SoFi Technologies SOFI Q2 2026: EPS beats by 10%, revenue tops $1.2 billion
As seen on the 24/7 Wall St. homepage on July 29, 2026.
SoFi crushed both EPS and revenue while lifting full-year guidance on record $14.8 billion in loan originations and 61% surge in net income, marking a recovery signal for the fintech stock down 40% year to date. CEO Anthony Noto flagged the "major milestone" of adding twice as many products as members, a sign the everything-app strategy is deepening member stickiness.
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SoFi reported Q2 2026 earnings per share of $0.12, roughly 10% above the $0.1092 consensus estimate, while revenue came in at $1.22 billion against expectations of about $1.13 billion — an 8% beat. The quarter was underpinned by a record $14.8 billion in loan originations and a 61% surge in net income, strong enough for management to raise its full-year guidance.
The results extend a consistent streak of upside surprises. Going back to Q3 2024, SoFi has beaten the EPS estimate in every single quarter charted, and the absolute earnings figure has climbed from $0.05 to $0.12 over that span. CEO Anthony Noto described it as a 'major milestone' that the company is now adding twice as many products as members, which he views as evidence that its everything-app model is deepening engagement rather than simply growing headcount.
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Despite the strong print, SOFI shares remain down roughly 40% year to date, meaning the results land against a backdrop of sustained selling pressure. Investors will be watching whether the raised guidance and record originations volume are enough to shift that longer-term trend, or whether the stock continues to trade well below where it began the year.
Mentioned: SOFI