$SOFI TECHNOLOGIES Q2’26 EARNINGS HIGHLIGHTS
🔹 Adj. Net Revenue: $1.21B (Est. $1.12B) 🟢; +40% YoY — record
🔹 Adj. EPS: $0.12 (Est. $0.11) 🟢; +50% YoY
🔹 Members: 15.8M; +35% YoY
🔹 Products: 24.4M; +42% YoY — record 2.2M added, 1st Qtr ever adding 2x as many products as members
Raises FY26 Guide:
🔹 Adj. Net Revenue: $4.75B-$4.85B (Est. $4.70B) 🟢; +33.5% Yoy
🔹 Adj. EPS: ~$0.60 (Est. $0.60) 🟡
🔹 Member Growth: At least 30% YoY
🔹 Adj. EBITDA: ~$1.6B; unchanged — ~33% to 34% margin
Segment Net Revenue:
🔹 Lending: $724.8M; +63% YoY
🔹 Financial Services: $466.3M; +29% YoY
🔹 Tech Platform: $84.5M; -23% YoY, +13% QoQ
Other Q2 Metrics:
🔹 Adj. EBITDA: $357.8M; +44% YoY — 30% margin
🔹 Total Originations: $14.8B; +69% YoY — record, incl. record Personal, Student and Home Loans
🔹 Personal Loans: $10.7B; +54% YoY, incl. $3.1B Loan Platform Business
🔹 Student Loans: $2.7B; +170% YoY
🔹 Fee-Based Revenue: $472.3M; 39% of total revenue
🔹 Net Interest Income: $788.2M; +52% YoY
🔹 Deposits: $45.5B; +$5.3B QoQ
🔹 Cross-Buy: 51% of new products opened by existing members
🔹 Tangible Book Value: $7.34/share; +56% YoY
Comments:
🔸 “2026 is shaping up to be a defining year, and our second quarter results mark a clear inflection point for SoFi.”
🔸 “We grew members 35% year-over-year and added a record 2.2 million products, a 42% increase. For the first time, we added twice as many products as members, a major milestone that underscores the trust members place in SoFi and the power of our 'everything app'.”$SOFI
🔹 Adj. Net Revenue: $1.21B (Est. $1.12B) 🟢; +40% YoY — record
🔹 Adj. EPS: $0.12 (Est. $0.11) 🟢; +50% YoY
🔹 Members: 15.8M; +35% YoY
🔹 Products: 24.4M; +42% YoY — record 2.2M added, 1st Qtr ever adding 2x as many products as members
Raises FY26 Guide:
🔹 Adj. Net Revenue: $4.75B-$4.85B (Est. $4.70B) 🟢; +33.5% Yoy
🔹 Adj. EPS: ~$0.60 (Est. $0.60) 🟡
🔹 Member Growth: At least 30% YoY
🔹 Adj. EBITDA: ~$1.6B; unchanged — ~33% to 34% margin
Segment Net Revenue:
🔹 Lending: $724.8M; +63% YoY
🔹 Financial Services: $466.3M; +29% YoY
🔹 Tech Platform: $84.5M; -23% YoY, +13% QoQ
Other Q2 Metrics:
🔹 Adj. EBITDA: $357.8M; +44% YoY — 30% margin
🔹 Total Originations: $14.8B; +69% YoY — record, incl. record Personal, Student and Home Loans
🔹 Personal Loans: $10.7B; +54% YoY, incl. $3.1B Loan Platform Business
🔹 Student Loans: $2.7B; +170% YoY
🔹 Fee-Based Revenue: $472.3M; 39% of total revenue
🔹 Net Interest Income: $788.2M; +52% YoY
🔹 Deposits: $45.5B; +$5.3B QoQ
🔹 Cross-Buy: 51% of new products opened by existing members
🔹 Tangible Book Value: $7.34/share; +56% YoY
Comments:
🔸 “2026 is shaping up to be a defining year, and our second quarter results mark a clear inflection point for SoFi.”
🔸 “We grew members 35% year-over-year and added a record 2.2 million products, a 42% increase. For the first time, we added twice as many products as members, a major milestone that underscores the trust members place in SoFi and the power of our 'everything app'.”$SOFI