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SoFi Just Reported Record Earnings... Why is it Crashing?

Future InvestingMay 1, 2026

SoFi reported record earnings this week, but the stock fell significantly. The author believes the report is being unfairly criticized, highlighting strong growth in members and products, and record revenue. While there were some mixed results in profitability and net income, the company's 'rule of 40' metric remains a strong positive. The author notes that the lending segment performed exceptionally well, while financial services saw its first quarter-over-quarter decline.

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SoFi's record earnings report shows strong growth in key metrics, despite a stock price drop, warranting a hold.

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