Financial Services
Price
$18.24
-1.08%Market Cap
$23.4B
Day High
$19.19
Day Low
$17.77
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.
Key risk: Negative Operating Cash Flow
Operating cash flow turned deeply negative at -$2.31B in Q1 2026, a dramatic reversal from +$21.5M in Q1 2025. This reflects heavy capital deployment into loans and assets, which could strain liquidity if financing conditions tighten.