What are the key points to watch for in SoFi's record-breaking growth?

Sofi's Q2 2025 performance achieved record growth! The stock price surged 17% post-earnings.

The company's adjusted net income was $858 million, exceeding the expected $804 million; adjusted EPS was $0.08, surpassing the expected $0.06.

Net income grew by 44% year-over-year, showing a significant acceleration in growth. Additionally, since Q4 2023, net profit has remained positive for seven consecutive quarters, indicating that SoFi's profitability is stabilizing.

Of course, behind the strong performance, there is the growth in new users and products. In the second quarter, SoFi added 850,000 new members, bringing the total to 11.7 million, and launched 1.3 million new financial products, laying the foundation for record-high revenues.

Breaking down the business, the lending division remains the core pillar of SoFi's revenue, contributing $440 million in Q2, which is more than half of the total revenue, with a robust growth rate of 30%.

This is primarily due to the record-high loan issuance in the second quarter, driven by strong demand for personal loans, student loans, and mortgage loans, with total loan volume reaching $8.8 billion, a 64% increase year-over-year.

Financial business net income was $363 million, up 106% from last year, achieving double-digit growth for two consecutive quarters this year. Net interest income contributed $193 million, mainly due to an increase in consumer deposits.

Technology platform revenue was $109 million, up 15% year-over-year. A key factor is the company's continued expansion of a diverse customer base, such as Banco Nación, one of the largest Financial Institutions in Argentina, which is currently using SoFi's Cyberbank Digital platform for its digital banking initiatives.

In addition, there is a focal business—cryptos. Previously, SoFi had already planned to resume spot trading for BTC, ETH, and other cryptos, with an expected launch by the end of this year. During this earnings call, it was also announced that the company will introduce blockchain-based global remittance services, staking services, allow customers to use their held cryptos as collateral for loans, and launch its own stablecoin.

SoFi's strong customer base, banking license, and regulatory support will all contribute to the advancement of its crypto business. Investors should pay close attention to the latest progress.

In terms of stock price, SoFi surged over 17% due to positive earnings and future growth expectations. According to the Fibonacci extension, the stock price has broken through the 100% target level, which has now become a key support level, with a reference price of $20.93; the short-term upside target can be referenced at the previous high of $28.26 (Note: The above technical analysis is for reference only. Any technical indicator has limitations and should not be directly considered as investment advice).

To summarize, for the next fiscal period, we should pay attention to the overall revenue and profit growth, including the number of new products and memberships, as well as the smooth progress of the crypto business. These key indicators are important factors affecting the stock price.

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