SoFi reported strong first quarter 2026 results, with record revenue and significant growth in key performance indicators including members, products, and loan originations, leading to a tenth consecutive quarter of GAAP profitability.
Key Highlights
- SoFi achieved record GAAP net revenue of $1.1 billion, a 43% increase year-over-year, and record adjusted EBITDA of $340 million, up 62% from the prior year.
- The company added a record 1.1 million new members during the quarter, bringing total members to 14.7 million, a 35% increase year-over-year.
- Total loan originations reached a record $12.2 billion, up 68% year-over-year, with record volumes across personal, student, and home loans.