SoFi Technologies raised its 2026 revenue guidance following record member growth and loan originations in the second quarter. The company reported 40-41% year-over-year revenue growth, marking its 11th consecutive profitable quarter. Fee-based revenue now accounts for 39% of total revenue, reinforcing its 'everything app' strategy. Despite the strong performance, SoFi issued conservative guidance for the remainder of the year, anticipating potential Federal Reserve rate hikes.
The company submitted detailed financial statements for the period ending June 30, 2026, providing transparency on its recent operational performance.
Read the full storySoFi Technologies reported record loan originations and 41% revenue growth, but issued a cautious outlook citing potential Federal Reserve rate hikes.
The fintech firm marked its 11th consecutive profitable quarter with 40% revenue growth and record expansion in its member and product base.
The fintech firm raised its 2026 revenue outlook above Wall Street estimates after reporting record member expansion and loan originations in the second quarter.