · DEF 14A filed Oct 24, 2025
| CEO | Max Levchin, CEO |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $538K |
| Base salary | $39K |
| Other compensation | $499K |
| Year-over-year change | +4% |
| Source | DEF 14A, 2025-10-24 |
Max Levchin's base salary at Affirm Holdings, Inc. was $38,834. Total compensation was $538,307 in fiscal year 2025. Most of the gap was $499,473 reported as other compensation.
Max Levchin's base salary at Affirm Holdings, Inc. is $38,834 per year as of fiscal year 2025. The larger reported compensation figure of $538,307 is mostly $499,473 reported as other compensation.
Affirm Holdings, Inc.'s CEO, Max Levchin, earned $538,307 in total compensation for fiscal year 2025. Base salary was $38,834, and most of the remaining total was $499,473 reported as other compensation.