SoFi Technologies, Inc. (SOFI) Stock: Q4 Revenue Tops $1B as Member Growth Hits Record Highs

TLDR

• SoFi crosses $1B revenue, adds 1M members, and lifts full-year growth outlook.
• Member base hits 13.7M as product demand, fees, and engagement reach records.
• EBITDA jumps 60% as scale, margins, and cross-buy momentum accelerate.
• Loan originations hit $10.5B, led by strong personal and student lending demand.
• SoFi expands into crypto, launching trading, stablecoin, and global remittances.

SoFi Technologies (SOFI) stock reported another strong quarter as revenue passed $1 billion for the first time and member additions reached a new record. The stock closed lower at $24.36 but moved higher in premarket trading after the company posted robust full-year growth. The results highlighted expanding product demand, stronger fee income, and greater scale across its financial platform.

SoFi Technologies, Inc., SOFI

Record Member and Product Expansion

SoFi recorded its largest increase in new members as the company added 1 million users in the fourth quarter. The total member base rose to 13.7 million as product adoption increased across all categories. The company added 1.6 million products, which pushed total products to 20.2 million.

The platform continued to show higher engagement as existing members opened a larger share of new products. Cross-buy activity reached 40% and marked a seven-point gain from the prior year. The company attributed this momentum to broader brand reach as awareness improved.

SoFi also saw stronger demand for its financial services bundle, which supported continued adoption across savings, investing, and payments. The company expanded its digital capabilities and strengthened its product mix during the quarter. As a result, SoFi positioned its one-stop model for scalable growth.

Revenue Growth, Profit Trends and Business Mix

Quarterly adjusted net revenue crossed the $1 billion mark for the first time as total GAAP revenue reached $1.025 billion. Revenue grew 40 percent from the prior year and lifted full-year totals to $3.61 billion. In contrast, net income fell year over year due to higher operating costs and strategic investments.

Adjusted EBITDA rose 60 percent to $318 million as margins improved and operating leverage increased. The company ended the year with more than $1.05 billion in adjusted EBITDA and stronger profitability trends. Furthermore, adjusted net income more than doubled from the prior year.

Fee-based revenue reached a record $443 million and continued to diversify the company’s financial base. The Loan Platform Business generated $194 million in adjusted net revenue. SoFi reported an annualized origination pace of $15 billion and a growing contribution from high-return fee products.

Lending Strength and Expansion Into Crypto Services

Total loan originations rose to a record $10.5 billion as SoFi expanded activity across personal, student, and home segments. Personal loan originations reached $7.5 billion and continued to drive core lending performance. Student loan volumes reached $1.9 billion, while home loan originations surpassed $1.1 billion.

Credit performance remained stable as personal-loan charge-offs improved and the portfolio showed steady resilience. SoFi maintained disciplined underwriting while expanding loan availability across more qualified borrowers. Therefore, lending remained a central driver of revenue growth.

The company advanced its crypto strategy as it launched trading for consumers and introduced its own stablecoin on public blockchain. SoFi also enabled blockchain-powered remittances across more than 30 countries. These steps expanded its technology roadmap and positioned the platform for broader digital adoption.

The post SoFi Technologies, Inc. (SOFI) Stock: Q4 Revenue Tops $1B as Member Growth Hits Record Highs appeared first on CoinCentral.