Q1 25 EPS
$0.06
BEAT +93.55%
Est. $0.03
Q1 25 Revenue
$771.8M
BEAT +4.45%
Est. $738.9M
vs S&P Since Q1 25
-8.4%
TRAILING MARKET
SOFI +21.6% vs S&P +30.0%
Market Reaction
Did SOFI Beat Earnings? Q1 2025 Results
SoFi Technologies kicked off 2025 with a standout quarter, posting Q1 GAAP diluted EPS of $0.06 against a consensus estimate of $0.03, a beat of 93.55%, while revenue of $771.76 million cleared expectations by 4.45%. The driving force behind the outp… Read more SoFi Technologies kicked off 2025 with a standout quarter, posting Q1 GAAP diluted EPS of $0.06 against a consensus estimate of $0.03, a beat of 93.55%, while revenue of $771.76 million cleared expectations by 4.45%. The driving force behind the outperformance was a Financial Services segment that more than doubled revenue to $303.12 million, fueled by explosive Loan Platform Business growth and interchange fees up 90% year over year, helping lift adjusted EBITDA to a record $210.34 million at a 27% margin. Member growth was equally striking, with a record 800,000 new additions bringing total membership to 10.9 million, up 34% annually. Credit quality continued to improve, with personal loan charge-off rates edging down to 3.31%. Management responded to the momentum by raising full-year 2025 guidance, now targeting adjusted net revenue of $3.23 to $3.31 billion and GAAP EPS of $0.27 to $0.28, though some observers note that the lagging Technology Platform, up just 10% to $103.43 million, remains the key hurdle to a premium valuation.
Key Takeaways
- • Record 800,000 new members in Q1, total reaching 10.9 million (up 34% YoY)
- • Fee-based revenue up 67% YoY to record $315.4 million
- • Net interest income up 24% YoY to $498.7 million driven by 23% growth in average interest-earning assets and 82 bps decrease in cost of funds
- • Financial Services segment revenue more than doubled YoY driven by SoFi Money, Loan Platform Business expansion, and SoFi Invest innovations
- • Record loan origination volume of $7.2 billion up 66% YoY
- • Interchange fee revenue up 90% YoY from nearly $16 billion annualized spend
- • Net interest margin expanded 10 bps sequentially to 6.01%
- • Total deposits grew to $27.3 billion with over 90% from direct deposit members
SOFI YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
SOFI Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are off to a tremendous start in 2025. In Q1, we delivered durable growth and strong returns driven by our relentless focus on product innovation and brand building.”
— Anthony Noto, Q1 2025 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% |