- SoFi reported the largest quarterly additions of members and products in its history.
- The company added a million new members, bringing its total base 35% higher year over year to 13.7 million at the end of the quarter, while product additions rose 37% YoY to 20.2 million during the period.
- The company noted that 40% of the 1.6 million new products launched during the quarter came from existing members, which it said demonstrated cross-buying strength.
SoFi Technologies Inc. (SOFI) shares rose more than 6% in Friday’s pre-market trade after the company’s fourth-quarter (Q4) earnings beat Wall Street expectations.
SoFi reported adjusted earnings per share (EPS) of $0.13 on revenue of $1.03 billion, while Wall Street analysts expected an EPS of $0.12 on revenue of $977 million, according to Stocktwits data.
This is also the first time in its history that SoFi has reported a quarterly revenue of $1 billion. The company attributed this to a combination of scale, innovation, and profitability positions.
“We added a record 1 million new members this quarter and drove record product growth. At the same time, we moved with urgency to lead the next phase of financial services by delivering crypto and blockchain innovation backed by bank-grade stability and security,” said SoFi CEO Anthony Noto.
Retail sentiment on Stocktwits around SoFi Technologies was in the ‘extremely bullish’ territory, with message volumes at ‘extremely high’ levels. The stock was the top trending ticker on the platform at the time of writing.
Largest Historical Addition In Members, Products
SoFi reported the largest quarterly additions of members and products in its history. The company added a million new members, bringing its total base to 13.7 million, up 35% year-on-year.
Product additions were up 37% YoY to 20.2 million during this period.
The company noted that 40% of the 1.6 million new products launched during the quarter came from existing members, which it said demonstrated cross-buying strength.
Crypto Launch
SoFi also highlighted that it became the first nationally chartered bank to launch cryptocurrency trading services for its customers. The lender also launched its own stablecoin, SoFiUSD.
“These innovations improved money-movement capabilities and established SoFi’s position as the first company providing crypto and blockchain products backed by the bank-grade safety and stability of a nationally chartered bank,” SoFi stated.
Outlook For Q1 And 2026
Looking forward, SoFi expects to increase its total members by 30% YoY during the full year 2026. It also forecast 30% revenue growth during the year, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of about $1.6 billion. The company also said it expects adjusted EPS of $0.6 during the year.
For the first quarter (Q1), SoFi forecast revenue of $1.04 billion and adjusted EPS of $0.12.
What Analysts Said
Analysts at Mizuho said that SoFi’s Q4 results should offer a “sigh of relief” to investors, according to TheFly. The firm has an ‘Outperform’ rating on the stock, with a price target of $38.
Analysts at William Blair recommended buying into the SOFI stock in the post-earnings rally, while adding that the company’s accelerating key performance indicators suggest an “awareness inflection.”
SOFI stock is down 7% year-to-date, but up 52% over the past 12 months.
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