SoFi Technologies, Inc. · 2026 Q2
ReportedJul 29, 2026
Period endedJun 30, 2026
Rule of 40-285
Consensus vs reported
EPS
BEAT +9%
$0.12
vs $0.11 expected
QoQ+0.0%
YoY+50.0%
Revenue
BEAT +8%
$1.22B
vs $1.13B expected
QoQ+10.8%
YoY+42.5%
QoQ and YoY are measured on the same basis as each panel's own consensus, so no panel compares two different measures.
Reported this quarter
Revenue
$1.22B
QoQ +10.8%
YoY +42.5%
EPS
$0.12
QoQ +0.0%
YoY +50.0%
Free Cash Flow
-$3.99B
QoQ -67.3%
YoY -160.6%
FCF Margin
-327.2%
QoQ -110.6 pp
YoY -148.2 pp
Each tile opens the full quarterly series. Download the numbers as CSV or JSON.
What we learned
- Revenue guidance went up and every profit line stayed exactly where it was. Full-year adjusted net revenue rose to $4.75–4.85B — 32–35% growth — while adjusted EBITDA ( $1.6B), adjusted net income ( $825M) and adjusted EPS (~$0.60) were all held unchanged .
- The cost line outran the revenue line. Sales and marketing rose 48% to $392.4M against revenue growth of 43%, and Financial Services contribution margin fell about 600 bps to 46% .
- The deposit base is now doing the work the capital markets used to. Deposits grew $5.3B to $45.5B , funding over 90% of average liabilities at 156 bps below warehouse facilities — roughly $712.6M of annualised interest-expense savings, and net interest income up 52%, faster than revenu…
- Cross-sell crossed a threshold worth naming. Products grew 42% to 24.4 million, with 2.2 million added against 1.1 million new members — the first quarter SoFi added twice as many products as members. 51% of new products came from existing members, up from 35%.
- The crypto line is a headline, not earnings. $134.3M of gross crypto transaction revenue netted to $1.2 million. Read against $14.8B of record originations, it is the clearest example in the release of a big number that carries almost no profit.
Coverage around this release
R40
Two Segments Named Platform Fell Off a Cliff in the Same Quarter. One Was the Plan, the Other Was a Customer Leaving.
News · Aug 3, 2026
R40
We Published Four Bank Capital Ratios in One Week. The Highest One Got the Most Sceptical Adjective.
News · Aug 3, 2026
R40
SoFi Did Not Join the S&P 500 in March. We Made the Case Twice and Asked Whether It Would — and Named the Company That Took the Slot.
News · Aug 2, 2026
R40
SoFi Q2 2026: Record $1.22B Revenue, Guidance Raised — Stock Falls 10% Anyway
News · Jul 29, 2026
Estimate against reported
Our published estimate
Reported EPS
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| 2024 Q3 | — | $0.05 | — |
| 2024 Q4 | — | $0.29 | — |
| 2025 Q1 | — | $0.06 | — |
| 2025 Q2 | — | $0.08 | — |
| 2025 Q3 | — | $0.11 | — |
| 2025 Q4 | — | $0.13 | — |
| 2026 Q1 | — | $0.12 | — |
| 2026 Q2 | $0.11 | $0.12 | +9% |
Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.
Sources & downloads
Company
Published by the company on the day of the release.
HTML
Earnings press release
Investor relations announcement
SEC filings
Filed with the SEC under CIK 1818874.
HTML
8-K results announcement
Filed Jul 29, 2026
HTM
Press release (EX-99.1)
Exhibit 99.1 to the 8-K
1.1 MB
HTML
Filing index
Every document in the 8-K submission
TXT
Complete submission
Raw archival text of the whole filing
JSON
Company facts (XBRL)
Every figure SOFI has reported to the SEC
R40 data
The numbers shown on this page, as we hold them.
CSV
This quarter (CSV)
Reported metrics for 2026 Q2, spreadsheet-ready
JSON
This quarter (JSON)
Metrics, dates and matched filings