SoFi Q2 adjusted revenue beats on member and product growth
SOFI•Q2 adjusted revenue and profit rise
SoFi's Q2 adjusted net revenue rose 40%, beating analyst expectations. Q2 net income climbed 61% year over year, with record loan originations and strong member growth.
| 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 |
Guidance raised for 2026 adjusted net revenue
SoFi raises 2026 adjusted net revenue guidance to $4.75 bln-$4.85 bln. The company maintains its 2026 adjusted EBITDA forecast at about $1.6 bln, with a margin of 33%-34%.
SoFi continues to expect 2026 adjusted net income of about $825 mln and adjusted EPS of $0.60.
Member, product and loan growth drive results
Member and product growth helped drive higher engagement and revenue. The company said record member and product additions, including a 35% increase in members and a 42% rise in products, supported results.
Record $14.8 bln in total loan originations, including personal, student, and home loans, also supported revenue growth.
Growth in origination fees, interchange and brokerage fee revenue, and higher net interest income contributed to results.
