SoFi just delivered its strongest quarter ever, smashing records across revenue, member growth, and profitability. With adjusted net revenue up 44% to $858 million and adjusted EBITDA up 81% to $249 million, SoFi is scaling like a tech company and profiting like a bank. Fueled by product innovation, AI expansion, and a rapidly growing loan platform, SoFi raised its full-year 2025 guidance. Here’s everything you need to know about the Q2 earnings and what lies ahead.
Disclaimer: This is for informational purpose only and not to be used as a buy or sell recommendation for the stock. Consult your financial advisor.
SoFi Q2 2025 Earnings Snapshot
Key Financial Highlights (Q2 2025)
Member & Product Growth (Q2 2025)
Segment Performance (Q2 2025)
💰 Financial Services
$362.5M (+106% YoY Revenue)
Contribution Profit: $188.2M (+241% YoY)
Driven by Money, Relay, Invest products & Loan Platform Business.
🔍 Lending
$446.8M (+32% YoY Adj. Revenue)
Contribution Profit: $244.7M (+24% YoY)
Record originations ($8.8B total), strong demand for personal, student, home loans.
💻 Technology Platform
$109.8M (+15% YoY Revenue)
Contribution Profit: $33.2M (+7% YoY)
Diversifying client base, 160M enabled accounts.
Key Initiatives & Product Innovation
Loan Platform Business (LPB) Expansion
Annualized pace >$9.5B originations, >$0.5B high-margin fee-based revenue. Goal: $1B revenue business.
New Loan Products
Launched personal loan for prime credit card customers; new flexible student loan refinancing option.
AI & Crypto Integration
Plans for blockchain-enabled international money transfers, return to crypto investing, “Cash Coach” AI feature.
Strengthened Brand Awareness
Unaided brand awareness at all-time high of 8.5%.
Improved Credit Performance
Personal loan 90-day delinquencies decreased to 0.42%; net charge-offs decreased to 2.83%.
Deposit Growth
Total deposits grew to $29.5 billion, with nearly 90% from direct deposit members.
Outlook & Forecast (Full Year 2025 Guidance)
📈 Adjusted Net Revenue
**~$3.375 Billion** (Up from prior guidance, implies ~30% annual growth)
💰 Adjusted EBITDA
**~$960 Million** (Up from prior guidance, 28% margin)
💻 GAAP Net Income / EPS
**~$370 Million** / **~$0.31 EPS** (Both up from prior guidance)
👤 New Members
**At least 3.0 Million** (Approx. 30% growth from 2024)
📊 Segment Revenue Growth
Lending & Tech Platform: Low double-digits to teens.
Financial Services: 60% – 65%.
Most Important Headlines & Sentiment
“We had an exceptional second quarter, driving durable growth and strong returns through our relentless focus on product innovation and brand building.”
– Anthony Noto, CEO of SoFi
“We accelerated adjusted net revenue growth to 44% year-over-year, the highest level in over two years, driven by record high new members, as well as new products, and an increase in fee-based revenue.”
– Anthony Noto, CEO of SoFi
“This consistent, disciplined investment across our platform, combined with unmatched products and services, uniquely positions us to capture the massive and expanding opportunities ahead.”
– Anthony Noto, CEO of SoFi
“Looking forward, we are focusing on innovating faster than ever before to serve more of our members’ needs and increasing our financial guidance for 2025.”
– Anthony Noto, CEO of SoFi
Overall Sentiment: Highly positive and confident, emphasizing strong growth, profitability, and future potential driven by diversification and innovation.
🧠Final Take: SoFi is delivering on its promise to become a category-defining financial services platform. With relentless innovation, strong credit performance, and growing profitability, SoFi’s Q2 print was not just good, it was exceptional. As they expand AI, relaunch crypto, and scale their capital-light Loan Platform Business, SoFi looks well-positioned to outperform for the rest of 2025 and beyond. Investors and members alike should take note: SoFi isn’t just growing, t’s evolving into a fintech juggernaut.
