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Here's What Key Metrics Tell Us About SoFi Technologies (SOFI) Q1 Earnings
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For the quarter ended March 2026, SoFi Technologies, Inc. (SOFI - Free Report) reported revenue of $1.09 billion, up 41.1% over the same period last year. EPS came in at $0.12, compared to $0.06 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.04 billion, representing a surprise of +4.66%. The company delivered an EPS surprise of +1.27%, with the consensus EPS estimate being $0.12.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SoFi Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Accounts - Technology Platform segment: 132.87 million versus the three-analyst average estimate of 133.15 million.
Total Products - Financial Services segment: 19.33 million compared to the 18.68 million average estimate based on three analysts.
Members: 14.71 million versus the two-analyst average estimate of 14.62 million.
Total Products - Lending segment: 2.83 million versus the two-analyst average estimate of 2.94 million.
Net Interest Income: $692.99 million versus $652.34 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +39% change.
Total Noninterest Income: $407.38 million compared to the $396.9 million average estimate based on four analysts. The reported number represents a change of +49.2% year over year.
Total net revenue- Financial Services: $428.54 million compared to the $475.18 million average estimate based on two analysts. The reported number represents a change of +41.4% year over year.
Total net revenue- Technology Platform: $75.09 million versus $102.2 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -27.4% change.
Total net revenue- Other: $-45.68 million versus the two-analyst average estimate of $-45.97 million. The reported number represents a year-over-year change of -5.2%.
Total Interest Income: $1 billion compared to the $968.04 million average estimate based on two analysts. The reported number represents a change of +31.1% year over year.
Loan platform fees: $138.26 million versus the two-analyst average estimate of $186.24 million.
Other: $76.71 million versus $71.56 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +86.9% change.
Shares of SoFi Technologies have returned +15.6% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About SoFi Technologies (SOFI) Q1 Earnings
For the quarter ended March 2026, SoFi Technologies, Inc. (SOFI - Free Report) reported revenue of $1.09 billion, up 41.1% over the same period last year. EPS came in at $0.12, compared to $0.06 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.04 billion, representing a surprise of +4.66%. The company delivered an EPS surprise of +1.27%, with the consensus EPS estimate being $0.12.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SoFi Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for SoFi Technologies here>>>
Shares of SoFi Technologies have returned +15.6% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.