SoFi Technologies Inc
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.53%.
Did SOFI Beat Earnings? Q3 2025 Results
SoFi Technologies delivered a blowout third quarter of 2025, posting adjusted EPS of $0.11 against a consensus estimate of $0.08, a 33.50% beat, while revenue of $961.60 million cleared the $895.01 million estimate by 7.44%, marking the company's eighth consecutive quarter of GAAP profitability. The standout driver was the explosive growth of SoFi's Financial Services segment, where fee-based revenue surged 50% year-over-year to a record $408.70 million, now annualizing above $1.60 billion, as the company's deliberate pivot toward capital-light, high-margin revenue streams gained undeniable traction. Total members reached 12.6 million, up 35% year-over-year, with record quarterly additions of 905,000, while personal loan charge-offs fell to a two-year low of 2.60%. <a href="https://247wallst.com/investing/2025/10/28/why-sofi-is-up-big-on-tuesday/">Shares rallied sharply</a> on the print, reflecting investor enthusiasm as management raised full-year 2025 adjusted net revenue guidance to approximately $3.54 billion and adjusted EPS guidance to $0.37, with plans to launch crypto trading and AI-powered financial tools adding further momentum to the growth narrative.
- Record fee-based revenue of $408.7 million, up 50% YoY, driven by Loan Platform Business growth
- Net interest income up 36% YoY to $585.1 million driven by 29% increase in average interest-earning assets and 76 basis point decrease in cost of funds
- Net interest margin expanded 27 basis points YoY to 5.84%
- Financial Services and Technology Platform segments combined generated $534.2 million of net revenue, up 57% YoY
- Record loan originations of $9.9 billion, up 57% YoY
- Cross-buy at highest level since 2022, with approximately 40% of new products opened by existing members
- Annualized revenue per Financial Services product of $104, up 29% YoY
- Deposits grew $3.4 billion to $32.9 billion with ~90% from direct deposit members
- Annualized interest expense savings of approximately $627.1 million from remixing funding base
“SoFi delivered an exceptional third quarter, fueled by the strength of our innovation and the power of our one-stop shop strategy.”
SoFi Technologies CEO, on the earnings call
Forward Guidance & Outlook
Management raised full-year 2025 guidance: adjusted net revenue of approximately $3.54 billion (up from $3.375 billion, implying ~36% annual growth), adjusted EBITDA of approximately $1.035 billion (up from $960 million, representing a 29% margin), adjusted net income of approximately $455 million (up from $370 million), and adjusted EPS of approximately $0.37 (up from $0.31). Management expects to add at least 3.5 million new members for the year (~34% growth from 2024). Tangible book value growth guidance was raised to approximately $2.5 billion (up dramatically from prior guidance of $640 million). SoFi plans to launch crypto trading later in 2025 and further AI innovations in 2026.
SOFI YoY Financials
SOFI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.