SoFi Technologies, Inc. · SOFI · FY2026 Q1 · Calendar Q2 2026

SoFi posts strong Q1 growth as guidance stays unchanged

SoFi's Q1 results support a constructive operating picture: strong member and loan growth, expanding products and capital-light platform ambitions. The case is less conclusive for the year ahead because management maintained guidance, while credit, capital allocation, macroeconomic and regulatory risks remain material.

Reported Before market openNASDAQFinancial Services $21.65B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.12 Consensus $0.12
EPS surprise +0.8% Reported versus consensus
Reported revenue $1.09B Consensus $1.05B
Revenue surprise +3.8% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -15.4% Event window
SPY move -0.0% Same window
Abnormal move -15.4% Stock minus SPY
Volume 3.7× Versus trailing sessions
Subsequent drift +9.3% Up to 20 sessions
SOFISPY benchmark

Ask FN2 about SOFI FY2026 Q1

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

The quarter added evidence of broad operating momentum: adjusted net revenue rose 41% year over year to $1.1 billion, loan originations reached a record $12.2 billion, and management highlighted SoFiUSD, SoFi Plus and big-business banking. Full-year 2026 guidance was maintained.

Guidance delta

Management maintained full-year 2026 guidance; Q2 guidance assumes approximately 30% revenue growth.

Key takeaways

  • Adjusted net revenue grew 41% year over year to $1.1 billion, while cash revenue exceeded $1 billion for a second consecutive quarter.
  • Record loan originations reached $12.2 billion across personal, student and home loans.
  • SoFiUSD, SoFi Plus and big-business banking were highlighted as new or expanding offerings.
  • Management maintained full-year 2026 guidance despite strong first-quarter growth.

Management priorities

  • Scale loan-platform partnerships and capital-light fee income.
  • Develop SoFiUSD payment APIs, crypto services and big-business banking.
  • Roll out the SoFi Bank core platform and SoFi Technology Solutions brand.
  • Continue member acquisition, cross-selling and brand-building initiatives.

Follow SOFI with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
SOFI EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q2 '24 estimate $0.00 Q2 '24 actual $0.01, match Q3 '24 estimate $0.04 Q3 '24 actual $0.05, match Q2 '25 estimate $0.06 Q2 '25 actual $0.08, beat Q3 '25 estimate $0.08 Q3 '25 actual $0.11, beat Q4 '25 estimate $0.12 Q4 '25 actual $0.13, beat Q1 '26 estimate $0.12 Q1 '26 actual $0.12, match Q2 '26 estimate $0.11 Q2 '26 actual $0.12, match Q3 '26 estimate $0.16 Q3 '26 actual $0.18, beat Q4 '26 estimate $0.19 Q1 '27 estimate $0.19 Q2 '27 estimate $0.20 Q3 '27 estimate $0.23
Show 2 more >

Analyst Consensus ?

ConsensusHold28 ratings
Bullish1242.9%
Neutral1242.8%
Bearish414.3%

Analyst 52W Price Targets

$16.76Current
$2.5Low
$17.1Average
$36High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 1, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
UBS Neutral NeutralMaintainOct 29, 2026
Wells Fargo Equal Weight Equal WeightMaintainOct 28, 2026
TD Cowen Hold HoldMaintainOct 28, 2026
StoneX Buy BuyMaintainOct 28, 2026
Scotiabank Sector Outperform Sector OutperformMaintainOct 28, 2026
Show 23 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $16.76. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
UBSAnalyst unavailable$22$17.52 +31.3%Oct 29, 2026
ScotiabankLance Jessurun$26$16.4 +55.1%Oct 28, 2026
Coker PalmerMark Palmer$27$16.4 +61.1%Oct 28, 2026
Wells FargoAnalyst unavailable$16.5$16.4 -1.6%Oct 28, 2026
MonnessAnalyst unavailable$20$14.62 +19.3%Oct 26, 2026
See 77 more

Track every rating change on SOFI the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

SoFi Technologies, Inc. specializes in delivering a wide array of online financial solutions. The company's business is structured across three main divisions: Lending, Technology Platform, and Financial Services. Through its diverse offerings, SoFi empowers its members to manage their money comprehensively, facilitating borrowing, saving, spending, investing, and asset protection. Its lending portfolio includes student loans, personal loans for various needs like debt consolidation or home improvements, and home mortgages. Furthermore, SoFi provides services for cash management and investment, complemented by its robust technology services. This technology segment features Galileo, a platform serving both financial and non-financial institutions; Apex, a technology-driven platform for investment custody and clearing brokerage; and Technisys, a cutting-edge, cloud-native core banking platform designed for multiple products. Established in 2011, SoFi Technologies, Inc. is based in San Francisco, California.

Historical context

All SOFI earnings

Financial Services peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

Get the SOFI recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-11-01T02:00:43.792292+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-01T02:00:43.789494+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-11-01. For educational purposes only; not investment advice.