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Reuters

SoFi raises 2026 revenue outlook to $4.75 billion–$4.85 billion after record member growth and $14.8 billion in quarterly loan originations

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SoFi posted a market-beating Q2 with record loan originations ($14.8B) and 35% member growth to 15.8M, while raising its 2026 revenue outlook to $4.75B–$4.85B above consensus. Net interest income rose 52% and adjusted revenue grew 40%, indicating resilient credit performance and effective diversification beyond student loan refinancing. The results support near-term confidence in fintech balance-sheet growth and fee-based expansion.
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SoFi Technologies reported 2024 second-quarter results with record total loan originations of $14.8 billion and member growth of 35% to 15.8 million. The company raised its full-year 2026 revenue forecast to $4.75 billion to $4.85 billion, above analysts' expectations of $4.7 billion, according to LSEG data. Adjusted revenue rose 40% year over year to $1.2 billion, while net interest income increased 52% to $788.2 million. The results underscore SoFi’s shift from a student-loan refinancing business to a broader financial services platform and supported its stock performance.