SoFi Q2 adjusted revenue beats on member and product growth

SoFi Technologies

29/07/2026 12:19

Overview
US digital financial services firm's Q2 adjusted net revenue rose 40%, beating analyst expectations
Q2 net income climbed 61% yr/yr, with record loan originations and strong member growth

Outlook
SoFi raises 2026 adjusted net revenue guidance to $4.75 bln-$4.85 bln
Company maintains 2026 adjusted EBITDA forecast at about $1.6 bln, margin 33%-34%
SoFi continues to expect 2026 adjusted net income of about $825 mln, adjusted EPS of $0.60

Result Drivers
MEMBER AND PRODUCT GROWTH - Co said record member and product additions, including a 35% increase in members and 42% rise in products, drove higher engagement and revenue
RECORD LOAN ORIGINATIONS - Record $14.8 bln in total loan originations, including personal, student, and home loans, supported revenue growth
FEE AND INTEREST INCOME - Growth in origination fees, interchange and brokerage fee revenue, and higher net interest income contributed to results

Company press release: ID:nBw3NZFP1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Revenue
Beat
$1.21 bln
$1.12 bln (18 Analysts)
Q2 EPS
 
$0.12
 
Q2 Net Income
 
$156.59 mln
 

Reuters Recommended Reads
July 29 - SoFi lifts 2026 revenue forecast as member growth, new loans hit records
July 27 - Happen Q2 EPS rises 52% as loan originations grow
July 29 - OneMain Q2 revenue rises on receivables, yield growth

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(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.)