SoFi Posts 44 Percent Revenue Jump in Q2

SoFi Technologies (NASDAQ:SOFI), a digital finance platform offering banking, lending, and investment services, reported earnings for the second quarter of fiscal 2025 on July 29, 2025. The most important news from the release was the company's significant outperformance of analyst expectations for both revenue (non-GAAP) and earnings (GAAP). Non-GAAP revenue was $858 million for Q2 2025, ahead of the $804.23 million non-GAAP consensus, while non-GAAP earnings per share reached $0.08, also beating the $0.06 estimate. Compared to the prior-year period, adjusted revenue grew 44% and GAAP net income rose to $97 million from $17 million. The quarter saw continued strong member and product growth, as well as record lending and fee-based revenue. Overall, this was a quarter of operational momentum and improved profitability, punctuated by several new milestones for the company. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. SoFi Technologies provides a range of digital financial products through its platform, targeting both individuals and other businesses. Its offerings span personal loans, student loans, home loans, checking and savings accounts, credit cards, brokerage services, and financial dashboards. The company combines these into a single app with the aim of being a one-stop shop for managing money.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool