Filing Flows › SoFi Technologies (SOFI) › Q2 2025
SoFi Technologies (SOFI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
SoFi Technologies (SOFI) reported revenue of $855M for the second quarter 2025 (Q2 2025), +43% from a year earlier and +11% from the quarter before. Operating margin was 13.1%, net earnings $97.3M (11.4% of revenue).
SoFi Technologies, Q2 2025: revenue $855M (+43% year over year), operating margin 13.1%, net earnings $97.3M, operating cash flow −$1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $855M | +11% | +43% |
| Operating profit | $112M | +41% | +631% |
| Net earnings | $97.3M | +37% | +459% |
| Operating cash flow | −$1.5B | -6922% | — |
What changed
Revenue was $854.9M in Q2 2025, up 43% year over year and up 11% from the previous quarter.
Operating profit was $112.2M, a 13.1% margin (up 10.6 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 3% margin then. Total costs grew 27% against revenue growth of 43%. The fastest-growing cost line was Sales & marketing (+43%). Net earnings were $97.3M, up 459% year over year. The effective tax rate was 13.3%.
Operating cash flow was −$1,466.9M. Non-cash charges added back $56.7M of depreciation and amortization and $63.3M of share-based compensation. Working capital and other items used $1,684.2M. Capital expenditures of $63.5M exceeded it, leaving free cash flow of −$1,530.4M.
Questions
What was SoFi Technologies' revenue in the second quarter 2025?
SoFi Technologies (SOFI) reported revenue of $855M for the second quarter 2025 (Q2 2025), +43% from a year earlier and +11% from the quarter before.
Was SoFi Technologies profitable in the second quarter 2025?
Operating profit was $112M (13.1% of revenue) and net earnings $97.3M.
Source: SoFi Technologies 10-Q on SEC EDGAR.