SoFi
What matters nowUpdated 6 h ago
- SoFi reported fiscal Q2 2026 results on Jul 29, 2026 1 and filed its Form 10-Q for the quarter ended Jun 30 on Aug 6, 2026 2; its Lending segment reported record Q2 loan originations of $14.8 billion, up 69% year over year.
- SOFI traded at $15.165 on the pooled 24/7 venue price, down 0.30% from a previous close of $15.21; across the last five recorded moves it rose 5.91% on Aug 21, fell 4.18% on Aug 24, fell 5.60% on Aug 28, fell 4.89% on Sep 1 and rose 4.44% on Sep 2.
- Trailing revenue as of Jun 30, 2026 was $610.2 million, up 9.2% year over year; trailing EPS was $0.49, down 2% year over year, and trailing free cash flow was negative $8.79 billion. At a $19.6 billion market cap the stock trades at 30.9 times trailing earnings and 32.1 times trailing sales.
- Insiders sold 185,111 shares worth $3.26 million over the last 180 days in nine transactions, eight of them planned, against three purchases of 45,311 shares worth $0.75 million, a net outflow of $2.51 million.
- Next, the Q3 2026 results and conference call are scheduled for Oct 27, 2026, confirmed by the company; September CPI is due Oct 14, 2026 at 12:30 UTC, and Polymarket puts 81.5% odds on no change in Fed rates after the October 2026 meeting and 17.5% on a 25 bp increase.
SoFi runs a digital financial services app that combines lending, banking, investing, crypto and card products for its members. Its Lending segment makes personal, student and home loans and holds or sells them. Its Financial Services segment covers SoFi Money deposits, SoFi Invest, the SoFi Credit Card, the Loan Platform Business that originates loans for third-party banks and investors, and crypto trading. Its Technology Platform segment sells the Galileo and related APIs and cloud banking services to other financial institutions. Q2 2026 GAAP net revenue was $1.22 billion, up 43% year over year, with net income of $156.6 million, and members reached 15.8 million (up 35%). Management raised 2026 adjusted net revenue guidance to $4.75 billion to $4.85 billion.
How it makes money
SoFi earns net interest income on loans and deposits, the largest share of its revenue. It also earns fee revenue from the Loan Platform Business (loans it originates and places with third-party investors), interchange on SoFi Money and Credit Card spend, brokerage and crypto trading, and referral fees. The Technology Platform segment earns fees from banks and fintechs that run their accounts and payments on SoFi's infrastructure. Net interest income depends on deposit costs and loan spreads, and fee revenue grows with product usage and originations.
Last 12 monthsChart & venues →
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Biggest businessesAll products & projects →
Personal, student and home loans
Loan originations hit a record $14.8 billion in Q2 2026, up 69% year over year.
SoFi Money
Total deposits rose $5.3 billion in Q2 2026 to $45.5 billion.
SoFi Invest
SoFi Invest products reached 3.9 million in Q2 2026, up 38% year over year.
SoFi Credit Card
Credit card products grew 48% to 509,825 in Q2 2026, and interchange revenue rose 55%.
Latest newsAll news →
SoFi raises 2026 adjusted net revenue guidance to $4.75 billion to $4.85 billion after record Q2
SoFi reported second-quarter 2026 GAAP net revenue of $1.22 billion, up 43%, and net income of $156.6 million.
SoFi reports fiscal Q2 2026 results: revenue $153.6M, up 1% from a year earlier
SoFi filed a Form 8-K with the SEC on Jul 29, 2026, 7:06 AM ET, reporting an event dated Jul 29, 2026.
SoFi posts record Q1 2026 originations and keeps full-year revenue outlook at about $4.655 billion
SoFi reported first-quarter 2026 GAAP net revenue of $1.10 billion, up 43%, and net income of $166.7 million, up 134%.
SoFi signs Loan Platform Business agreements worth over $3.6 billion with a global bank, an insurer and an asset manager
SoFi announced new Loan Platform Business agreements totaling over $3.6 billion of expected personal loan volume.
SoFi reports record Q4 2025 results and guides 2026 adjusted net revenue to about $4.655 billion
SoFi reported fourth-quarter 2025 GAAP net revenue of $1.03 billion, up 40%, and adjusted net revenue of $1.01 billion, up 37%.
SoFi reports fiscal Q3 2025 results: revenue $156.8M, up 19% from a year earlier
SoFi filed a Form 8-K with the SEC on Oct 28, 2025, 7:03 AM ET, reporting an event dated Oct 28, 2025.
Products & businesses
Personal, student and home loans
Loan originations hit a record $14.8 billion in Q2 2026, up 69% year over year.
SoFi Money
Total deposits rose $5.3 billion in Q2 2026 to $45.5 billion.
SoFi Invest
SoFi Invest products reached 3.9 million in Q2 2026, up 38% year over year.
SoFi Credit Card
Credit card products grew 48% to 509,825 in Q2 2026, and interchange revenue rose 55%.
Loan Platform Business
Loan Platform Business added $143.3 million to adjusted net revenue in Q2 2026.
Technology Platform (Galileo)
Segment revenue fell 23% to $84.5 million in Q2 2026 after a large client left the platform.
SoFi Crypto and SoFiUSD
SoFi Crypto had 388,336 products at June 30, 2026, after its December 2025 launch.
Segments
| Segment | Revenue | Share | |
|---|---|---|---|
| Lending Personal, student and home loans, plus loan servicing. Revenue is mostly net interest income on loans held on the balance sheet, with gain-on-sale income on loans sold. Segment net revenue was $1.85 billion in 2025, up 24%. | $1.85B | 48.1% | |
| Financial Services SoFi Money, SoFi Invest, the SoFi Credit Card, the Loan Platform Business, Relay, Lantern, SoFi Protect, SoFi Travel and SoFi At Work. Revenue is net interest income on member deposits plus fee income from loan platform, interchange, referral and brokerage activity. Segment net revenue was $1.54 billion in 2025, up 88%. | $1.54B | 40.1% | |
| Technology Platform Galileo and related cloud banking and payments APIs used by banks, fintechs and other institutions. Revenue is mostly fee income that scales with enabled accounts. Segment net revenue was $450 million in 2025, up 14%. | $450.2M | 11.7% |
Fiscal FY2025 · from the annual report
Valuation & fundamentals
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price.
Financial statements
| Metric | TTM | Q2 FY2026 2026-06-30 | Q1 FY2026 2026-03-31 | Q4 FY2025 2025-12-31 | Q3 FY2025 2025-09-30 | Q2 FY2025 2025-06-30 | Q1 FY2025 2025-03-31 | Q4 FY2024 2024-12-31 | Q3 FY2024 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $610.2M | $153.6M +1% | $129.5M -8% | $170.3Md +26% | $156.8M +19% | $151.9M +26% | $140.4M +21% | $135.5Md +16% | $131.2M +25% |
| Gross profit | −$84.1M | −$46.6Md -3305% | −$41.6Md -956% | $8.7Md +18% | −$4.6Md -162% | $1.5Md -87% | $4.9Md -69% | $7.4Md -41% | $7.5Md +12% |
| Net income | $636.3M | $156.6M +61% | $166.7M +134% | $173.5Md -48% | $139.4M +129% | $97.3M +459% | $71.1M -19% | $332.5Md +594% | $60.7M |
| EPS (diluted) | $0.49 | $0.12 +50% | $0.12 +100% | $0.14d -55% | $0.11 +120% | $0.08 +700% | $0.06 +200% | $0.31d +675% | $0.05 |
| Operating cash flow | −$8.50B | −$3.89Bd | −$2.31B -10866% | −$991.2Md | −$1.31Bd | −$1.47Bd | $21.5M -97% | −$200.1Md | −$1.17Bd |
| Capital expenditure | $290.5M | $96.6Md +52% | $67.6M +28% | $66.4Md +57% | $60.0Md +38% | $63.5Md +73% | $52.6M +64% | $42.3Md +23% | $43.3Md +54% |
| Share buybacks | — | — | — | — | — | — | — | — | — |
| Cash & equivalents | $3.13B | $3.13B | $3.40B | $4.93B | $3.25B | $2.12B | $2.09B | $2.54B | $2.35B |
| Total debt | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 1.29B | 1.29B | 1.28B | 1.27B | 1.20B | 1.11B | 1.10B | 1.10B | 1.08B |
| Metric | FY2025 2025-12-31 | FY2024 2024-12-31 | FY2023 2023-12-31 | FY2022 2022-12-31 |
|---|---|---|---|---|
| Revenue | $619.4M +23% | $503.1M +19% | $421.5M +12% | $377.1M |
| Cost of revenue | $609.0M +32% | $461.6M +21% | $380.0M +21% | $313.2M |
| Gross profit | $10.4Md -75% | $41.5Md +0% | $41.5Md -35% | $63.9Md |
| Research & development | $648.3M +17% | $551.8M +8% | $511.4M +26% | $405.3M |
| Depreciation & amortization | $234.2M +15% | $203.5M +1% | $201.4M +33% | $151.4M |
| Interest expense | — | — | $789.3M +317% | $189.3M |
| Income tax | $44.5M | −$265.3M | −$416.0K -125% | $1.7M |
| Net income | $481.3M -3% | $498.7M | −$300.7M | −$320.4M |
| EPS (diluted) | $0.39 +0% | $0.39 | $-0.36 | $-0.40 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Diluted shares (weighted) | 1.25B | 1.10B | 945.0M | 900.9M |
| Operating cash flow | −$3.74B | −$1.12B | −$7.23B | −$7.26B |
| Capital expenditure | $242.4M +57% | $154.3M +38% | $111.4M +20% | $93.2M |
| Share buybacks | — | — | $0 | $0 |
| Cash & equivalents | $4.93B | $2.54B | $3.09B | $1.42B |
| Long-term debt (incl. current portion) | — | — | — | $5.49B |
| Total debt | — | — | — | $5.49B |
| Total assets | $50.66B | $36.25B | $30.07B | $19.01B |
| Total liabilities | $40.17B | $29.73B | $24.52B | $13.48B |
| Shareholders' equity | $10.49B | $6.53B | $5.23B | $5.21B |
| Shares outstanding | 1.27B | 1.10B | 975.9M | 933.9M |
From XBRL data in SEC filings. Small figures under each value: change vs the same period a year earlier. d = derived (e.g. Q4 = full year − first nine months).
NewsFull archive →
SoFi raises 2026 adjusted net revenue guidance to $4.75 billion to $4.85 billion after record Q2
SoFi reported second-quarter 2026 GAAP net revenue of $1.22 billion, up 43%, and net income of $156.6 million.
SoFi reports fiscal Q2 2026 results: revenue $153.6M, up 1% from a year earlier
SoFi filed a Form 8-K with the SEC on Jul 29, 2026, 7:06 AM ET, reporting an event dated Jul 29, 2026.
SoFi posts record Q1 2026 originations and keeps full-year revenue outlook at about $4.655 billion
SoFi reported first-quarter 2026 GAAP net revenue of $1.10 billion, up 43%, and net income of $166.7 million, up 134%.
SoFi signs Loan Platform Business agreements worth over $3.6 billion with a global bank, an insurer and an asset manager
SoFi announced new Loan Platform Business agreements totaling over $3.6 billion of expected personal loan volume.
SoFi reports record Q4 2025 results and guides 2026 adjusted net revenue to about $4.655 billion
SoFi reported fourth-quarter 2025 GAAP net revenue of $1.03 billion, up 40%, and adjusted net revenue of $1.01 billion, up 37%.
SoFi reports fiscal Q3 2025 results: revenue $156.8M, up 19% from a year earlier
SoFi filed a Form 8-K with the SEC on Oct 28, 2025, 7:03 AM ET, reporting an event dated Oct 28, 2025.
SEC filings
| Sep 23, 26 | 4 | Form 4: Keough Kelli (EVP, GBUL, SIPS) — open-market sale 10,203 sh | sec.gov ↗ |
| Sep 23, 26 | 4 | Form 4: Rishel Jeremy (Chief Technology Officer) — open-market sale 18,624 sh | sec.gov ↗ |
| Sep 21, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 21, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Keough Kelli (EVP, GBUL, SIPS) — option exercise 127,867 sh, tax withholding 66,033 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Lapointe Christopher (CFO and PAO) — option exercise 104,152 sh, tax withholding 59,341 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Lavet Robert S (General Counsel) — option exercise 36,057 sh, tax withholding 14,414 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Noto Anthony (Chief Executive Officer, Director) — option exercise 345,554 sh, tax withholding 188,259 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Pinto Arun (Chief Risk Officer) — option exercise 21,174 sh, tax withholding 11,838 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Rishel Jeremy (Chief Technology Officer) — option exercise 77,935 sh, tax withholding 41,750 sh | sec.gov ↗ |
| Sep 16, 26 | 4 | Form 4: Schuppenhauer Eric (EVP GBUL Borrow) — option exercise 6,493 sh, tax withholding 2,757 sh | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Aug 24, 26 | 4 | Form 4: Keough Kelli (EVP, GBUL, SIPS) — open-market sale 11,286 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Schuppenhauer Eric (EVP GBUL Borrow) — option exercise 55,731 sh, tax withholding 23,720 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Pinto Arun (Chief Risk Officer) — option exercise 45,389 sh, tax withholding 25,118 sh | sec.gov ↗ |
| Aug 18, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Aug 18, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Aug 6, 26 | 10-Q | 10-Q: Quarterly report for the period ended Jun 30, 2026 | sec.gov ↗ |
| Jul 29, 26 | 8-K | 8-K: Results of Operations (Item 2.02) | sec.gov ↗ |
| Jul 27, 26 | 4 | Form 4: HUTTON GEORGE THOMPSON (Director) — derivative/holdings only | sec.gov ↗ |
| Jul 27, 26 | 4 | Form 4: Ruzwana Bashir (Director) — derivative/holdings only | sec.gov ↗ |
Insider trades, 12 months
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-21 | Rishel Jeremy Chief Technology Officer | Sale 10b5-1 plan | 18.6K | $17.50 | $325.9K |
| 2026-09-21 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 10.2K | $16.99 | $173.3K |
| 2026-08-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 11.3K | $18.00 | $203.2K |
| 2026-07-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 11.0K | $17.19 | $188.3K |
| 2026-06-22 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 11.0K | $17.35 | $190.1K |
| 2026-06-18 | Lavet Robert S General Counsel | Sale | 1.2K | $17.55 | $20.8K |
| 2026-06-17 | Rishel Jeremy Chief Technology Officer | Sale 10b5-1 plan | 102.1K | $17.78 | $1.8M |
| 2026-06-16 | Noto Anthony Chief Executive Officer, Director | Buy | 13.9K | $18.06 | $250.8K |
| 2026-05-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 10.0K | $15.53 | $155.9K |
| 2026-05-11 | Noto Anthony Chief Executive Officer, Director | Buy | 15.5K | $16.00 | $248.8K |
| 2026-05-08 | Noto Anthony Chief Executive Officer, Director | Buy | 15.9K | $15.73 | $249.8K |
| 2026-04-21 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 9.7K | $19.25 | $187.6K |
| 2026-03-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 9.7K | $16.94 | $165.1K |
| 2026-03-18 | Rishel Jeremy Chief Technology Officer | Sale 10b5-1 plan | 95.0K | $17.43 | $1.7M |
| 2026-03-17 | Noto Anthony Chief Executive Officer, Director | Buy | 28.9K | $17.32 | $500.5K |
| 2026-03-02 | Noto Anthony Chief Executive Officer, Director | Buy | 56.0K | $17.88 | $1.0M |
| 2026-02-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 9.8K | $18.87 | $184.1K |
| 2026-02-06 | Lavet Robert S General Counsel | Buy | 5.0K | $21.04 | $105.2K |
| 2026-02-06 | Freiberg Steven J Director | Sale | 94.2K | $20.31 | $1.9M |
| 2026-02-05 | Schuppenhauer Eric EVP GBUL Borrow | Buy | 5.0K | $19.93 | $99.7K |
| 2026-01-20 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 9.5K | $25.75 | $243.8K |