Sofi Technologies’ stock surged Monday after the financial technology company reported second-quarter earnings that exceeded Wall Street expectations, driven by record loan growth and robust demand for its lending services. The strong results sent Sofi stock price sharply higher in early trading, signaling renewed investor confidence in the digital bank’s growth trajectory.
According to Yahoo Finance, Sofi reported quarterly revenue of $710 million, up 27% from a year ago, with adjusted earnings of $0.06 per share—surpassing analyst forecasts of $0.04 per share. Net income rose significantly as personal loan originations hit an all-time high, pushing the company’s total loan volume to more than $5.5 billion during the quarter.
MarketWatch reported that Sofi’s member base also grew by more than 600,000 in the second quarter, bringing total membership to over 10 million. CEO Anthony Noto said in a statement that the results reflected “strong, sustainable momentum” across lending, financial services, and its technology platform.
Sofi Stock Earnings Momentum
The latest Sofi earnings mark the company’s fifth consecutive quarter of profitability. Investors.com noted that Sofi’s lending segment, particularly personal loans, remained the primary driver of revenue gains. Its financial services division, which includes Sofi Money and Sofi Invest, also posted record deposits, adding to overall growth.
Shares of Sofi stock climbed more than 12% following the earnings announcement, trading at their highest level since early May. Analysts cited improved operating margins and expanding product adoption as key reasons for the stock’s rally.
Outlook and Investor Reaction
Looking ahead, Sofi raised its full-year 2025 guidance, projecting revenue between $2.8 billion and $2.9 billion, up from prior estimates. The company also expects continued loan demand amid stable interest rates and growing cross-sell opportunities within its expanding member base.
Despite broader market volatility in fintech, Sofi stock earnings have consistently beaten forecasts this year, boosting investor sentiment. Analysts suggest that if the company maintains its growth pace, it could strengthen its position as a leading digital financial platform in the U.S.
Sofi stock price remains a focal point for traders as the company pushes for long-term profitability while scaling its banking and technology services.
