Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
SoFi Technologies delivered its strongest financial performance in company history during Q2 FY2026, with total net revenue surging 43% year-over-year to $1.2 billion, fueled by robust demand across its lending and financial services segments. The growth was primarily driven by a 52% increase in net interest income from balance sheet loan originations and sustained momentum in the Loan Platform Business, which generated $140.9 million in fees. While the Lending and Financial Services segments expanded contribution profit by 63% and 13%, respectively, the Technology Platform segment revenue declined 23% due to the prior exit of a large client. Member growth remained a bright spot, with total members up 35% to over 15.8 million, underscoring the effectiveness of the Financial Services Productivity Loop.
Revenue
$153.58M
+1.11% YoY
EPS (Diluted)
$0.12
+50.00% YoY
Source: SEC XBRL
SoFi Technologies (SOFI) reported Q2 FY2026 revenue of $153.58M, up 1.1% year over year. SOFI's fiscal Q2 FY2026 corresponds to calendar Q2 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026This filing | 0.12 | 0.11 | Beat +6.9% |
| Mar 2026 | 0.12 | 0.12 | Miss -1.2% |
| Dec 2025 | 0.13 | 0.12 | Beat +9.7% |
| Sep 2025 | 0.11 | 0.08 | Beat +32.5% |
Reported EPS of $0.12 versus the $0.11 analyst consensus — a +6.9% beat for Jun 2026.
3 reported segments · SEC XBRL
Segment revenue totals $1.28B; with -$56.91M of reconciling items (corporate, unallocated and eliminations) it ties to the $1.22B of consolidated revenue on the income statement.
Compiled by AI from 10-Q Item 2 of this filing
Lending segment contribution profit surged 63% to $399.0 million, driven by a 69% increase in loan origination volumes and robust net interest income growth as the company held more loans on balance sheet.
Source: 10-Q Item 2 MD&A
Financial Services segment net revenue grew 29% to $466.3 million, with net interest income up 29% from consumer deposit growth and loan platform fees reaching $140.9 million from personal loans originated for third parties.
Source: 10-Q Item 2 MD&A
Technology Platform net revenue fell 23% to $84.5 million, and total enabled client accounts dropped from 160 million to 135 million, reflecting the full transition off the platform by a large client prior to December 2025.
Source: 10-Q Item 2 MD&A
Total members increased 35% year-over-year to over 15.8 million, while total products grew 42% to nearly 24.4 million, indicating strong cross-selling and platform engagement.
Source: 10-Q Item 2 MD&A
SoFi Plus was relaunched as a paid subscription model with enhanced benefits, and the company introduced SoFi HELOC and acquired Peach and Composer to expand technology and investment capabilities.
Source: 10-Q Item 2 MD&A
Compiled by AI from this SEC filing · 1 high, 3 medium, 1 low
The issuance and operation of SoFiUSD exposes the company to evolving regulatory frameworks, potential licensing requirements under the GENIUS Act, and complex compliance challenges related to anti-money laundering and sanctions. Operational risks include reliance on third-party service providers, liquidity pressures from redemption demands, and the need to maintain a stable value, any of which could damage reputation and financial condition.
Source: 10-Q Item 1A Risk Factors
Rapid growth in loan originations and increased balance sheet holdings expose SoFi to higher credit losses if economic conditions deteriorate or underwriting models prove inadequate. The provision for credit losses rose 37% in Q2, reflecting portfolio expansion.
Source: 10-Q Item 2 MD&A
The Technology Platform segment's revenue declined 23% due to the loss of a single large client, highlighting the concentration risk and potential volatility in this business line.
Source: 10-Q Item 2 MD&A
As a lender and deposit-taking institution, SoFi's net interest income and margin are sensitive to interest rate changes; a rise in funding costs or inability to pass on rates to borrowers could compress profitability.
Source: 10-Q Item 2 MD&A
SoFi self-insures for certain medical benefits up to stop-loss limits, and actual claims may exceed accruals based on estimates of incurred but not reported losses, potentially affecting financial results.
Source: 10-Q Item 1A Risk Factors
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $M | 153.58 $M | 151.89 $M | +1.11% |
Cost of Revenue $M | 200.14 $M | 150.44 $M | +33.04% |
Net Income $M | 156.59 $M | 97.26 $M | +61.00% |
EPS (Basic) $ | 0.12 $ | 0.09 $ | +33.33% |
EPS (Diluted) $ | 0.12 $ | 0.08 $ | +50.00% |
R&D Expense $M | 191.28 $M | 152.15 $M | +25.72% |
Answers draw on this SEC filing and the data on this page
Expected release date, analyst estimates & what to watch
SoFi Technologies reported Q1 2026 net income of $166.7M (+134.4% YoY) driven by strong balance sheet growth, though revenue declined 7.7% and operating cash flow turned sharply negative at -$2.31B.
SoFi Technologies delivered 23.1% revenue growth to $619.4M in FY2025, achieved a 77.7% net margin driven by a $481.3M net income, but saw operating cash outflows worsen sharply to -$3.74B as the balance sheet expanded 39.7% to $50.7B, reflecting aggressive loan origination and deposit growth.