Q1 26 EPS
$0.12
Q1 26 Revenue
$1.10B
BEAT +4.87%
Est. $1.05B
vs S&P Since Q1 26
-12.3%
TRAILING MARKET
SOFI -11.0% vs S&P +1.3%
Market Reaction
Did SOFI Beat Earnings? Q1 2026 Results
SoFi Technologies kicked off 2026 with a clean beat on the top line, reporting first-quarter revenue of $1.10 billion, up 6.1% year-over-year and ahead of the $1.05 billion consensus by nearly 5%, while earnings per share of $0.12 matched the Street'… Read more SoFi Technologies kicked off 2026 with a clean beat on the top line, reporting first-quarter revenue of $1.10 billion, up 6.1% year-over-year and ahead of the $1.05 billion consensus by nearly 5%, while earnings per share of $0.12 matched the Street's estimate exactly, extending the company's streak of meeting or beating EPS consensus to four consecutive quarters. The real story was the lending engine, where record loan originations of $12.18 billion, up 68% year-over-year, drove segment net revenue 55% higher and helped push GAAP net income to $166.73 million, more than doubling the $71.12 million earned in the prior-year period. Adjusted EBITDA reached $339.90 million at a 31% margin, supported by deposit growth to $40.24 billion that now funds over 90% of liabilities. Looking ahead, management guided for full-year 2026 adjusted net revenue of approximately $4.66 billion, reflecting roughly 30% growth, with adjusted EPS of approximately $0.60 and member growth of at least 30%.
Key Takeaways
- • Record loan originations of $12.2 billion, up 68% year-over-year
- • Net interest income of $693 million, up 39% year-over-year driven by 41% increase in average interest-earning assets
- • Deposits grew $2.7 billion to $40.2 billion, comprising over 90% of average total liabilities
- • 48 basis point decrease in cost of funds
- • Interchange fee revenue up 54% year-over-year
- • Brokerage fee revenue more than doubled year-over-year
- • Cross-buy accelerated to 43% of new products from existing members
- • Loan Platform Business added $3.6 billion of commitments with three new partners
SOFI Forward Guidance & Outlook
For Q2 2026, management expects adjusted net revenue growth of approximately 30%, an adjusted EBITDA margin of approximately 30%, and an adjusted net income margin of approximately 12%-13%. For full-year 2026, management expects total members to increase by at least 30% year-over-year, adjusted net revenue of approximately $4.655 billion (approximately 30% annual growth), adjusted EBITDA of approximately $1.6 billion (approximately 34% margin), adjusted net income of approximately $825 million (approximately 18% margin), and adjusted EPS of approximately $0.60 per share.
SOFI YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
SOFI Revenue by Segment
With YoY comparisons, source: SEC Filings
“We had an excellent Q1 delivering another quarter of durable growth and strong returns, fueled by our relentless focus on innovation and brand building. Members grew 35% and products increased 39%, with 43% of new products coming from existing members, as more people choose SoFi as their trusted partner for major financial decisions and all the days in between.”
— Anthony Noto, Q1 2026 Earnings Press Release
SOFI Earnings Trends
SOFI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SOFI EPS Trend
Earnings per share: estimate vs actual
SOFI Revenue Trend
Quarterly revenue: estimate vs actual
SOFI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.12 | — | $1.10B | +4.87% |
| Q4 25 BEAT FY | $0.11 | $0.13 | +18.18% | $1.03B | +736.97% |
| FY Full Year | $0.36 | $0.39 | +7.26% | $3.61B | +1.59% |
| Q3 25 BEAT | $0.08 | $0.11 | +33.50% | $961.6M | +7.44% |
| Q2 25 BEAT | $0.06 | $0.08 | +34.23% | $854.9M | +6.29% |
| Q1 25 BEAT | $0.03 | $0.06 | +93.55% | $771.8M | +4.45% |