SoFi Achieves Record First-Quarter Loan Originations

May 16, 2026 (1 days ago)
Neutral
SoFi Achieves Record First-Quarter Loan Originations
SoFi Technologies reported a record $12.2 billion in loan originations for the first quarter, signaling strong demand for its lending products despite mixed forward-looking guidance.

Record Loan Origination Growth

  • SoFi achieved record loan originations of $12.2 billion during the first quarter, demonstrating significant scale in its core lending business.1
  • The company reported net income of $166.7 million, reflecting strong operational performance during the period.1

Revenue Performance and Guidance

  • First-quarter revenue reached $1.08 billion, successfully exceeding the consensus estimate of $1.05 billion.1
  • Management provided adjusted net revenue guidance of approximately $1.115 billion, falling slightly short of the $1.12 billion consensus expectation.1

Earnings Outlook

  • The company issued earnings per share guidance in the range of 10 cents to 11 cents for the upcoming period.1
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SoFi Achieves Record First-Quarter Loan Originations | Foxly Invest