Filing Flows › SoFi Technologies (SOFI) › Q2 2026
SoFi Technologies (SOFI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
SoFi Technologies (SOFI) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +43% from a year earlier and +11% from the quarter before. Operating margin was 16.8%, net earnings $157M (12.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +11% | +43% |
| Operating profit | $204M | +2% | +82% |
| Net earnings | $157M | -6% | +61% |
| Operating cash flow | −$3.9B | — | — |
What changed
Revenue was $1.2B in Q2 2026, up 43% year over year and up 11% from the previous quarter.
Operating profit was $0.20B, a 16.8% margin (up 3.6 points year over year). Of the extra revenue versus Q2 2025, 25% reached operating profit, above the 13% margin then. Total costs grew 37% against revenue growth of 43%. The fastest-growing cost line was Sales & marketing (+48%). Net earnings were $0.16B, up 61% year over year. The effective tax rate was 23.4%.
Operating cash flow was −$3.9B. Non-cash charges added back $0.07B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $4.2B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$4.0B.
Questions
What was SoFi Technologies' revenue in the second quarter 2026?
SoFi Technologies (SOFI) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +43% from a year earlier and +11% from the quarter before.
Was SoFi Technologies profitable in the second quarter 2026?
Operating profit was $204M (16.8% of revenue) and net earnings $157M.
Source: SoFi Technologies 10-Q on SEC EDGAR.