SoFi The company reported net income of US$174 million, in addition to a record addition of 1 million members and 1.6 million products in the quarter. Esses numbers consolidate fintech’s position in the digital financial services market in Estados Unidos.
Operational indicators show significant expansion on several fronts. Total deposits reached US$37.5 billion, while loan originations totaled US$10.5 billion, up 46% year over year.
- Personal loans accounted for $7.5 billion in originations.
- Student loans totaled $1.9 billion.
- Housing loans reached US$1.1 billion.
Revenue diversification contributed to an adjusted EBITDA margin of 31%.
Membership and product growth
SoFi’s member base reached 13.7 million at the end of December 2025, an increase of 35% compared to the fourth quarter of 2024. Essa expansion reflects the strategy of continuously attracting new users through integrated offers.
Total products totaled 20.2 million, up 37% year on year. The financial services segment concentrated most of the growth, with 17.5 million active products.
Financial services products registered a 38% year-on-year increase. Contas like SoFi Money, Relay and Invest boosted the numbers, demonstrating greater adoption of digital banking solutions.
The cross-buy rate among existing members reached 40%, an increase of seven percentage points compared to the previous year. Esse indicator reinforces the effectiveness of the company’s one-stop shop model.
Performance by operating segments
The financial services segment had net revenue of US$457 million, growth of 78% year on year. The contribution margin reached 51%, with a contributory profit of US$231 million.
Non-interest income in this segment grew 159%, driven by interchange fees and other sources. Loan Platform Business generated adjusted revenue of $194 million in the quarter.
The technology platform recorded net revenue of US$122 million, an increase of 19% compared to the fourth quarter of 2024. Contributing profit was US$48 million, with a margin of 39%.
The loan segment maintained a solid contribution, with adjusted net revenue of US$486 million. Adjusted margin was 56%, supported by robust originations and credit control.
Consolidated financial indicators
Fee-based revenue totaled $443 million, up 53% year over year. Essa annualized line reached US$ 1.8 billion, highlighting the transition to more diversified sources.
The net interest margin was 5.72%, with interest income of US$617 million. Adjusted EBITDA totaled US$318 million, representing an increase of 60% compared to the previous period.
The company’s net worth reached US$10.5 billion at the end of the quarter. The tangible book value was US$8.9 billion, reflecting solid balance sheet.
Credit metrics improved, with a 57 basis point reduction in losses on personal loans. 90-day delinquencies remained stable.
Guidance and prospects for 2026
SoFi projected adjusted net revenue of approximately $4.655 billion for the full year 2026, implying annual growth of approximately 30%. Adjusted EBITDA should reach US$1.6 billion, with a margin of 34%.
Adjusted net profit is estimated at US$825 million, corresponding to a margin of 18%. Projected adjusted EPS stands at $0.60.
The company expects growth of at least 30% in the member base throughout 2026. Essas projections assume continuity of the current macroeconomic environment.
In the medium term, between 2025 and 2028, SoFi forecasts compound annual adjusted revenue growth of at least 30%. Compound adjusted EPS growth is expected to range between 38% and 42%.
Innovations and market positioning
SoFi launched cryptocurrency trading for consumers in its digital bank during the quarter. The company also introduced the SoFiUSD stablecoin on the permissionless blockchain.
International remittances are now offered in more than 30 countries via blockchain technology. Essas initiatives expand the financial services portfolio.
Unaided brand awareness reached 9.6% in the period. The annualized volume of spending on cards reached US$22 billion, with a 66% increase in interchange rates.
Annualized savings of US$680 million in interest were obtained through optimization of the funding base. The company fully paid off warehouse lines in the quarter.
Credit quality and balance sheet
Loans on balance totaled US$36.4 billion at fair value, divided between personal, student and housing. The average loan portfolio grew compared to the previous year.
Charge-off rates fell to 1.95% in the quarter, compared to 2.48% in the fourth quarter of 2024. Empréstimos personal registered a rate of 2.80%, a significant reduction.
CET1 regulatory capital stood at 22.8% at the end of December 2025. Risk-weighted assets totaled US$37.2 billion.
The quality of the portfolio remained consistent, with stable delinquencies. Esses indicators reinforce the resilience of SoFi’s credit model.
The company completed its ninth consecutive quarter of GAAP profitability. A focus on scale and diversification underpinned record 2025 results.
