| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 16 | 35.3x | 17.8x | Bottom tier | |
Growth | 62 | 34.1% | 7.1% | Around median | |
Quality | 46 | — | — | Around median | |
Safety | 24 | — | — | Bottom tier | |
Capital Return | 35 | 0.00% | 2.12% | Bottom tier | |
Momentum | 25 | -30.8% | 2.9% | Bottom tier | |
Sentiment | 82 | 13 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
SoFi Technologies operates as an integrated digital financial platform combining lending, financial services, and a banking technology platform. The company generates revenue from net interest income on loans, loan origination and loan platform fees, interchange and brokerage fees, SoFi Technology Solutions platform fees, and SoFi Plus subscriptions; in Q2 FY2026, net interest income reached $790 million, while fees and other cash revenue totaled approximately $420 million.
In Q2 FY2026, EDGAR data showed revenue of $1.6 billion, gross profit of $1.4 billion, net income of $156.6 million, and earnings per share of $0.12. On the adjusted basis used in the earnings call, net revenue grew 40% year over year to $1.2 billion, adjusted earnings before interest, taxes, depreciation, and amortization reached $358 million at a 30% margin, while adjusted net income totaled $160 million at a 13% margin.
Lending remained the largest driver of results, generating $712 million in adjusted net revenue at a 55% contribution margin, compared with $466 million for Financial Services at a 46% contribution margin and $85 million for the Technology Platform at a 14% contribution margin. Meanwhile, fee-based revenue reached $472 million, or 39% of the total, and the Financial Services and Technology Platform segments together generated $551 million, or 46% of adjusted net revenue, demonstrating the expansion of income sources beyond traditional lending.
The analyst consensus on SOFI stock is Neutral, with an average price target of $21.2 and a wide range between $16 and $29. The average target is above the 52-week range low of $14.88, but approximately 35% below its high of $32.73, and even the highest target remains below that high. This valuation reflects a balance between 40% adjusted revenue growth in Q2 FY2026 and lending's sensitivity to interest rates and credit, unchanged adjusted earnings guidance despite higher revenue guidance, and the increase in the assumed tax rate to 22%.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
SoFi generates revenue from net interest income on loans, loan origination and loan platform fees, interchange and brokerage fees, SoFi Technology Solutions fees, and SoFi Plus subscriptions. In Q2 FY2026, net interest income totaled $790 million, and fees and other cash revenue totaled approximately $420 million. Lending generated $712 million in adjusted net revenue, compared with $466 million for Financial Services and $85 million for the Technology Platform.
EDGAR data showed revenue of $1.6 billion, net income of $156.6 million, and earnings per share of $0.12. On an adjusted basis, net revenue reached $1.2 billion, up 40% year over year, and adjusted earnings before interest, taxes, depreciation, and amortization reached $358 million at a 30% margin. The company also recorded its eleventh consecutive quarter of profitability, and adjusted net income reached $160 million.
SoFi's member count reached approximately 15.8 million in Q2 FY2026 after adding a record 1.1 million members, while its product count reached 24.4 million after adding 2.2 million products. Existing members opened 51% of new products, compared with 43% in the previous quarter and 35% in Q2 FY2025. SoFi Plus also surpassed 200 thousand paid subscribers, and 25% of existing members who subscribed added another product after subscribing.
Automated analysis for informational purposes only — not investment advice.
Total loan originations reached $14.8 billion in Q2 FY2026, including $10.7 billion in personal loans, $2.7 billion in student loans, and $1.4 billion in home loans. Core personal loans generated a risk-adjusted margin of approximately 6.1%, with an average yield of 12.9%, a funding cost of 3.1%, and annualized losses of 3.7%. The 90-day delinquency rate for personal loans held on the balance sheet declined to 40 basis points, while the rate for student loans was 11 basis points.
Management expects adjusted net revenue between $4.75 billion and $4.85 billion in FY2026, equivalent to year-over-year growth of 32%–35%. It expects adjusted earnings before interest, taxes, depreciation, and amortization of approximately $1.6 billion and a margin between 33% and 34%, along with adjusted net income of approximately $825 million and earnings per share of approximately $0.60. The outlook includes a tax rate of 22% and an assumption of one or two interest rate increases during FY2026.
On August 25, 2026, SoFi announced the launch of SoFiUSD to support round-the-clock payments and transfers, with an initial liquidity pool of $300 million. In Q2 FY2026, the company began using SoFiUSD to settle trading operations and process commercial transactions through SoFi Exchange Network, opening a potential path to additional fees and interest income. SoFi Coach, launched in June 2026, recorded nearly 500 thousand conversations with a positive rating exceeding 90%, based on data connected to 12 thousand financial institutions and 6.5 billion transactions.
