SoFi Technologies, Inc. Reports Record-Breaking Earnings for Q1 2025

In its latest financial report, SoFi Technologies, Inc. unveiled its remarkable performance for the first quarter of 2025. The company proudly announced it achieved a record net revenue of $772 million, along with a substantial increase in its membership base, now totaling 10.9 million members. Demonstrating impressive growth, the adjusted net revenue climbed by 33% compared to the previous year.

Moreover, SoFi reported a net income of $71 million, underscoring the success of its strategies aimed at welcoming new members and expanding its product offerings. Noteworthy achievements include the addition of 800,000 new members and the launch of 1.2 million new products. A significant portion of this growth can be attributed to the expansion of its Financial Services and Technology Platform segments.

Overall, the company’s latest earnings highlight its strong momentum and effective approach in capturing new opportunities and enlarging its reach in the financial services industry.