SoFi Technologies delivered revenue of $1.10 billion in Q1 2026
SoFi Technologies traded around $16.84 on Friday, July 17, down 38.66% year to date. The company delivered revenue of $1.10 billion in Q1 2026, up 6.1% year over year, and beating consensus by 4.87%.
SoFi’s GAAP net income of $166.7 million more than doubled year over year, and loan originations set a record. The company’s EPS of $0.12 was in line with estimates.
SoFi Technologies is one of three U.S.-listed stocks that stand out this month, all trading below $50 and posting double-digit revenue growth in their latest quarters.
The company’s underlying franchise is accelerating, making the current setup interesting despite the drawdown in its stock price.