Jun 2026 (Q2 FY26) — Jul 29, 2026
SoFi Q2 FY26 — Record Growth, Profitability, and Strategic Product Inflection
Read the full callSoFi (SOFI) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
SoFi earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 154 | +1.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 157 | +61.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
45 of 45 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Launch new SoFi Bank core banking platform | complete implementation this summer / July 1 launch | Mar 2026 | We've begun onboarding SoFi Money to our new modern foundinated banking core, fully developed by STS and purpose-built for U.S. regulated banking environments. The platform will soon be available to other banks financial institutions and brand partners. This marks the first major U.S. bank to join the platform | Achieved |
| Full-year adjusted net revenue | approximately $4.655 billion (~30% YoY growth) | Dec 2025 | we now expect to deliver adjusted net revenue of $4.75 billion to $4.85 billion, which equates to year-over-year growth of approximately 32% to 35%. This is up from our prior guidance of approximately 30% year-over-year growth. | Revised Up |
| Full-year adjusted EBITDA | approximately $1.6 billion (~34% margin) | Dec 2025 | We continue to expect to deliver adjusted EBITDA of approximately $1.6 billion, which equates to an adjusted EBITDA margin of approximately 33% to 34%. | On Track |
17 of SoFi Technologies, Inc.'s 62 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 59 more targets are in the full ledger.
Claimed
- Achieved 19th consecutive quarter exceeding the Rule of 40 with a score of 70 (40% revenue growth, 30% EBITDA margin).
- Added a record 1.1 million new members, increasing total members to 15.8 million (+35% YoY).
- Added a record 2.2 million new products, increasing total products to 24.4 million (+42% YoY).
- Cross-buy accelerated to 51% of new products opened by existing members, up from 35% in Q2 FY25.
- Adjusted net revenue grew 40% YoY to $1.2 billion, exceeding expectations.
Qualified
- Adjusted EPS of $0.12 included a negative impact of roughly $0.05 due to a higher-than-expected tax rate of 22%.
- Full-year adjusted EBITDA and EPS guidance were maintained despite a revenue raise, reflecting increased investments in growth opportunities.
Price
$15.09 +6.12% · +$0.87
Performance −45.9% 1Y
1Y: $27.87 on 14 Oct 2025 → $15.09. High $32.21 (12 Nov 2025), low $14.22 (14 Oct 2026).
- Previous close
- $14.22
- 52-week range
- $14.22 – $32.21
- One year
- −46.16%
Overview
- Symbol
- SOFI
- Sector
- Financials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
45 of 45 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Launch new SoFi Bank core banking platform | complete implementation this summer / July 1 launch | Mar 2026 | We've begun onboarding SoFi Money to our new modern foundinated banking core, fully developed by STS and purpose-built for U.S. regulated banking environments. The platform will soon be available to other banks financial institutions and brand partners. This marks the first major U.S. bank to join the platform | Achieved |
| Full-year adjusted net revenue | approximately $4.655 billion (~30% YoY growth) | Dec 2025 | we now expect to deliver adjusted net revenue of $4.75 billion to $4.85 billion, which equates to year-over-year growth of approximately 32% to 35%. This is up from our prior guidance of approximately 30% year-over-year growth. | Revised Up |
| Full-year adjusted EBITDA | approximately $1.6 billion (~34% margin) | Dec 2025 | We continue to expect to deliver adjusted EBITDA of approximately $1.6 billion, which equates to an adjusted EBITDA margin of approximately 33% to 34%. | On Track |
Claimed
- Achieved 19th consecutive quarter exceeding the Rule of 40 with a score of 70 (40% revenue growth, 30% EBITDA margin).
- Added a record 1.1 million new members, increasing total members to 15.8 million (+35% YoY).
- Added a record 2.2 million new products, increasing total products to 24.4 million (+42% YoY).
- Cross-buy accelerated to 51% of new products opened by existing members, up from 35% in Q2 FY25.
- Adjusted net revenue grew 40% YoY to $1.2 billion, exceeding expectations.
Qualified
- Adjusted EPS of $0.12 included a negative impact of roughly $0.05 due to a higher-than-expected tax rate of 22%.
- Full-year adjusted EBITDA and EPS guidance were maintained despite a revenue raise, reflecting increased investments in growth opportunities.
The full ledger
Open SoFi Technologies, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 62 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
SoFi Q1 FY26 — Record Growth, Profitability, and Strategic Innovation
Read the full callEvery analysed call
SoFi earnings calls (SOFI)
Financials
What the filings say
Net profit, year on year: +61% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 131 | 136 | 140 | 152 | 157 | 170 | 130 | 154 |
| Profit before tax | 64 | 60 | 80 | 112 | 149 | 185 | 200 | 204 |
| Tax rate | 4.9% | −454.8% | 10.9% | 13.3% | 6.2% | 6.4% | 16.4% | 23.4% |
| Net profit | 61 | 332 | 71 | 97 | 139 | 174 | 167 | 157 |
| EPS ($ per share) | 0.06 | — | 0.06 | 0.09 | 0.12 | — | 0.13 | 0.12 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -699 | -1,183 | -1,504 | -1,804 | -1,306 | -824 |
| Total liabilities | — | 5,510 | 4,479 | 13,479 | 24,520 | 29,726 | 40,171 |
| Fixed assets | — | 81 | 112 | 170 | 217 | 288 | 416 |
| Total assets | — | 8,563 | 9,176 | 19,008 | 30,075 | 36,251 | 50,660 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -55 | -479 | -1,350 | -7,256 | -7,227 | -1,120 | -3,742 |
| Cash from investing | 115 | 259 | 110 | -106 | -1,890 | -4,821 | -6,719 |
| Cash from financing | 93 | 854 | 685 | 8,439 | 10,886 | 5,035 | 13,109 |
| Net cash flow | 153 | 633 | -555 | 1,078 | 1,769 | -906 | 2,647 |
| Capital expenditure | -38 | -25 | -52 | -93 | -111 | -154 | -242 |
| Free cash flow | -92 | -504 | -1,402 | -7,349 | -7,339 | -1,274 | -3,985 |
SOFI revenue by segment
Financial Services grew from 31% to 64% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Financial Services | 31% | 35% | 38% | 40% | 43% | 45% | 62% | 64% | +59.8% |
| Technology Platform | 69% | 65% | 62% | 60% | 57% | 55% | 38% | 36% | -38.7% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
SOFI operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Total members | 14.7MIn Q1, we once again added a record number of new members at 1.1 million new members, increasing total members by 35% year-over-year to 14.7 million.Source: earnings call transcript | 15.8MWe added a record 1.1 million new members in Q2, increasing total numbers 35% year-over-year to a total of 15.8 million members.Source: earnings call transcript | +7.5% |
| New member additions | 1.1MIn Q1, we once again added a record number of new members at 1.1 million new members, increasing total members by 35% year-over-year to 14.7 million.Source: earnings call transcript | 1.1MWe added a record 1.1 million new members in Q2, increasing total numbers 35% year-over-year to a total of 15.8 million members.Source: earnings call transcript | 0% |
| New products added | 1.8MWe also added a record 1.8 million new products in Q1, increasing total products by 39% year-over-year.Source: earnings call transcript | 2.2MWe added a record 2.2 million new products in Q2 and increasing total products by 42% year-over-year to 24.4 million products.Source: earnings call transcript | +22.2% |
| Total products | 22.2MWe now have 22.2 million products.Source: earnings call transcript | 24.4MWe added a record 2.2 million new products in Q2 and increasing total products by 42% year-over-year to 24.4 million products.Source: earnings call transcript | +9.9% |
| Total capital ratio | 21%Our total capital ratio of 21% at quarter end is well above the regulatory minimum of 10.5% as well as our additional internal stress buffer.Source: earnings call transcript | 18.8%Our total capital ratio of 18.8% at quarter end is well above the regulatory minimum of 10.5% as well as our additional internal stress buffer.Source: earnings call transcript | -2.2 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
147 filings between Oct 20, 2025 and Sep 21, 2026.
Open market
decisions to buy or sellPurchases
$2.46M
7 purchases by 3 insiders
Sales
$11.83M
19 sales by 5 insiders
89% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 2
- Award — granted as compensation
- 78
- Option exercise — converted options into shares
- 37
- Tax withheld — shares kept back by the company to cover tax
Also filed: 4 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Rishel Jeremy | — | $6.24M | Sep 21, 2026 |
| Keough Kelli | — | $2.51M | Sep 21, 2026 |
| Noto Anthony | $2.25M | — | Jun 16, 2026 |
| Freiberg Steven J | — | $1.91M | Feb 6, 2026 |
| Pinto Arun | — | $1.14M | Nov 21, 2025 |
| Lavet Robert S | $105.2K | $20.8K | Jun 18, 2026 |
| Schuppenhauer Eric | $99.7K | — | Feb 5, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 21, 2026 | Rishel Jeremy Chief Technology Officer | Sale 10b5-1 plan | 18,624 | $325.9K |
| Sep 21, 2026 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 10,203 | $173.3K |
| Sep 15, 2026 | Rishel Jeremy Chief Technology Officer | Tax withheld | 41,750 | $721.4K |
| Sep 15, 2026 | Pinto Arun Chief Risk Officer | Tax withheld | 11,838 | $204.5K |
| Sep 15, 2026 | Lavet Robert S General Counsel | Tax withheld | 14,414 | $249.1K |
| Sep 15, 2026 | Schuppenhauer Eric EVP GBUL Borrow | Tax withheld | 2,757 | $47.6K |
| Sep 15, 2026 | Keough Kelli EVP, GBUL, SIPS | Tax withheld | 66,033 | $1.14M |
| Sep 14, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise | 37,824 | — |
| Sep 14, 2026 | Lavet Robert S General Counsel | Option exercise | 36,057 | — |
| Sep 14, 2026 | Noto Anthony Chief Executive Officer | Tax withheld | 188,259 | $3.26M |
| Sep 14, 2026 | Lapointe Christopher CFO and PAO | Tax withheld | 59,341 | $1.03M |
| Sep 14, 2026 | Lapointe Christopher CFO and PAO | Option exercise | 52,954 | — |
| Sep 14, 2026 | Lapointe Christopher CFO and PAO | Option exercise | 14,609 | — |
| Sep 14, 2026 | Noto Anthony Chief Executive Officer | Option exercise | 154,197 | — |
| Sep 14, 2026 | Pinto Arun Chief Risk Officer | Option exercise | 11,434 | — |
| Sep 14, 2026 | Keough Kelli EVP, GBUL, SIPS | Option exercise | 13,067 | — |
| Sep 14, 2026 | Schuppenhauer Eric EVP GBUL Borrow | Option exercise | 6,493 | — |
| Sep 14, 2026 | Pinto Arun Chief Risk Officer | Option exercise | 9,740 | — |
| Sep 14, 2026 | Keough Kelli EVP, GBUL, SIPS | Option exercise | 82,643 | — |
| Sep 14, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise | 28,748 | — |
| Sep 14, 2026 | Lapointe Christopher CFO and PAO | Option exercise | 36,589 | — |
| Sep 14, 2026 | Keough Kelli EVP, GBUL, SIPS | Option exercise | 5,681 | — |
| Sep 14, 2026 | Noto Anthony Chief Executive Officer | Option exercise | 136,166 | — |
| Sep 14, 2026 | Keough Kelli EVP, GBUL, SIPS | Option exercise | 26,476 | — |
| Sep 14, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise | 11,363 | — |
| Sep 14, 2026 | Noto Anthony Chief Executive Officer | Option exercise | 55,191 | — |
| Aug 20, 2026 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 11,286 | $203.2K |
| Aug 18, 2026 | Pinto Arun Chief Risk Officer | Tax withheld | 25,118 | $452.2K |
| Aug 18, 2026 | Schuppenhauer Eric EVP GBUL Borrow | Tax withheld | 23,720 | $427.0K |
| Aug 17, 2026 | Pinto Arun Chief Risk Officer | Option exercise | 45,389 | — |
| Aug 17, 2026 | Schuppenhauer Eric EVP GBUL Borrow | Option exercise | 55,731 | — |
| Jul 20, 2026 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 10,954 | $188.3K |
| Jun 22, 2026 | Keough Kelli EVP, GBUL, SIPS | Sale 10b5-1 plan | 10,954 | $190.1K |
| Jun 18, 2026 | Lavet Robert S General Counsel | Sale | 1,188 | $20.8K |
| Jun 17, 2026 | Meltzer Gary Director | Option exercise | 2,823 | — |
| Jun 17, 2026 | Lavet Robert S General Counsel | Option exercise | 2,823 | — |
| Jun 17, 2026 | Rishel Jeremy Chief Technology Officer | Sale 10b5-1 plan | 102,123 | $1.82M |
| Jun 16, 2026 | Pinto Arun Chief Risk Officer | Tax withheld | 11,029 | $194.2K |
| Jun 16, 2026 | Lavet Robert S General Counsel | Tax withheld | 14,914 | $262.6K |
| Jun 16, 2026 | Rishel Jeremy Chief Technology Officer | Tax withheld 10b5-1 plan | 155,605 | $2.74M |
| Jun 16, 2026 | Schuppenhauer Eric EVP GBUL Borrow | Tax withheld | 2,509 | $44.2K |
| Jun 16, 2026 | Keough Kelli EVP, GBUL, SIPS | Tax withheld | 61,479 | $1.08M |
| Jun 16, 2026 | Noto Anthony Chief Executive Officer | Purchase | 13,888 | $250.8K |
| Jun 15, 2026 | Pinto Arun Chief Risk Officer | Option exercise | 9,739 | — |
| Jun 15, 2026 | Pinto Arun Chief Risk Officer | Option exercise | 11,434 | — |
| Jun 15, 2026 | Noto Anthony Chief Executive Officer | Option exercise | 136,165 | — |
| Jun 15, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise 10b5-1 plan | 11,362 | — |
| Jun 15, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise 10b5-1 plan | 28,749 | — |
| Jun 15, 2026 | YESIL MAGDALENA Director | Gift | 433,104 | $0 |
| Jun 15, 2026 | Rishel Jeremy Chief Technology Officer | Option exercise 10b5-1 plan | 271,751 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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