SoFi Technologies delivered strong Q1 results with 42.6% revenue growth and rising profitability, despite missing analyst expectations. SOFI's member base and product adoption continue to accelerate, driven by innovation such as SoFi Crypto, SoFi Pay, and AI-powered SoFi Coach. Management guides for 28.8% revenue growth and significant EBITDA and EPS expansion in 2026, with further gains expected through 2028.
SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) has whipsawed investors over the past six months, riding from the low teens to a 52-week high of $32.73 before sliding back to the high teens.
SoFi Technologies, Inc. (SOFI) Q1 2026 Earnings Call Transcript
SoFi Technologies, Inc. delivered a strong Q1 '26 report, although the Fintech did not raise its FY 2026 guidance for either net revenue or adjusted EBITDA. SOFI added 1.055M new customers in Q1, raising the total to 14.7M and prompting me to up-grade my full-year customer estimate to ~18.5M. The Financial Services and Lending segments are both growing rapidly, with the platform seeing rapidly expanding EBITDA margins.
SoFi Technologies (NASDAQ: SOFI | SOFI Price Prediction) reported Q1 2026 results before the open on April 29, 2026, beating on revenue and meeting on EPS.
SoFi's first-quarter results point to a platform strategy that is no longer aspirational but measurable, as member growth, product adoption and cross-selling combine to deepen engagement across its ecosystem.
SoFi Technologies (NASDAQ:SOFI) shares fell more than 13% after the company issued underwhelming guidance despite a first quarter revenue beat. The fintech company reported first-quarter 2026 revenue of $1.1 billion, above analyst expectations of $1.05 billion and up 43% year-over-year.
SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly weaker-than-expected outlook for the current quarter. The financial services firm said it expects adjusted revenue growth of around 30% in the second quarter, just below analyst estimates of 31%.
SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.06 per share a year ago.
Shares of SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) are down roughly 9% in premarket trading on Wednesday, April 29, after the digital bank reported Q1 2026 results before market open (BMO).
The company didn't raise its full-year outlook despite beating expectations in the latest quarter.
SOFI heads into Q1 earnings with strong growth forecasts and a solid surprise history, but a negative ESP clouds expectations for another beat.