secwatch.observer — SEC 8-K summary
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Issuer:     SoFi Technologies, Inc. (SOFI)
CIK:        0001818874
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001818874-25-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoFi Q1 record net revenue $772M, adjusted net revenue +33% YoY, raises 2025 guidance
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- Record net revenue $772M (GAAP), adjusted net revenue $771M (+33% YoY).
- GAAP net income $71M (-19% YoY); diluted EPS $0.06 (vs $0.02 YoY).
- Adjusted EBITDA record $210M, up 46% YoY; fee-based revenue $315M (+67%).
- Members 10.9M (+34% YoY); products 15.9M (+35% YoY) — all records.
- Management raised full-year 2025 guidance on strong momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818874/000181887425000068/0001818874-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818874/000181887425000068/sofi-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001818874-25-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer