SoFi Technologies, Inc.

SOFI

NasdaqLarge CapFinancials

13F Pro Quality Score

62.4/100

Rank #714 of 2,962 stocksTOP 25%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

90.5/100

Profitability

66.2/100

Balance Sheet

46.3/100

Earnings Quality

1.8/100

Free Cash Flow

4.3/100

Institutional Flow

6.5/100

Revenue Scale

76.0/100

Dilution Risk

5.1/100

Price Chart

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What's Driving SOFI's Business? Latest 10-Q Breakdown

41/41 datapoints verified

AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

SoFi reported Q2 2026 net revenue of $1.22B (+43% YoY) with net income of $157M (+61% YoY), driven by 52% growth in net interest income and expanded lending originations.

Biggest Revenue Drivers

Lending$724.8M+63% YoY

Growth in net interest income and loan origination fees driven by increased loan originations for balance sheet, with origination volume up 69%.

Financial Services$466.3M+29% YoY

Net interest income growth of 29% from deposits; loan platform fees of $141M; interchange revenue up 55% YoY.

Biggest Revenue Drivers

Total revenue: $1.22B+43% YoY

Lending$724.8M+63% YoY

Growth in net interest income and loan origination fees driven by increased loan originations for balance sheet, with origination volume up 69%.

Financial Services$466.3M+29% YoY

Net interest income growth of 29% from deposits; loan platform fees of $141M; interchange revenue up 55% YoY.

Technology Platform$84.5M-23% YoY

Decline reflects exit of large client that transitioned off platform prior to December 31, 2025; enabled client accounts down to 135M from 160M.

Largest Expense Items

Sales and marketing$392.4M+48% YoY

Increased spending to support member acquisition and Loan Platform Business growth.

Technology and product development$191.3M+26% YoY

Investments in platform enhancements and product development including acquisitions of Peach and Composer.

Cost of operations$200.1M+33% YoY

Higher operational costs supporting increased loan origination volume and member growth.

General and administrative$216.8M+31% YoY

Increased costs related to bank holding company operations and transaction-related expenses from acquisitions.

Margins: Net interest margin remained stable at 5.98% versus 5.86% YoY, benefiting from deposit funding mix improvements and higher loan yields. Adjusted EBITDA margin of 30% (non-GAAP) improved from 29% in Q2 2025, reflecting operating leverage from higher revenue growth outpacing expense growth.

Watch Items from the Filing

Technology Platform segment revenue declined 23% YoY to $84.5M due to exit of large unnamed client; enabled client accounts fell 16% to 135M from 160M YoY.
Deposit growth of $8.0B YTD (21% increase) to $45.5B supports funding needs but concentrated in consumer deposits; brokered deposits rose to $4.5B from $1.4B.
Company acquired Peach Finance and Composer for $70.1M in Q2 2026, recording $31.5M goodwill; integration execution risk on new platforms.
SoFi Bank risk-based capital ratio declined to 15.3% from 16.6% YoY; company-wide CET1 at 18.8% from 22.9%, reflecting rapid loan growth and acquisitions.
New litigation filed June 2026 (Smith v. SoFi Securities) alleging breach of contract re: negligible interest on Apex Clearing deposit sweep accounts; exposure unquantified at filing.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →