Q125 Detailed Earnings Highlights

BamBamInvest · 2025-04-29T11:21:58.498237Z

$SOFI $SOFI bringt Krypto zurück 🚀 Adj EPS: $0.06 (Est. $0.04) ✅; +200% YoY Revenue: $771.8M (Est. $740.3M) ✅; +20% YoYQ1'25 Detailed Earnings Highlights: Adj EBITDA: $210.3M; +46% YoY Fee-Based Rev: $315.4M; +67% YoY FY25 Guidance (Raised): Revenue: $3.235B–$3.31B (Prev. $3.200B–$3.275B; Est. $3.191B) ✅ Adj EBITDA: $875M–$895M (Prev. $845M–$865M) GAAP Net Income: $320M–$330M (Prev. $285M–$305M) GAAP EPS: $0.27–$0.28 (Prev. $0.25–$0.27) ✅ New Members Expected: +2.8M in FY25 (UP +28% YoY) Q2'25 Outlook: Revenue: $785M–$805M Adj EBITDA: $200M–$210M GAAP EPS: $0.05–$0.06 Segment Performance: Financial Services: Revenue: $303.1M; UP +101% YoY Net Interest Income: $173.2M; UP +45% YoY Noninterest Income: $129.9M; UP +321% YoY Contribution Profit: $148.3M; UP +299% YoY Contribution Margin: 49% (Prev. 25%) Interchange Fee Revenue: UP +90% YoY Total Financial Services Products: 13.79M; UP +36% YoY SoFi Money: 5.48M; UP +41% YoY Relay: 5.09M; UP +41% YoY Invest: 2.68M; UP +21% YoY Technology Platform: Revenue: $103.4M; UP +10% YoY Contribution Profit: $30.9M Contribution Margin: 30% Enabled Client Accounts: 158.4M; UP +5% YoY Lending: Revenue: $413.4M; UP +25% YoY Adjusted Revenue: $412.3M; UP +27% YoY Net Interest Income: $360.6M; UP +35% YoY Contribution Profit: $238.9M; UP +15% YoY Contribution Margin: 58% Total Loan Originations: $7.25B; UP +66% YoY Personal Loans: $5.54B; UP +69% YoY Student Loans: $1.19B; UP +59% YoY Home Loans: $518M; UP +54% YoY Operational Highlights: 800K new members added in Q1; Total Members: 10.9M; UP +34% YoY 1.2M new products added; Total Products: 15.9M; UP +35% YoY Loan Platform Business: $1.6B in originations for third parties Net Interest Income: $498.7M; UP +24% YoY Net Interest Margin: 6.01% (UP +10bps QoQ) Deposit Base: $27.3B; 90% from direct deposit members Credit Performance: Personal Loan Charge-off Rate: 3.31% (DOWN from 3.37% QoQ) Student Loan Charge-off Rate: 0.47% (DOWN from 0.62% QoQ) Delinquencies on Personal Loans: DOWN to 46bps (4th straight quarterly decline) SoFi estimates life-of-loan charge-off rates remain under 8% underwriting target Strategic & Business Highlights: Expanded Loan Platform partnerships with Blue Owl, Fortress, Edge Focus Announced new SmartStart student loan refinancing and prime personal loan products Launched co-branded debit card with Wyndham Hotels & Resorts Signed new technology client Mercantil Banco (Panama) Launched SoFi Plus subscription: 90% sign-ups from existing users, 30% adopt a 2nd product within 30 days Completed SoFi-sponsored $698M consumer loan securitization—first since 2021 CEO Anthony Noto’s Commentary: "We are off to a tremendous start in 2025. Q1 delivered our highest revenue growth rate in five quarters, record member and product growth, and accelerating innovation." "These results reflect the strength of our strategy, product architecture, and financial discipline as we raise full-year guidance."

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Adj EPS: $0.06 (Est. $0.04) ✅; +200% YoY
Revenue: $771.8M (Est. $740.3M) ✅; +20% YoYQ1'25 Detailed Earnings Highlights:
Adj EBITDA: $210.3M; +46% YoY
Fee-Based Rev: $315.4M; +67% YoY

FY25 Guidance (Raised):

Revenue: $3.235B–$3.31B (Prev. $3.200B–$3.275B; Est. $3.191B) ✅
Adj EBITDA: $875M–$895M (Prev. $845M–$865M)
GAAP Net Income: $320M–$330M (Prev. $285M–$305M)
GAAP EPS: $0.27–$0.28 (Prev. $0.25–$0.27) ✅
New Members Expected: +2.8M in FY25 (UP +28% YoY)

Q2'25 Outlook:

Revenue: $785M–$805M
Adj EBITDA: $200M–$210M
GAAP EPS: $0.05–$0.06

Segment Performance:

Financial Services:

Revenue: $303.1M; UP +101% YoY
Net Interest Income: $173.2M; UP +45% YoY
Noninterest Income: $129.9M; UP +321% YoY
Contribution Profit: $148.3M; UP +299% YoY
Contribution Margin: 49% (Prev. 25%)
Interchange Fee Revenue: UP +90% YoY
Total Financial Services Products: 13.79M; UP +36% YoY
SoFi Money: 5.48M; UP +41% YoY
Relay: 5.09M; UP +41% YoY
Invest: 2.68M; UP +21% YoY

Technology Platform:

Revenue: $103.4M; UP +10% YoY
Contribution Profit: $30.9M
Contribution Margin: 30%
Enabled Client Accounts: 158.4M; UP +5% YoY

Lending:

Revenue: $413.4M; UP +25% YoY
Adjusted Revenue: $412.3M; UP +27% YoY
Net Interest Income: $360.6M; UP +35% YoY
Contribution Profit: $238.9M; UP +15% YoY
Contribution Margin: 58%
Total Loan Originations: $7.25B; UP +66% YoY
Personal Loans: $5.54B; UP +69% YoY
Student Loans: $1.19B; UP +59% YoY
Home Loans: $518M; UP +54% YoY

Operational Highlights:

800K new members added in Q1; Total Members: 10.9M; UP +34% YoY
1.2M new products added; Total Products: 15.9M; UP +35% YoY
Loan Platform Business: $1.6B in originations for third parties
Net Interest Income: $498.7M; UP +24% YoY
Net Interest Margin: 6.01% (UP +10bps QoQ)
Deposit Base: $27.3B; 90% from direct deposit members

Credit Performance:

Personal Loan Charge-off Rate: 3.31% (DOWN from 3.37% QoQ)
Student Loan Charge-off Rate: 0.47% (DOWN from 0.62% QoQ)
Delinquencies on Personal Loans: DOWN to 46bps (4th straight quarterly decline)
SoFi estimates life-of-loan charge-off rates remain under 8% underwriting target

Strategic & Business Highlights:

Expanded Loan Platform partnerships with Blue Owl, Fortress, Edge Focus
Announced new SmartStart student loan refinancing and prime personal loan products
Launched co-branded debit card with Wyndham Hotels & Resorts
Signed new technology client Mercantil Banco (Panama)
Launched SoFi Plus subscription: 90% sign-ups from existing users, 30% adopt a 2nd product within 30 days
Completed SoFi-sponsored $698M consumer loan securitization—first since 2021

CEO Anthony Noto’s Commentary:

"We are off to a tremendous start in 2025. Q1 delivered our highest revenue growth rate in five quarters, record member and product growth, and accelerating innovation."

"These results reflect the strength of our strategy, product architecture, and financial discipline as we raise full-year guidance."

Q1'25 Detailed Earnings Highlights:

Sofi Q1 - Earnings Highlights 🚀