SoFi Technologies, Inc. (SOFI) Form 8-K — Jul 29, 2026
SoFi Technologies reported record financial results for the second quarter of 2026, achieving GAAP net revenue of $1.22 billion, up 43% year-over-year, and net income of $157 million, up 61% year-over-year. The company also reported Adjusted EBITDA of $358 million, an increase of 44% from the prior year, marking the 19th consecutive quarter of achieving the Rule of 40. Member growth remained robust, increasing 35% year-over-year to 15.8 million members, while total products grew 42% to 24.4 million. Cross-buying accelerated, with 51% of new products opened by existing members, demonstrating the effectiveness of the company's 'everything app' strategy.
Key figures
- Eps
- 0.12
- Revenue
- 1218676000
- Guidance
- $4.75 billion to $4.85 billion
- Net Income
- 156592000
- Total Members
- 15800000
- Total Products
- 24400000
- Adjusted EBITDA
- 357821000
- Loan Originations
- 14798494000
- Adjusted Net Revenue
- 1205550000
Price after filing
Close on the filing date to close N calendar days later (from $16.88). Historical, not a forecast.
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