SoFi Technologies beat Q1'25 consensus estimates, driven by strong financial services and customer acquisition momentum. The Fintech added 789k new members in Q1, reaching 10.9M total customers, and grew its platform products by 1.17M to 15.9M. SoFi raised its FY 2025 guidance, now expecting 25.5% Y/Y revenue growth.
In this video, I will be going over SoFi Technologies' (SOFI 0.76%) first-quarter earnings report and key comments made by management during the earnings call. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Jeff Pierce returns to talk about SoFi Technologies (SOFI), which rallied Tuesday after seeing financial services grow more than 100%. He believes the stock is earning more respect on Wall Street through diversifying its business.
Fintech stocks SoFi Technologies Inc (NASDAQ:SOFI) and PayPal Holdings Inc (NASDAQ:PYPL) are in focus today, after both companies announced better-than-expected first-quarter earnings and revenue results.
SoFi Technologies posted first-quarter earnings results Tuesday (April 29) that showed continued growth in deposits and debit spending, as well as a roadmap to fee-based and broadened product offerings, as cross-selling accelerated across its platform.
After reporting its Q1 2025 results this morning, SoFi Technologies stock jumped up by ~9% in early trading. While some of these gains have faded already, the results provided further validation for our bullish investment thesis for SoFi. In this report, we review SoFi's Q1 2025 results, forward guidance, and long-term risk/reward.
While the top- and bottom-line numbers for SoFi Technologies (SOFI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
SoFi Technologies demonstrated impressive member and product growth in Q1. SoFi's top- and bottom-line results indicate turnaround potential, especially in the company's Lending segment.
SoFi Technologies shares gained on Tuesday after the financial technology firm reported better-than-expected quarterly results buoyed by strong demand for its loan products as well as retail trading business.
SoFi Technologies, Inc. (NASDAQ:SOFI ) Q1 2025 - Earnings Conference Call April 29, 2025 8:00 AM ET Company Participants Anthony Noto – CEO Chris Lapointe – CFO Conference Call Participants Andrew Jeffrey - William Blair Kyle Peterson - Needham and Co. Dan Dolev - Mizuho Jeff Adelson - Morgan Stanley Reggie Smith - JPMorgan Terry Ma - Barclays Operator Good morning. My name is Adam, and I will be your conference operator today.
SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.02 per share a year ago.
The financial-technology company also boosted its full-year outlook.