SoFi Technologies Inc.
(NASDAQ:SOFI) reported second-quarter results before the opening bell on Wednesday.
Here is a rundown of the report.
SoFi Technologies shares are sliding.
Why are SOFI shares down?
SoFi Stock Falls Despite Q2 Earnings Beat and Raised Guidance: What Investors Need to Know - SoFi Technol
SoFi Technologies Inc. (NASDAQ: SOFI) reported second-quarter results before the opening bell on Wednesday. Here is a rundown of the report.
TL;DRAI
SoFi beat Q2 EPS (12¢ vs 11¢) and posted record revenue of $1.206B (+40% YoY), raising 2026 guidance to $4.75–4.85B. Stock fell 5.68% premarket anyway, signaling that rate normalization and fintech margin compression override near-term growth in valuation calculus.
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