SoFi Technologies Ranks 64th in Trading Volume with $1.14 Billion in Activity Amidst 142% Stock Surge

On June 20, 2025, SoFi Technologies (SOFI) experienced a trading volume of $1.14 billion, ranking 64th in the day's stock market activity. The stock closed with a 1.11% decline.

SoFi Technologies has seen a remarkable surge in its stock price, with a 142% increase over the past year. This growth is attributed to strong revenue expansion, increasing product adoption, and a strategic shift towards high-margin, capital-light business segments. The company added 800,000 new members in the first quarter of 2025, bringing the total to 10.9 million, a 34% year-over-year increase. This surge in user engagement helped drive adjusted net revenue to a record $771 million, up 33% from the same period last year.

SoFi's revenue mix has also shifted significantly. The company has made a deliberate push into fee-based, non-lending businesses that require less capital and carry fewer risks. Non-lending revenue hit $407 million in Q1, marking a 66% year-over-year increase, while fee-based revenue rose 67% to a record $315 million. The Financial Services division continues to deliver solid growth, with revenue more than doubling to $303 million in Q1. Per-product revenue also jumped, climbing from $59 to $88 in just one year—an almost 50% increase.

One of the fastest-growing areas for SoFi is its Loan Platform Business (LPB), where it originates loans for third parties. In just under a year, LPB has achieved an annualized run rate of over $6 billion in originations and is now generating more than $380 million in high-margin, fee-based revenue. In Q1, LPB added $96 million in adjusted net revenue, a 44% jump from the prior quarter. Recent deals, including a $5 billion agreement with Blue Owl, a $2 billion extension with Fortress, and a $1.2 billion joint venture between Fortress and Edge Focus, are expected to fuel even faster growth. These LPB loans don’t carry credit risk for SoFi, deepening customer relationships and supporting future cross-selling opportunities.