Digital financial services firm SoFi beats Q2 revenue estimates, raises FY forecast

SoFi Technologies

29/07/2025 12:15

Overview

SoFi Q2 adjusted net revenue up 44%, beating analyst expectations, per LSEG data

Adjusted EBITDA rises 81% to $249 mln, reflecting strong operational performance

Company raises 2025 financial guidance, indicating confidence in continued growth

Outlook

SoFi raises 2025 adjusted net revenue guidance to $3.375 bln

Company expects 2025 adjusted EBITDA of $960 mln

SoFi forecasts 2025 GAAP net income of $370 mln, or  $0.31 per share

Company plans to add 3 mln new members in 2025

Result Drivers

MEMBER AND PRODUCT GROWTH - Record high new member and product additions drove revenue growth, per CEO Anthony Noto

FEE-BASED REVENUE - Strong performance in Loan Platform Business, origination fees, referral fees, interchange revenue and brokerage fee revenue led to 72% increase in fee-based revenue

INTEGRATED SERVICES - Strategy of serving full financial needs boosted product adoption and revenue per product

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$854.94 mln
Q2 Adjusted Revenue
Beat
$858.23 mln
$803.10 mln (15 Analysts)
Q2 EPS
$0.08
Q2 Net Income
$97.26 mln
Q2 Adjusted EBITDA
$249.08 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 10 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy."

Wall Street's median 12-month price target for SoFi Technologies Inc is $17.00, about 23.6% below its July 28 closing price of $21.02

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 35 three months ago

Press Release: ID:nBw2dWpfYa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)