---
schema_version: "secwatch.filing_event.v1"
accession: "0001818874-24-000169"
form_type: "8-K"
ticker: "SOFI"
cik: "0001818874"
company_name: "SoFi Technologies, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:23:36.018365+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SoFi reports Q2 net revenue of $599M, net income of $17M; third consecutive GAAP profitable quarter

## Summary
- GAAP net income $17.4M vs loss of $47.5M a year ago; diluted EPS $0.01 vs ($0.06).
- Adjusted net revenue $597M, up 22% YoY; adjusted EBITDA $138M, up 80% YoY.
- Financial Services and Tech Platform segments grew revenue 46% combined, now 45% of adjusted net revenue.
- Members grew 41% YoY; management raised FY24 guidance on strong momentum.
- Lending segment grew only 5% YoY, reflecting conservative stance amid rate environment.

## SEC filing metadata
- accession: 0001818874-24-000169
- form_type: 8-K
- ticker: SOFI
- cik: 0001818874
- company_name: SoFi Technologies, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818874/000181887424000169/0001818874-24-000169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818874/000181887424000169/sofi-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818874-24-000169
- JSON: https://secwatch.observer/filing/0001818874-24-000169.json
- Plain text: https://secwatch.observer/filing/0001818874-24-000169.txt

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