SoFi Technologies Surges 6% on Raised 2025 Forecast Amid Robust Growth

SoFi Technologies' stock price rose 6% after the fintech platform raised its 2025 forecast due to robust member growth and strong Financial Services segment performance. The company's growth surge is expected to continue, leading to a potential breakout.

Title: SoFi Technologies Reports Record Second Quarter 2025 Financials, Stock Price Rises

San Francisco, July 2, 2025 — SoFi Technologies, Inc. (NASDAQ: SOFI) reported its second-quarter 2025 financial results today, showcasing robust growth across multiple segments. The company's stock price rose 6% following the announcement, driven by the fintech platform's increased 2025 forecast due to significant member and product growth, as well as strong performance in the Financial Services segment.

Key Financial Highlights

- Adjusted Net Revenue: SoFi reported a record adjusted net revenue of $858.2 million, up 44% year-over-year (YoY) [1].
- Adjusted EBITDA: Adjusted EBITDA reached a record $249.08 million, an 81% increase YoY [1].
- Fee-Based Revenue: Total fee-based revenue hit a record $377.5 million, growing 72% YoY [1].
- Member Growth: The company added a record 850,000 new members, bringing the total to 11.7 million, a 34% increase YoY [1].
- Product Growth: SoFi saw a record 1.26 million new products added, bringing the total to 17.1 million, a 34% increase YoY [1].

Segment Performance

The Financial Services segment delivered impressive results, with net revenue more than doubling to $362.5 million, driven by a 39% increase in net interest income and a quadrupling of noninterest income to $169.2 million [1].

Strategic Initiatives

SoFi continues to innovate and expand its product offerings. The company announced plans to launch blockchain-enabled international money transfers and a return to crypto investing. Additionally, strategic investments in AI, such as the upcoming "Cash Coach" feature, aim to provide members with more tools to optimize their finances [1].

Credit Performance and Brand Awareness

SoFi's credit performance improved, with the annualized charge-off rate decreasing from 3.31% to 2.83% for personal loans and the on-balance sheet 90-day delinquency rate decreasing to 0.42% [1]. The company's unaided brand awareness accelerated to an all-time high of 8.5% [1].

Outlook

SoFi's CEO, Anthony Noto, expressed confidence in the company's ability to capture expanding opportunities in the financial services sector. The company's focus on product innovation and brand building positions it for continued growth. With the stock price rising 6% following the announcement, investors are optimistic about SoFi's prospects for the remainder of 2025 [1].

References

[1] SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million. [URL](https://investors.sofi.com/news/news-details/2025/SoFi-Reports-Second-Quarter-2025-Accelerates-Net-Revenue-Growth-to-Record-855-Million-Record-Member-and-Product-Growth-and-Net-Income-of-97-Million/default.aspx)