SoFi Raises 2026 Revenue Outlook After Record Q2 Loan Originations and Member Growth
SOFI is trading near its 52-week low of $14.92 (7.2% above the low).
Summary
SoFi delivered a strong Q2 beat and raised its full-year revenue guidance above consensus. Adjusted revenue surged 40% to a record $1.2 billion, driven by record loan originations of $14.8 billion and 35% member growth to 15.8 million. Net interest income jumped 52% to $788.2 million, and adjusted EPS of $0.12 topped estimates by a penny. The company now sees 2026 revenue of $4.75–$4.85 billion, above the $4.7 billion Street view. This follows a robust Q1 and the recent Composer acquisition, reinforcing SoFi's momentum in both lending and fee-based businesses. The raised outlook signals management confidence in sustained demand and credit quality despite macro uncertainty.
At the time of this announcement, SOFI was trading at $15.99 on NASDAQ in the Finance sector, with a market capitalization of approximately $21.5B. The 52-week trading range was $14.92 to $32.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.