SoFi reported first-quarter revenue of $1.1 billion and record loan originations, but shares fell as investors focused on the guidance outlook.
SoFi reported first-quarter 2026 adjusted revenue of $1.1 billion, up 41% from a year earlier, but the stock fell in premarket trading as investors focused on the company’s outlook.
The company said adjusted earnings per share came in at $0.12, matching analyst estimates. SoFi also reported record loan originations of $12.2 billion for the quarter.
Despite the solid top-line growth, market coverage said shares were down sharply after the report, with investors appearing disappointed that the company’s full-year 2026 revenue guidance was only slightly above consensus. Some reports also pointed to questions around the second-quarter outlook and the Loan Platform Business.
The reaction highlights the gap between strong operating results and expectations for how quickly SoFi can keep that momentum going. Investors will now be watching whether the stock stabilizes once the market has more time to digest the guidance details.
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