---
schema_version: "secwatch.filing_event.v1"
accession: "0001818874-23-000140"
form_type: "8-K"
ticker: "SOFI"
cik: "0001818874"
company_name: "SoFi Technologies, Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:14:32.286871+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SoFi Q2 record revenue $498M (+37% YoY); adjusted EBITDA $77M (+278% YoY); guidance raised

## Summary
- GAAP net revenue $498M (+37% YoY); adjusted net revenue $489M (+37% YoY).
- Record adjusted EBITDA $77M, up 278% YoY, 16% margin.
- Net loss to common stockholders $57.6M ($0.06 per share) vs $105.9M ($0.12) last year.
- Added 584k new members; total members 6.2M (+44% YoY); deposits $12.7B (+26% in Q2).
- Management raises full-year 2023 guidance.

## SEC filing metadata
- accession: 0001818874-23-000140
- form_type: 8-K
- ticker: SOFI
- cik: 0001818874
- company_name: SoFi Technologies, Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818874/000181887423000140/0001818874-23-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818874/000181887423000140/sofi-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818874-23-000140
- JSON: https://secwatch.observer/filing/0001818874-23-000140.json
- Plain text: https://secwatch.observer/filing/0001818874-23-000140.txt

## Key facts
- Earnings Releases
  SoFi Technologies, Inc. reported three months ended June 30, 2023 results: revenue $ 498,018, net income (47,549), EPS (0.06). Guidance raised.
  - Period: three months ended June 30, 2023
  - Revenue: $ 498,018
  - Net income: (47,549)
  - EPS: (0.06)
  - Guidance: raised
  - Result: reported results
  source text: Total net revenue $ 498,018 $ 362,527 37 % Net loss (47,549) (95,835) (50) % Net loss attributable to common stockholders – basic and diluted (1) (57,628) (105,914) (46) % Loss per share attributable to common stockholders – basic and diluted (0.06) (0.12) (50) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818874/000181887423000140/0001818874-23-000140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.