SoFi Q2 Earnings: Record Revenue, Raised Guidance, and Accelerating Member Growth

summarizeSummary

SoFi reported record Q2 2026 results with $1.2 billion in adjusted net revenue, $358 million in adjusted EBITDA, and raised its full-year revenue guidance to $4.75–$4.85 billion. Member growth accelerated to 35% year-over-year, and product additions hit a record 2.2 million, driven by deepening engagement and the Financial Services Productivity Loop.

check_boxKey Events · Earnings and Guidance · SOFI

• Record Revenue and Profitability

  Q2 adjusted net revenue reached $1.2 billion, up 40% YoY, with adjusted EBITDA of $358 million (44% growth) and GAAP net income of $157 million, or $0.12 per diluted share.

• Raised Full-Year Revenue Guidance

  Management increased 2026 adjusted net revenue guidance to $4.75–$4.85 billion, implying 32–35% annual growth, while maintaining adjusted EBITDA guidance of ~$1.6 billion.

• Accelerating Member and Product Growth

  Members grew 35% YoY to a record 15.8 million, with a record 2.2 million new products added — the first quarter where product additions doubled member additions, reflecting deepening cross-buy.

• Record Loan Originations and Strong Credit

  Total originations hit a record $14.8 billion, up 69% YoY, driven by personal, student, and home loans. Credit performance remained strong, with personal loan annualized net charge-off rate improving to 2.62%.

auto_awesomeAnalysis · SOFI · Finance

SoFi delivered a standout quarter with record revenue, record member and product growth, and raised full-year guidance. Adjusted net revenue surged 40% to $1.2 billion, adjusted EBITDA jumped 44% to $358 million, and the company added 1.1 million new members — all while maintaining strong credit performance. The raised revenue outlook signals management's confidence in sustained momentum, even amid market uncertainty. This quarter marks a clear inflection point in cross-buy and product engagement, with products per member hitting an all-time high.