SoFi Technologies(US:SOFI)2025-04-29 15:16Financial Performance Highlights - SoFi achieved a record adjusted net revenue of $771 million, representing a 33% year-over-year increase, marking the fastest growth in five quarters[8] - The company reported a record adjusted EBITDA of $210 million, resulting in a 27% adjusted EBITDA margin[8] - SoFi attained GAAP net income of $71 million, yielding a 9% GAAP net income margin[8] - Adjusted EPS reached a record of $0.06, marking the sixth consecutive quarter of profitability[8] Revenue Diversification - Fee-based revenue totaled $315 million, a 67% year-over-year increase, accounting for 41% of adjusted net revenue[8] - Financial Services and Tech Platform revenue contributed $407 million to adjusted net revenue, a 66% year-over-year increase[8] Balance Sheet Strength - Tangible book value grew by $946 million year-over-year, reaching $5.1 billion[8] - Member deposits increased by $2.2 billion during the quarter, bringing total deposits to over $27 billion[8] Lending Performance - Personal loan 90-day delinquencies decreased sequentially by 9 basis points to 46 bps, and net charge-offs declined by 6 bps to 3.31%[8] - SoFi originated a record $7.2 billion in loans this quarter[8] Member and Product Growth - The company added a record 800,000 new members and 1.2 million new products[8] 2025 Financial Guidance - SoFi projects adjusted net revenue between $3.235 billion and $3.31 billion for full year 2025[31]