SoFi Q2 revenue rises 43% to $1.2 billion; raises 2026 revenue outlook
SoFi Technologies reported second-quarter 2026 results on July 29, 2026, with GAAP net revenue of $1.2 billion, up 43% from a year earlier, and net income of $156.6 million, or $0.12 per diluted share, compared with $0.08 a year earlier. The company raised its full-year 2026 adjusted net revenue guidance to $4.75 billion to $4.85 billion and continues to expect adjusted EBITDA of approximately $1.6 billion, which signals stronger expected revenue for shareholders. Results were not uniform, as Technology Platform segment revenue fell 23% year over year.
Key points
- GAAP total net revenue for the quarter was $1.2 billion, up 43% from $854.9 million a year earlier.
- Net income was $156.6 million, up 61% from $97.3 million; diluted EPS was $0.12 versus $0.08.
- 2026 adjusted net revenue guidance raised to $4.75 billion to $4.85 billion; adjusted EBITDA outlook of about $1.6 billion unchanged.
- Technology Platform segment net revenue fell 23% year over year to $84.5 million.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.