News

Record loan originations and 15.8 million members drive profitability milestone.

Earnings season is showing that consumers are still spending and paying their bills, as indicated by SoFi and Visa.

Shay Boloor, chief market strategist at Futrum Equities, said in a post on X that the market is overpricing credit risk and underpricing the platform even as its expanding platform turns each new member into multiple financial relationships.

It fell 13% after the report.

Morgan Stanley lowered the price target on SoFi to $15 from $16 and maintained an ‘Underweight’ rating on the shares, saying that while the Q2 revenue beat by 7%, growth is becoming more capital intensive.

SoFi delivered a strong Q2 earnings beat, but its unchanged profit outlook sent the stock tumbling. So, what should be your stance now?

SoFi delivered strong member growth in the second quarter.

SoFi Technologies expands its financial ecosystem with member growth, AI offerings, lending strength and a higher 2026 revenue outlook.

SoFi’s Q2 revenue came in at a record $1.21 billion, a growth of 43% from a year earlier, while Robinhood’s total net revenues came in at $1.31 billion, a 32% increase year-on-year.

The Federal Reserve held benchmark interest rates steady for a fifth consecutive session.

Moby summary of SoFi Technologies, Inc.'s Q2 2026 earnings call

SoFi Technologies Inc (SOFI) reports a 40% revenue increase and record loan originations, while navigating competitive challenges and reinvesting in growth.

SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on "Bloomberg Tech."

SoFi Beats on Revenue and Profit, but Investors Hit the Sell Button

SoFi Technologies (NASDAQ:SOFI) reported second-quarter 2026 results marked by 40% year-over-year adjusted net revenue growth, record loan originations and continued growth in members and products, while raising its full-year revenue outlook. Adjusted net revenue rose to $1.2 billion in the quarter

SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.

Sofi Technologies (NASDAQ:SOFI) reported second quarter 2026 results that exceeded Wall Street expectations for revenue and adjusted earnings, while raising its full-year revenue outlook as the financial technology company continued to expand its member base and product offerings. The company...

Record $1.2 billion quarter and 35% member growth, but EBITDA and EPS outlook left unchanged

SoFi raised its full-year 2026 revenue outlook to $4.75 billion to $4.85 billion, up from its earlier guidance of $4.66 billion.

Seagate’s earnings give rival Western Digital a boost, while SK Hynix’s results drag down rival Micron.

Sofi stock fell despite topping Q2 earnings and revenue estimates. The fintech raised its full-year 2026 revenue outlook.

The fintech's membership surged 35% to 15.8 million and total loan originations hit a record $14.8 billion in the second quarter

Fintech SoFi raised its 2026 revenue growth forecast above Wall Street expectations on Wednesday after posting a ‌market-beating second quarter, driven by record member growth and loan originations. Despite ‌an uncertain macroeconomic environment, elevated interest rates and high costs of living, credit quality has been ​stable thanks to resilient borrowers, allowing consumer lenders to continue growing their loan books and interest income. Fintech firms such as SoFi have emerged as credible challengers to traditional banking heavyweights.

Conflict in the Middle East escalated again – the U.S. said that Iranian forces had attacked the American military on Tuesday evening.

SoFi Technologies announced a multi-year partnership with Notre Dame Athletics as the department's official financial services partner.

SoFi stock is down ahead of the firm’s Q2 earnings on July 29. Options pricing and seasonal patterns warrant owning SOFI shares heading into the quarterly print.

Digital financial services company SoFi Technologies (NASDAQ:SOFI) will be reporting earnings this Wednesday before the bell. Here’s what investors should know.

Primis Financial (FRST) delivered earnings and revenue surprises of -43.90% and +13.32%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Major U.S. banks recently reported strong earnings, signaling resilient credit and deposit activity across the sector. SoFi Technologies (NasdaqGS:SOFI) is drawing attention for its involvement in providing retail access to the highly anticipated SpaceX IPO. These developments spotlight both the health of core banking activity and the distinct features of SoFi’s retail investing platform. For SoFi Technologies, which combines digital banking, lending, and investing under one platform,...

Charles Schwab (NYSE:SCHW) executives said the company delivered record second-quarter results as client asset gathering, trading activity, lending demand and wealth management flows all strengthened. President and CEO Rick Wurster said Schwab is benefiting from a financial services landscape that