Filing Flows › SoFi Technologies (SOFI) › Q2 2026 › vs Q1 2026
SoFi Technologies (SOFI) Q2 2026 vs Q1 2026 (quarter over quarter)
SoFi Technologies's revenue rose $118M (+11%) from $1.1B in Q1 2026 to $1.2B in Q2 2026. Operating margin 16.8% against 18.1% (-1.4 pts).
SoFi Technologies, Q2 2026: revenue $1.2B (+42% year over year), operating margin 16.8%, net earnings $157M, operating cash flow −$3.9B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.8% | 18.1% | -1.4 pts |
| Net margin | 12.8% | 15.2% | -2.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $118M | +11% |
| Operating profit | $204M | $200M | $4.8M | +2% |
| Costs & expenses | $1.0B | $901M | $114M | +13% |
| Pre-tax earnings | $204M | $200M | $4.8M | +2% |
| Cost of revenue | $200M | $171M | $29.0M | +17% |
| Research & development | $191M | $188M | $3.6M | +2% |
| Sales & marketing | $392M | $336M | $56.9M | +17% |
| General & admin | $217M | $198M | $19.2M | +10% |
| Other operating costs | $13.8M | $8.9M | $4.9M | +55% |
| Net earnings | $157M | $167M | −$10.1M | -6% |
| Income tax | $47.7M | $32.8M | $14.9M | +45% |
| Operating cash sources | $4.2B | $2.6B | $1.6B | +60% |
| Depreciation & amortization | $73.1M | $67.6M | $5.5M | +8% |
| Share-based compensation | $76.9M | $72.0M | $4.9M | +7% |
| Cash used in operations | $3.9B | $2.3B | $1.6B | +68% |
| Working capital & other | $4.2B | $2.6B | $1.6B | +60% |
Questions
How much did SoFi Technologies's revenue grow quarter over quarter in Q2 2026?
SoFi Technologies's revenue rose $118M (+11%) from $1.1B in Q1 2026 to $1.2B in Q2 2026. Operating margin 16.8% against 18.1% (-1.4 pts).