Particle.news
Download on the App Store

SoFi Posts First $1 Billion Quarter, Issues Upbeat 2026 Outlook

Rapid growth in fee-based services signals progress in the pivot beyond lending.

SoFi logo in this illustration taken November 27, 2025. REUTERS/Dado Ruvic/Illustration

Overview

  • Q4 adjusted net revenue reached $1.01 billion, up 37% year over year, with adjusted EPS of $0.13 topping the $0.11 consensus.
  • Total loan originations hit a record $10.5 billion, including $7.5 billion in personal loans and $1.1 billion in home loans.
  • Financial services revenue rose 78% to $456.7 million as fee income expanded its share of the business.
  • SoFi added 1 million members in the quarter for a total of 13.7 million, and CEO Anthony Noto said credit performance tracked expectations.
  • Guidance calls for about $4.66 billion in 2026 adjusted net revenue and at least 30% growth through 2028, while shares gained pre-market as investors weighed dilution from a recent $1.5 billion equity raise and options pricing pointed to heightened volatility.