SoFi Technologies (SOFI) Q2 2025 Earnings
How Did SOFI Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +2.15%.
Did SOFI Beat Earnings? Q2 2025 Results
Yes. SoFi Technologies reported Q2 2025 earnings of $0.08 a share on Jul 29, 2025, beating the $0.06 consensus estimate by 34.2%. Revenue was $854.9M against a $804.4M estimate.
SoFi Technologies delivered a standout second quarter of 2025, posting earnings per share of $0.08 against a consensus estimate of $0.06, a beat of 34.23%, while revenue of $854.94 million topped expectations of $804.36 million by 6.29%. The driving force behind the quarter was the rapid expansion of fee-based revenue, which climbed 72% year-over-year to a record $377.50 million, reflecting SoFi's deliberate pivot away from balance-sheet lending toward higher-margin, capital-light income streams. The Loan Platform Business alone originated $2.40 billion in third-party loans during the period, running at an annualized pace exceeding $9.50 billion. Member growth reinforced the momentum, with total members reaching 11.7 million, up 34% year-over-year. Management responded to the strong results by raising full-year 2025 adjusted net revenue guidance to approximately $3.38 billion, implying roughly 30% annual growth, alongside a GAAP net income target of approximately $370 million and EPS of approximately $0.31 per share.
- Fee-based revenue up 72% YoY to record $377.5 million
- Loan Platform Business originated $2.4 billion in loans on behalf of third parties, up 57% sequentially
- Net interest income up 26% YoY to $517.8 million driven by 24% increase in average interest-earning assets and 77 bps decrease in cost of funds
- Record 850,000 new members in the quarter, bringing total to 11.7 million
- Financial Services revenue per product up over 50% YoY
- Interchange fee revenue up 83% YoY driven by ~$18 billion annualized spend
- Personal loan annualized charge-off rate decreased from 3.31% to 2.83%
- Total deposits grew to $29.5 billion with ~90% from direct deposit members
- Unaided brand awareness reached all-time high of 8.5%
“We had an exceptional second quarter, driving durable growth and strong returns through our relentless focus on product innovation and brand building.”
SoFi Technologies CEO, on the earnings call
What Was SoFi Technologies's Outlook in Q2 2025?
Management raised full-year 2025 guidance significantly. Adjusted net revenue is now expected at approximately $3.375 billion (up from prior range of $3.235-$3.310 billion), implying approximately 30% annual growth. Adjusted EBITDA is expected at approximately $960 million (up from $875-$895 million), representing a 28% EBITDA margin. GAAP net income is expected at approximately $370 million (up from $320-$330 million). GAAP EPS is expected at approximately $0.31 per share (up from $0.27-$0.28). The company expects tangible book value growth of approximately $640 million and at least 3.0 million new members in 2025, representing approximately 30% growth from 2024 levels. Guidance assumes a 26% tax rate for the remainder of the year.
SOFI YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $854.9M | $860.6M | −0.7% |
| Net Income | $97.3M | $17.4M | +458.9% |
SOFI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.